Periodic Videos Ltd - Accounts to registrar - small 17.2
Periodic Videos Ltd - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2016 |
| for |
| Periodic Videos Ltd |
| Periodic Videos Ltd (Registered number: 07825438) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Periodic Videos Ltd |
| Company Information |
| for the Year Ended 31 October 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Periodic Videos Ltd (Registered number: 07825438) |
| Balance Sheet |
| 31 October 2016 |
| 31.10.16 | 31.10.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Periodic Videos Ltd (Registered number: 07825438) |
| Balance Sheet - continued |
| 31 October 2016 |
| The financial statements were approved by the Board of Directors on |
| Periodic Videos Ltd (Registered number: 07825438) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on a going concern basis and are subject to the continued support of the Director's. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Where the company has partially performed its contractual obligations, it recognises revenue to the extent that it has |
| obtained the right to consideration through its performance. |
| Goodwill |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Office Equipment | - |
| Deferred tax |
| Deferred tax is provided in full in respect of taxation deferred by timing differences between treatment of certain items for |
| taxation and accounting purposes. The deferred tax balance has not been discounted. |
| 2. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 November 2015 |
| and 31 October 2016 |
| AMORTISATION |
| At 1 November 2015 |
| Amortisation for year |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| Periodic Videos Ltd (Registered number: 07825438) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Office |
| fittings | Equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 November 2015 |
| Additions |
| At 31 October 2016 |
| DEPRECIATION |
| At 1 November 2015 |
| Charge for year |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.16 | 31.10.15 |
| £ | £ |
| Trade debtors | 70,118 | 99,539 |
| Accrued Income | 32,933 | - |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.16 | 31.10.15 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT |
| Directors' loan accounts |
| Accruals |
| Deferred Income | - | 12,500 |
| 6. | PROVISIONS FOR LIABILITIES |
| 31.10.16 | 31.10.15 |
| £ | £ |
| Deferred tax |
| Periodic Videos Ltd (Registered number: 07825438) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2016 |
| 6. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 November 2015 |
| Deferred tax |
| Balance at 31 October 2016 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.16 | 31.10.15 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 | 100 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 November 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 October 2016 |
| 9. | RELATED PARTY DISCLOSURES |
Name of Related party & Description of relationship |
Description of transactions during the year |
Value of transactions during the year |
Amount owed from/(to) at 31 October |
| 2016 | 2015 | 2016 | 2015 |
| £ | £ | £ | £ |
15,477 |
( |
) |
(143 |
) |
| Dividends totalling £194,990 were paid during the year. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |