HOW_TO_PLAY_BASS_DOT_COM_ - Accounts

HOW TO PLAY BASS DOT COM LTD - Company Information

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Company Registration No. 07732973 (England and Wales)

HOW TO PLAY BASS DOT COM LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

HOW TO PLAY BASS DOT COM LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HOW TO PLAY BASS DOT COM LTD

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,236

Current assets

Debtors

4,882

1,023

Cash at bank and in hand

11,072

28,224

15,954

29,247

Creditors: amounts falling due within one year

(17,088)

(24,666)

Net current liabilities/(assets)

(1,134)

4,581

Total assets less current liabilities

102

4,581

Capital and reserves

Called up share capital

Profit and loss account

101

4,580

Shareholders' funds

102

4,581

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 2 February 2017

P T Wolfe

Director

Company Registration No. 07732973

HOW TO PLAY BASS DOT COM LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 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).

The company has cash resources and has the support of its director. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. He continues to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

1.2

Turnover

Turnover represents amounts receivable for goods and services net of applicable VAT . net of applicable VAT.

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:

Fixtures, fittings and equipment

20% straight line depreciation

1.4

Leasing

Rentals payable under operating leases are charged against on a straight line basis over the lease term.

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.

Fixed assets

Tangible assets

Cost

At 1 October 2015

Additions

1,545

At 30 September 2016

1,545

Depreciation

At 1 October 2015

Charge for the year

309

At 30 September 2016

309

Net book value

At 30 September 2016

1,236

HOW TO PLAY BASS DOT COM LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary shares of £1 each

Transactions with directors

At the balance sheet date £4,417 (2015: nil) was owed to the company by the director, included within debtors. The maximum amount outstanding in the year was £4,417, no interest was charged and the loan was repaid in full within 9 months of the year-end.