Polepeople Dance & Fitness Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06981479 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

Polepeople Dance & Fitness Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms A C Hudd

REGISTERED OFFICE:

Unit 3

Office Village

Chester Business Park

Chester

Cheshire

CH4 9QP

REGISTERED NUMBER:

06981479 (England and Wales)

ACCOUNTANTS:

Crest Plus Accounting Ltd

Unit 3 Office Village

Chester Business Park

Chester

CH4 9QP

FIXED ASSETS

Intangible assets

3

-

903

Tangible assets

4

1,754

2,193

1,754

3,096

CURRENT ASSETS

Cash at bank

71,527

3,467

CREDITORS

Amounts falling due within one year

5

76,317

10,179

NET CURRENT LIABILITIES

(4,790

)

(6,712

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,036

)

(3,616

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(3,037

)

(3,617

)

SHAREHOLDERS' FUNDS

(3,036

)

(3,616

)

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 her 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 28 June 2018 and were signed by:

Ms A C Hudd - Director

1.	STATUTORY INFORMATION

Polepeople Dance & Fitness 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.

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.

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2016

903

Disposals

(903

)

At 31 August 2017

-

NET BOOK VALUE

At 31 August 2017

-

At 31 August 2016

903

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2016

and 31 August 2017

9,672

DEPRECIATION

At 1 September 2016

7,479

Charge for year

439

At 31 August 2017

7,918

NET BOOK VALUE

At 31 August 2017

1,754

At 31 August 2016

2,193

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

188

-

Other creditors

76,129

10,179

76,317

10,179

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms A C Hudd.

7.	GOING CONCERN

The Director expresses her full continued support of the Company.