Popdance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06854280 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Popdance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

S J Wybrow

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

Registered number:

06854280 (England and Wales)

Accountants:

FUSE Accountants LLP

Pound House

62a Highgate High Street

London

N6 5HX

Fixed assets

Tangible assets

4

457

943

Current assets

Debtors

5

1,171

245

Cash at bank

89

25

1,260

270

Creditors

Amounts falling due within one year

6

53,971

53,081

Net current liabilities

(52,711

)

(52,811

)

Total assets less current liabilities

(52,254

)

(51,868

)

Capital and reserves

Called up share capital

1

1

Retained earnings

(52,255

)

(51,869

)

Shareholders' funds

(52,254

)

(51,868

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 4 October 2018 and were signed by:

S J Wybrow - Director

1.	Statutory information

Popdance 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

Going concern

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.

As at the balance sheet date the company had net liabilities of £52,254, which are financed by loans

from the director. These loans are to be repaid only when the company has sufficient financial

resources to do so. Therefore the director is of the opinion that the company will be able to meet all

its debts as and when they fall due and the accounts have been prepared on the going concern basis.

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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

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.	Employees and directors

The average number of employees during the year was 1 (2017 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 April 2017

and 31 March 2018

162

2,761

2,923

Depreciation

At 1 April 2017

97

1,883

1,980

Charge for year

33

453

486

At 31 March 2018

130

2,336

2,466

Net book value

At 31 March 2018

32

425

457

At 31 March 2017

65

878

943

5.

Debtors: amounts falling due within one year

2018

2017

£

£

Trade debtors

790

-

Amounts owed by associates

381

245

1,171

245

6.

Creditors: amounts falling due within one year

2018

2017

£

£

Bank loans and overdrafts

5,266

5,265

Trade creditors

1,274

1,090

Other creditors

1,000

1,000

Directors' loan accounts

46,431

45,726

53,971

53,081

7.	Ultimate controlling party

The ultimate controlling party is S J Wybrow.