TEEPEEGAMES LIMITED
REGISTERED NUMBER:
07272782
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CREDITORS:
amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES
|
|
|
|
The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act")
and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2016 and of its loss for the period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
Page 1
|
TEEPEEGAMES LIMITED
ABBREVIATED BALANCE SHEET
(continued)
AS AT
31 DECEMBER 2016
The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on
23 January 2017
.
The notes on pages 3 to 4 form part of these financial statements.
Page 2
|
TEEPEEGAMES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
1.
ACCOUNTING POLICIES
|
|
Basis of preparation of financial statements
|
|
|
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)
.
|
|
|
|
|
|
These accounts are produced on a going concern basis. The company made a loss of £158,182 in 2016 (2015: £371,397). The company currently has retained losses of £1,169,011. The company will continue to be supported by the directors and shareholders..
|
|
|
|
|
|
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
|
|
|
Intangible fixed assets and amortisation
|
|
|
Website development is being amortised over 3 years.
|
|
|
Tangible fixed assets and depreciation
|
|
|
|
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
|
|
|
|
2.
INTANGIBLE FIXED ASSETS
Page 3
|
TEEPEEGAMES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
3.
TANGIBLE FIXED ASSETS
|
|
|
|
|
|
|
At 1 September 2015 and 31 December 2016
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4.
SHARE CAPITAL
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
2,266,940
Ordinary-A
shares of £
0.0001
each
|
|
|
|
|
516,137
Investment-B
shares of £
0.0001
each
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 4
|