Gazzeebo Software Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06353094 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

Gazzeebo Software Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S D Hill

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

BUSINESS ADDRESS:

Unit 397

Aviation Park West

Bournemouth International Airport

Christchurch

Dorset

BH23 6DB

REGISTERED NUMBER:

06353094 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

CURRENT ASSETS

Debtors

4

176,608

176,608

Cash at bank and in hand

55,534

29,968

232,142

206,576

CREDITORS

Amounts falling due within one year

5

112,385

82,681

NET CURRENT ASSETS

119,757

123,895

TOTAL ASSETS LESS CURRENT LIABILITIES

119,757

123,895

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

119,747

123,885

SHAREHOLDERS' FUNDS

119,757

123,895

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

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

The director acknowledges his 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 director on 22 May 2018 and were signed by:

S D Hill - Director

1.	STATUTORY INFORMATION

Gazzeebo Software Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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.

Computer software

Computer software is amortised over its estimated useful economic life of 7 years.

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2016

and 31 August 2017

20,000

AMORTISATION

At 1 September 2016

and 31 August 2017

20,000

NET BOOK VALUE

At 31 August 2017

-

At 31 August 2016

-

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

5,439

5,439

Other debtors

171,169

171,169

176,608

176,608

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

6,297

7,183

Other creditors

106,088

75,498

112,385

82,681

6.	RELATED PARTY DISCLOSURES