Company Registration No. 06474540 (England and Wales)
SCHOOL STICKERS HOLDINGS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2016
SCHOOL STICKERS HOLDINGS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
SCHOOL STICKERS HOLDINGS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2016
31 August 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
6,000
6,000
Current assets
Debtors
130,080
130,080
Creditors: amounts falling due within one year
(35,000)
(149,400)
Net current assets/(liabilities)
95,080
(19,320)
Total assets less current liabilities
101,080
(13,320)
Capital and reserves
Called up share capital
3
121,700
7,300
Share premium account
29,700
29,700
Profit and loss account
(50,320)
(50,320)
Shareholders' funds
101,080
(13,320)
For the financial year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 18 May 2017
Mr N Hodges
Director
Company Registration No. 06474540
SCHOOL STICKERS HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2
Fixed assets
Investments
£
Cost
At 1 September 2015 & at 31 August 2016
6,000
At 31 August 2015
6,000
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
School Stickers Limited
United Kingdom
Ordinary
100.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
School Stickers Limited
Intermediate holding company
(655,373)
-
SCHOOL STICKERS HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
11,755,000 A Ordinary Shares of 1p each
117,550
3,150
315,000 B Ordinary shares of 1p each
3,150
3,150
100,000,000 A1 and B1 Ordinary shares of 0.001p each
1,000
1,000
121,700
7,300
During the year 11,440,000 ordinary A shares of £0.01 each, were allotted and fully paid.
The rights attaching to each class of share are detailed in the memorandum and articles of association available at Companies House.
4
Ultimate parent company
The parent company is Carrot Rewards Limited, who owns 100% of the share capital.