Funny Money Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04858327 (England and Wales)

Financial Statements for the Year Ended 31 March 2017

for

Funny Money Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T M Dauncey

Mrs P A Dauncey

SECRETARY:

T M Dauncey

REGISTERED OFFICE:

4 Kentish Gardens

Tunbridge Wells

Kent

TN2 5XU

REGISTERED NUMBER:

04858327 (England and Wales)

FIXED ASSETS

Tangible assets

3

1,073

1,583

CURRENT ASSETS

Debtors

-

2,000

Cash at bank

35,802

34,560

35,802

36,560

CREDITORS

Amounts falling due within one year

2,814

2,850

NET CURRENT ASSETS

32,988

33,710

TOTAL ASSETS LESS CURRENT LIABILITIES

34,061

35,293

CAPITAL AND RESERVES

Called up share capital

50,300

50,300

Retained earnings

(16,239

)

(15,007

)

SHAREHOLDERS' FUNDS

34,061

35,293

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 December 2017 and were signed on its behalf by:

T M Dauncey - Director

1.	STATUTORY INFORMATION

Funny Money 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

Plant and Machinery 25%

Computer Equipment 33%

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

9,855

DEPRECIATION

At 1 April 2016

8,272

Charge for year

510

At 31 March 2017

8,782

NET BOOK VALUE

At 31 March 2017

1,073

At 31 March 2016

1,583