Pokit Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04118540 (England and Wales)

POKIT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B O Oduwole

Mrs C Oduwole

SECRETARY:

Mrs C Oduwole

REGISTERED OFFICE:

Ground Floor Shop

132 Wardour Street

London

W1F 8ZW

REGISTERED NUMBER:

04118540 (England and Wales)

ACCOUNTANTS:

Eric R Jenkins FCA

Chartered Accountants

104 Southover

London

N12 7HD

FIXED ASSETS

Tangible assets

4

4,233

5,644

CURRENT ASSETS

Stocks

5,575

4,700

Debtors

5

32,120

8,379

Cash at bank and in hand

3,665

165

41,360

13,244

CREDITORS

Amounts falling due within one year

6

8,090

11,599

NET CURRENT ASSETS

33,270

1,645

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,503

7,289

CREDITORS

Amounts falling due after more than one
year

7

88,960

69,999

NET LIABILITIES

(51,457

)

(62,710

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

(51,557

)

(62,810

)

SHAREHOLDERS' FUNDS

(51,457

)

(62,710

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 December 2017 and were signed on its behalf
by:

B O Oduwole - Director

Mrs C Oduwole - Director

1.	STATUTORY INFORMATION

Pokit Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture and equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Furniture

and

equipment

£

COST

At 1 April 2016

and 31 March 2017

54,213

DEPRECIATION

At 1 April 2016

48,569

Charge for year

1,411

At 31 March 2017

49,980

NET BOOK VALUE

At 31 March 2017

4,233

At 31 March 2016

5,644

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade debtors

26,609

5,343

Other debtors

5,511

3,036

32,120

8,379

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade creditors

7,170

8,839

Other creditors

920

2,760

8,090

11,599

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.17

31.3.16

£

Other creditors

88,960

69,999

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

100

Ordinary

£1

100

Pokit Limited - Accounts to registrar (filleted) - small 17.3

Pokit Limited - Accounts to registrar (filleted) - small 17.3