Abbreviated Company Accounts - CHILLOUT GAMES LTD

Abbreviated Company Accounts - CHILLOUT GAMES LTD

CHILLOUT GAMES LTD - Company Information

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Registered Number 07726871

CHILLOUT GAMES LTD

Abbreviated Accounts

31 December 2015

CHILLOUT GAMES LTD Registered Number 07726871

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Called up share capital not paid 99 99
Fixed assets
Intangible assets 2 - 2,787
Tangible assets 3 2,048 6,809
2,048 9,596
Current assets
Stocks 37,564 19,778
Debtors 8,879 5,250
Cash at bank and in hand - 442
46,443 25,470
Prepayments and accrued income 1,534 1,588
Creditors: amounts falling due within one year (44,744) (40,749)
Net current assets (liabilities) 3,233 (13,691)
Total assets less current liabilities 5,380 (3,996)
Accruals and deferred income (10,150) (3,842)
Total net assets (liabilities) (4,770) (7,838)
Capital and reserves
Called up share capital 100 100
Profit and loss account (4,870) (7,938)
Shareholders' funds (4,770) (7,838)
  • 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 September 2016

And signed on their behalf by:
Paul Mullineux-Jones, Director

CHILLOUT GAMES LTD Registered Number 07726871

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover in the profit and loss account represents revenue recognised by the company in respect of
goods and services supplied during the period exclusive of VAT and trade discounts.

2Intangible fixed assets
£
Cost
At 1 January 2015 16,724
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 16,724
Amortisation
At 1 January 2015 13,937
Charge for the year 2,787
On disposals -
At 31 December 2015 16,724
Net book values
At 31 December 2015 0
At 31 December 2014 2,787
3Tangible fixed assets
£
Cost
At 1 January 2015 20,458
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 20,458
Depreciation
At 1 January 2015 13,649
Charge for the year 4,761
On disposals -
At 31 December 2015 18,410
Net book values
At 31 December 2015 2,048
At 31 December 2014 6,809