PEACH_ENTERTAINMENT_LIMIT - Accounts

PEACH ENTERTAINMENT LIMITED - Company Information

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Company Registration No. 06537096 (England and Wales)

PEACH ENTERTAINMENT LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

PEACH ENTERTAINMENT LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PEACH ENTERTAINMENT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

35,877

43,837

Current assets

Debtors

12,500

Cash at bank and in hand

2,961

15,461

Creditors: amounts falling due within one year

(294,811)

(294,032)

Net current liabilities

(279,350)

(278,571)

Total assets less current liabilities

(243,473)

(234,734)

Capital and reserves

Called up share capital

Profit and loss account

(243,483)

(234,744)

Shareholders' funds

(243,473)

(234,734)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 July 2016

Mr Keeran Iyapah

Director

Company Registration No. 06537096

PEACH ENTERTAINMENT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

Plant and machinery

25% Reducing balance

Computer equipment

25% Reducing balance

Fixtures, fittings & equipment

25% Reducing balance

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

133,794

Depreciation

At 1 April 2015

89,957

Charge for the year

7,960

At 31 March 2016

97,917

Net book value

At 31 March 2016

35,877

At 31 March 2015

43,837

Share capital

2016

2015

Allotted, called up and fully paid

10 Ordinary Shares of £1 each