Accounts filed on 30-04-2015

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			Company registration number:06163547
			PLAYROOM CREATIVE SERVICES LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 30 April 2015

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PLAYROOM CREATIVE SERVICES LIMITED
BALANCE SHEET
AS AT 30 April 2015
			2015				2014
		Notes	£		£		£		£
FIXED ASSETS
Intangible assets		2			14,567				22,167
Tangible assets		3			8,328				10,203
					22,895				32,370
CURRENT ASSETS
Debtors			3,510				2,430
Cash at bank and in hand			3,012				0
			6,522				2,430
CREDITORS
Amounts falling due within one year			(29,247)				(34,647)
NET CURRENT ASSETS					(22,725)				(32,217)
TOTAL ASSETS LESS
CURRENT LIABILITIES					170				153
NET ASSETS					170				153
CAPITAL AND RESERVES
Called-up equity share capital		4			100				100
Profit and loss account					70				53
SHAREHOLDERS FUNDS					170				153
For the year ending 30 April 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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 8 December 2015 and signed on its behalf.
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P Day - Director
8 December 2015
The annexed notes form part of these financial statements.

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PLAYROOM CREATIVE SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Statement of cashflow

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cashflow statement on the grounds that it is a small company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Goodwill is the difference between the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets. It is being written off in equal annual instalments over its estimated economic life of 10 years.

Fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation i provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computers - 33% per annum reducing balance

Fixtures and Fittings - 20 % per annum reducing balance

2.	Intangible fixed assets
				Total
	Cost
	At start of period			76,000
	At end of period			76,000
	Amortisation
	At start of period			53,833
	Provided during the period			7,600
	At end of period			61,433
	Net Book Values
	At start of period			22,167
	At end of period			14,567

3.	Tangible fixed assets
				Total
	Cost
	At start of period			34,683
	Additions			1,803
	At end of period			36,486
	Depreciation
	At start of period			24,480
	Provided during the period			3,678
	At end of period			28,158
	Net Book Value
	At start of period			10,203
	At end of period			8,328

4.	Share capital				Allotted, issued and fully paid
					2015	2014
					£	£
	Ordinary shares of £1 each				100	100
	Total issued share capital				100	100
5.	Transactions with directors
	At 30 April 2015, Peter Day and Kimberley Day had made loans to the Company of £9,134 (2014 - £4,743) and £10,108 (2014 - £5,391), respectively. These loans are non-interest bearing and repayable on demand.
6.	Ultimate controlling party
	As directors, equal shareholders, and due to their day to day management of the company, Peter and Kimberley Day are equal controlling parties of the company.