Ambitious Limited - Accounts to registrar - small 16.1.1
Ambitious Limited - Accounts to registrar - small 16.1.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2015 |
| for |
| Ambitious Limited |
| Ambitious Limited (Registered number: 07964801) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Ambitious Limited |
| Company Information |
| for the Year Ended 31 December 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisors |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Ambitious Limited |
| The following reproduces the text of the report prepared for the directors and members in respect of the |
| company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
| only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other |
| primary statements and the Report of the Directors are not required to be filed with the Registrar of |
| Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Ambitious Limited for the year ended 31 December 2015 which comprise the Profit and Loss |
| Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Ambitious Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ambitious Limited and state those matters that we have agreed to state to the Board of Directors of Ambitious Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Ambitious Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ambitious Limited. You consider that Ambitious Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Ambitious Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants and Business Advisors |
| 29 September 2016 |
| Ambitious Limited (Registered number: 07964801) |
| Balance Sheet |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account | 6 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on by: |
| Ambitious Limited (Registered number: 07964801) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2015 |
| 1. | ACCOUNTING POLICIES |
| 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). |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention. |
| Financial reporting standard number 1 |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2015 |
| and 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Trade debtors | 930 | - |
| Other debtors | 600 | 600 |
| Ambitious Limited (Registered number: 07964801) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2015 |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 January 2015 |
| Deficit for the year | ( |
) |
| At 31 December 2015 |
| 7. | RELATED PARTY DISCLOSURES |
| Roadside Media UK2 Limited |
| A company with common shareholders |
| 2015 | 2014 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |