Company Registration No. 07688990 (England and Wales)
APPTIVITY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
APPTIVITY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
APPTIVITY LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
12,613
14,762
Tangible assets
2
629
839
13,242
15,601
Current assets
Debtors
104
405
Cash at bank and in hand
59
75
163
480
Creditors: amounts falling due within one year
(4,470)
(3,850)
Net current liabilities
(4,307)
(3,370)
Total assets less current liabilities
8,935
12,231
Capital and reserves
Called up share capital
3
10
10
Share premium account
29,990
29,990
Profit and loss account
(21,065)
(17,769)
Shareholders' funds
8,935
12,231
For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 March 2016
M Peace
Director
Company Registration No. 07688990
APPTIVITY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company made losses during the year and has negative reserves. The directors have confirmed there continued support to the company and as a result the accounts are prepared on the going concern basis.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% reducing balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2014 & at 30 June 2015
21,488
1,646
23,134
Depreciation
At 1 July 2014
6,726
807
7,533
Charge for the year
2,149
210
2,359
At 30 June 2015
8,875
1,017
9,892
Net book value
At 30 June 2015
12,613
629
13,242
At 30 June 2014
14,762
839
15,601
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary of 1p each
10
10
