Abbreviated Company Accounts - FUNKYPANDA DIGITAL LTD

FUNKYPANDA DIGITAL LTD - Company Information

09215679 FUNKYPANDA DIGITAL LTD 2015-10-31 false 2014-09-12 2015-10-31 true 09215679 2014-09-12 2015-10-31 09215679 2015-10-31 09215679 uk-gaap-cd-bus:Director1 2014-09-12 2015-10-31 09215679 uk-gaap-cd-bus:Director2 2014-09-12 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-12 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 09215679

FUNKYPANDA DIGITAL LTD

Abbreviated Accounts

31 October 2015

FUNKYPANDA DIGITAL LTD Registered Number 09215679

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	7,504
		7,504
Current assets
Debtors	3	8,414
Cash at bank and in hand		53,404
		61,818
Creditors: amounts falling due within one year		(363,961)
Net current assets (liabilities)		(302,143)
Total assets less current liabilities		(294,639)
Total net assets (liabilities)		(294,639)
Capital and reserves
Called up share capital	4	60
Profit and loss account		(294,699)
Shareholders' funds		(294,639)

For the year ending 31 October 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 16 February 2016

And signed on their behalf by:
W Tang, Director

FUNKYPANDA DIGITAL LTD Registered Number 09215679

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements 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 comprises revenue recognised by the company in respect of goods and services supplied
during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 25% straight line
Computer equipment - 33% straight line

2Tangible fixed assets

	£
Cost
Additions	10,440
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	10,440
Depreciation
Charge for the year	2,936
On disposals	-
At 31 October 2015	2,936
Net book values
At 31 October 2015	7,504

3Debtors

	2015 £
Debtors include the following amounts due after more than one year	6,710

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
6,000 A Ordinary shares of £0.01 each	60

On incorporation, 12 September 2014, the company issued 45 £1 Ordinary A shares at par.
On 17 October 2014, the 45 Ordinary A shares were sub-divided into 4,500 £0.01 Ordinary A shares.
On 15 September 2015, Wenhua Tang, Director, was allotted 1,500 £0.01 Ordinary A on excercise of
share options at par.