Abbreviated Company Accounts - PEACH DIGITAL LIMITED

THE BOXOFFICE COMPANY (GLASGOW) LTD. - Company Information

SC205024 PEACH DIGITAL LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true SC205024 2014-04-01 2015-03-31 SC205024 2015-03-31 SC205024 2014-03-31 SC205024 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC205024 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director4 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director4 2015-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number SC205024

PEACH DIGITAL LIMITED

Abbreviated Accounts

31 March 2015

PEACH DIGITAL LIMITED Registered Number SC205024

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	123,154	-
Tangible assets	3	17,592	20,262
		140,746	20,262
Current assets
Debtors		473,366	419,627
Cash at bank and in hand		3,988	2,863
		477,354	422,490
Creditors: amounts falling due within one year	4	(355,518)	(289,006)
Net current assets (liabilities)		121,836	133,484
Total assets less current liabilities		262,582	153,746
Creditors: amounts falling due after more than one year	4	(165,889)	(65,383)
Total net assets (liabilities)		96,693	88,363
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		96,593	88,263
Shareholders' funds		96,693	88,363

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 December 2015

And signed on their behalf by:
MIchael Rose, Director

PEACH DIGITAL LIMITED Registered Number SC205024

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the accounts represents the value of services supplied during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided to write off the cost or valuation of fixed assets less any residual value over their estimated useful lives which, for equipment, fixtures and fittings is taken to be 25% (straight line).

Intangible assets amortisation policy
Intangible assets are written off over their useful economic lives which is taken to be 5 years.

Other accounting policies
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Intangible fixed assets

	£
Cost
At 1 April 2014	0
Additions	123,154
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	123,154
Amortisation
At 1 April 2014	0
Charge for the year	0
On disposals	0
At 31 March 2015	0
Net book values
At 31 March 2015	123,154
At 31 March 2014	0

3Tangible fixed assets

	£
Cost
At 1 April 2014	173,069
Additions	3,050
Disposals	0
Revaluations	0
Transfers	-
At 31 March 2015	176,119
Depreciation
At 1 April 2014	152,807
Charge for the year	5,720
On disposals	-
At 31 March 2015	158,527
Net book values
At 31 March 2015	17,592
At 31 March 2014	20,262

4Creditors

	2015 £	2014 £
Secured Debts	255,790	197,639

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

6Transactions with directors

Name of director receiving advance or credit:	Michael Rose
Description of the transaction:	Loan to Compnay
Balance at 1 April 2014:	£ 65,383
Advances or credits made:	£ 96,778
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 162,161

Name of director receiving advance or credit:	Malcolm Macmillan
Description of the transaction:	Loan to Company
Balance at 1 April 2014:	£ 21,537
Advances or credits made:	-
Advances or credits repaid:	£ 17,809
Balance at 31 March 2015:	£ 3,728