Pure_Life_Shows_Limited - Accounts
Pure_Life_Shows_Limited - Accounts
Unaudited Abbreviated Accounts
For the year ended 31 May 2016
Company Registration No. 09022562 (England and Wales)
Contents
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
Abbreviated Balance Sheet
As at 31 May 2016
Page 1
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(4,180,646 )
(5,162,581 )
Net current liabilities
(3,050,161 )
(4,160,191 )
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Approved by the Board for issue on 30 September 2016
Director
Company Registration No. 09022562
Notes to the Abbreviated Accounts
For the year ended 31 May 2016
Page 2
1
Accounting policies
1.1
Accounting convention
1.2
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).
1.3
Turnover
1.4
Goodwill
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Intangible assets
£
Cost
At 1 June 2015 & at 31 May 2016
4,985,366
Depreciation
At 1 June 2015
664,715
Charge for the year
997,073
At 31 May 2016
1,661,788
Net book value
At 31 May 2016
3,323,578
At 31 May 2015
4,320,651
Notes to the Abbreviated Accounts (Continued)
For the year ended 31 May 2016
Page 3
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
On incorporation 1,000 shares were issued at par value of £1 each.