Abbreviated Company Accounts - PLAYFIVEASIDE LTD

06959898 PLAYFIVEASIDE LTD 2015-07-31 false 2014-08-01 2015-07-31 true 06959898 2014-08-01 2015-07-31 06959898 2015-07-31 06959898 2014-07-31 06959898 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 06959898 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:Director3 2014-07-31 iso4217:GBP shares

Registered Number 06959898

PLAYFIVEASIDE LTD

Abbreviated Accounts

31 July 2015

PLAYFIVEASIDE LTD Registered Number 06959898

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,559	4,187
		3,559	4,187
Current assets
Debtors		215,099	277,398
Cash at bank and in hand		97,741	62,795
		312,840	340,193
Creditors: amounts falling due within one year		(122,898)	(207,902)
Net current assets (liabilities)		189,942	132,291
Total assets less current liabilities		193,501	136,478
Total net assets (liabilities)		193,501	136,478
Capital and reserves
Called up share capital		500	500
Profit and loss account		193,001	135,978
Shareholders' funds		193,501	136,478

For the year ending 31 July 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 29 April 2016

And signed on their behalf by:
MR NILESH PANDIT, Director

PLAYFIVEASIDE LTD Registered Number 06959898

Notes to the Abbreviated Accounts for the period ended 31 July 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
Turnover represents amounts receivable for services net of VAT. The company
recognises revenue from sales as the services are performed.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost of the asset less its estimated residual value,
over the life of the asset as follows:
Plant and equipment - 15% per annum -reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 August 2014	5,928
Additions	-
Disposals	(1,002)
Revaluations	-
Transfers	-
At 31 July 2015	4,926
Depreciation
At 1 August 2014	1,741
Charge for the year	628
On disposals	(1,002)
At 31 July 2015	1,367
Net book values
At 31 July 2015	3,559
At 31 July 2014	4,187

3Transactions with directors

Name of director receiving advance or credit:	Mr Nilesh Pandit
Description of the transaction:	Loan
Balance at 1 August 2014:	£ 219,936
Advances or credits made:	-
Advances or credits repaid:	£ 70,297
Balance at 31 July 2015:	£ 149,639

The amount of the debtor include above advance to the director which
will be paid in due course.