Accounts Submission

GRUMPY FERRET LIMITED - Company Information

Company Accounts and Tax Online 07463082 Board of Directors 1.1.17 31.12.17 31.12.17 false iso4217:GBP xbrli:pure 07463082 2016-01-01 2016-12-31 07463082 2017-12-31 07463082 2017-01-01 2017-12-31 07463082 2016-12-31 07463082 countries:EnglandWales 2017-01-01 2017-12-31 07463082 curr:PoundSterling 2017-01-01 2017-12-31 07463082 uk-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 07463082 uk-bus:FRS102 2017-01-01 2017-12-31 07463082 uk-bus:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 07463082 uk-bus:AbridgedAccounts 2017-01-01 2017-12-31 07463082 uk-bus:RegisteredOffice 2017-01-01 2017-12-31 07463082 uk-bus:Director1 2017-01-01 2017-12-31 07463082 uk-bus:Director1 2017-01-01 07463082 uk-bus:Director1 2017-12-31 07463082 core:AfterOneYear 2017-12-31 07463082 core:AfterOneYear 2016-12-31 07463082 core:WithinOneYear 2017-12-31 07463082 core:WithinOneYear 2016-12-31 07463082 core:WithinOneYear 2017-01-01 2017-12-31 07463082 core:AfterOneYear 2017-12-31 07463082 core:AfterOneYear 2016-12-31 07463082 core:AfterOneYear 2017-01-01 2017-12-31 07463082 core:ShareCapital 2017-12-31 07463082 core:ShareCapital 2016-12-31 07463082 core:RevaluationReserve 2017-12-31 07463082 core:RevaluationReserve 2016-12-31 07463082 core:RetainedEarningsAccumulatedLosses 2017-12-31 07463082 core:RetainedEarningsAccumulatedLosses 2016-12-31 07463082 1 2017-01-01 2017-12-31

Company Registration Number:
07463082 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

Contents of the Financial Statements

for the Period Ended 31 December 2017


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

Directors' Report Period Ended 31 December 2017

The directors present their report with the financial statements of the company for the period ended 31 December 2017

Principal Activities

The company's principal activity during the period was Computer Game Development.

Directors

The directors shown below have held office during the whole of the period from 01 January 2017 to 31 December 2017
Fraser Graham McCormick

This report was approved by the board of directors on 13 September 2018
And Signed On Behalf Of The Board By:

Name: Fraser Graham McCormick
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2017

	2017 £	2016 £
Gross Profit or (Loss)	54,833	43,246
Administrative Expenses	(20,970)	(23,268)
Operating Profit or (Loss)	33,863	19,978
Interest Receivable and Similar Income	59	93
Profit or (Loss) Before Tax	33,922	20,071
Tax on Profit	(6,535)	(4,170)
Profit or (Loss) for Period	27,387	15,901

The notes form part of these financial statements

Balance sheet

As at 31 December 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	3	1,084	1,114
Total fixed assets:		1,084	1,114
Current assets
Debtors:		5	5,711
Cash at bank and in hand:		18,042	12,175
Total current assets:		18,047	17,886
Creditors: amounts falling due within one year:		( 9,580 )	( 5,636 )
Net current assets (liabilities):		8,467	12,250
Total assets less current liabilities:		9,551	13,364
Total net assets (liabilities):		9,551	13,364

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2017

	2017 £	2016 £
Capital and reserves
Called up share capital:	100	100
Profit and loss account:	9,451	13,264
Shareholders funds:	9,551	13,364

For the year ending 31 December 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 September 2018
And Signed On Behalf Of The Board By:

Name: Fraser Graham McCormick
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

Tangible fixed assets depreciation policy

Assets are depreciated on a straight-line basis over their estimated useful lifespans.

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Dividends

	2017 £	2016 £
Dividends paid	31,200	23,400

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Tangible Assets

	Total
Cost	£
At 01 January 2017	3,799
Additions	1,124
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2017	4,923
Depreciation
At 01 January 2017	2,685
Charge for year	1,154
On disposals	-
Other adjustments	-
At 31 December 2017	3,839
Net book value
At 31 December 2017	1,084
At 31 December 2016	1,114

Director:		Fraser Graham McCormick


Registered office:		Wisteria Grange Barn, Pikes End Pinner Middlesex HA5 2EX


Company Registration Number:		07463082 (England and Wales)

Accounts Submission