Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Cheeky Monkey Bars Limited
Contents
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Cheeky Monkey Bars Limited
(Registration number: 05338578)
Abbreviated Balance Sheet at 31 January 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
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- |
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Profit and loss account |
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Shareholders' deficit |
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( |
1
Cheeky Monkey Bars Limited
(Registration number: 05338578)
Abbreviated Balance Sheet at 31 January 2016
......... continued
Approved by the Board on
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J Edwards
Director
2
Cheeky Monkey Bars Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on the continued support of the directors and other creditors not requiring the withdrawal of their monies owed to them until sufficient funds are available.
If the company were unable to trade, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Cheeky Monkey Bars Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Depreciation
Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Short leasehold land and buildings |
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Plant and machinery |
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Investment properties
Stock
Deferred tax
Cheeky Monkey Bars Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 February 2015 |
600,000 |
570,573 |
1,170,573 |
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Additions |
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197,032 |
197,032 |
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Disposals |
- |
(21,239) |
(21,239) |
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At 31 January 2016 |
600,000 |
746,366 |
1,346,366 |
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Depreciation |
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At 1 February 2015 |
360,000 |
177,210 |
537,210 |
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Charge for the year |
60,000 |
90,003 |
150,003 |
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Eliminated on disposals |
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(16,828) |
(16,828) |
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At 31 January 2016 |
420,000 |
250,385 |
670,385 |
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Net book value |
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At 31 January 2016 |
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At 31 January 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
2,263 |
2,166 |
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Amounts falling due after more than one year |
78,319 |
80,582 |
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Total secured creditors |
80,582 |
82,748 |
Included in the creditors are the following amounts due after more than five years:
2016
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2015
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After more than five years by instalments |
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Cheeky Monkey Bars Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
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No. |
£ |
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Control |
The company is controlled by