Accounts filed on 31-08-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 August 2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 03825961


Registered Number: 03825961

BALANCE SHEET AT 31 AUGUST 2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		166		221

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	1,500		7,775
Cash at bank and in hand		1,156		3,280
		2,656		11,055
CREDITORS: Amounts falling due within one year		4,711		8,979
NET CURRENT (LIABILITIES) / ASSETS			(2,055)		2,076
TOTAL ASSETS LESS CURRENT LIABILITIES			(1,889)		2,297

CAPITAL AND RESERVES

Called up share capital	4		2		2
Profit and loss account			(1,891)		2,295
SHAREHOLDERS' FUNDS			(1,889)		2,297

For the year ending 31 August 2016 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 23 November 2016 and signed on their behalf by




Mr M Perle
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Going Concern
The company made a loss during the year and has an excess of liabilities over assets as at the balance sheet date. However, apart from normal trade liabilities the only significant liability is to the company's director, who has confirmed that he will continue to support the company financially. The director anticipates that the company will generate positive cash flows for the next 12 months and the accounts have therefore been prepared on the going concern basis.




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		25%
Equipment		25%




1d. Foreign Currency
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	1,500	7,775
	1,500	7,775




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2




5. TRANSACTIONS WITH DIRECTORS
'Other creditors' includes £4,158 (2015: £8,426) owed to Mr M Perle.