Abbreviated Company Accounts - AFFINITYSERVE LIMITED

AFFINITYSERVE LIMITED - Company Information

04297432 AFFINITYSERVE LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04297432 2015-01-01 2015-12-31 04297432 2015-12-31 04297432 2014-12-31 04297432 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04297432 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04297432

AFFINITYSERVE LIMITED

Abbreviated Accounts

31 December 2015

AFFINITYSERVE LIMITED Registered Number 04297432

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Investments	2	4,951	4,951
		4,951	4,951
Current assets
Debtors	3	603,207	603,233
		603,207	603,233
Creditors: amounts falling due within one year		(20,758)	(18,765)
Net current assets (liabilities)		582,449	584,468
Total assets less current liabilities		587,400	589,419
Total net assets (liabilities)		587,400	589,419
Capital and reserves
Called up share capital	4	1,238	1,238
Share premium account		631,738	631,738
Profit and loss account		(45,576)	(43,557)
Shareholders' funds		587,400	589,419

For the year ending 31 December 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 30 August 2016

And signed on their behalf by:
T Lindfors, Director

AFFINITYSERVE LIMITED Registered Number 04297432

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

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention - the financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015)

Other accounting policies
Preparation of consolidated financial statements - the financial statements contain information about Affinityserve Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company takes the option under section 398 of the Companies Act 2006 not to prepare consolidated financial statements

Deferred tax - deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Foreign currencies - Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transactions. Exchange differences are taken into account in arriving at the operating result.

2Fixed assets Investments
FIXED ASSET INVESTMENTS
Investments
other
than
loans
£
COST
At 1 January 2015
and 31 December 2015 4,951

NET BOOK VALUE
At 31 December 2015 4,951

At 31 December 2014 4,951

The company's investments at the Balance Sheet date in the share capital of companies include the following:

MFabrik Production Oy
Country of incorporation: Finland
Nature of business: Mobile Internet solutions
%
Class of shares: holding
Ordinary 100.00
Dream Action Oy
Country of incorporation: Finland
Nature of business: Mobile video entertainment
%
Class of shares: holding
Ordinary 100.00

3Debtors

The aggregate total of debtors falling due after more than one year is £599,080 (2014 - £599,080).

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

	2015 £	2014 £
12,375 Ordinary shares of £0.10 each	1,238	1,238