| Pre-School Playhouse Limited |
| Registered number: |
04664961 |
| Abbreviated Balance Sheet |
| as at 30 November 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
78,000 |
|
|
97,500 |
| Tangible assets |
3 |
|
|
6,587 |
|
|
8,014 |
|
|
|
|
84,587 |
|
|
105,514 |
|
| Current assets |
| Debtors |
|
|
- |
|
|
800 |
| Cash at bank and in hand |
|
|
4,737 |
|
|
232 |
|
|
|
4,737 |
|
|
1,032 |
|
| Creditors: amounts falling due within one year |
|
|
(46,113) |
|
|
(62,703) |
|
| Net current liabilities |
|
|
|
(41,376) |
|
|
(61,671) |
|
| Net assets |
|
|
|
|
|
|
43,843 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
21,651 |
|
|
21,651 |
| Profit and loss account |
|
|
|
21,560 |
|
|
22,192 |
|
| Shareholder's funds |
|
|
|
43,211 |
|
|
43,843 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Amanda Barnes |
| Director |
| Approved by the board on 6 July 2017 |
|
| Pre-School Playhouse Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Deferred taxation |
|
The Director has elected that no provision need be made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes because of the pools with small values. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Leasing and hire purchase commitments |
|
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme under the aegis of Auto-enrolment. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2015 |
150,000 |
|
At 30 November 2016 |
150,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 December 2015 |
52,500 |
|
Provided during the year |
19,500 |
|
At 30 November 2016 |
72,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2016 |
78,000 |
|
At 30 November 2015 |
97,500 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2015 |
30,386 |
|
Additions |
220 |
|
At 30 November 2016 |
30,606 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2015 |
22,372 |
|
Charge for the year |
1,647 |
|
At 30 November 2016 |
24,019 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2016 |
6,587 |
|
At 30 November 2015 |
8,014 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,001 |
|
1,001 |
|
1,001 |
|
Ordinary shares B |
£1 each |
|
1,000 |
|
20,650 |
|
20,650 |
|
|
|
|
|
|
21,651 |
|
21,651 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Amanda Barnes |
|
Balance of Director's account |
(7,002) |
|
(23,198) |
|
38,702 |
|
8,502 |
|
|
|
(7,002) |
|
(23,198) |
|
38,702 |
|
8,502 |
|
|
|
|
|
|
|
|
|
