Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
Pocket App Ltd
trading as Pocket App Limited
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6 ) have been prepared.
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Pocket App Ltd
trading as Pocket App Limited
for the Year Ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pocket App Ltd for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Pocket App Ltd, as a body, in accordance with the terms of our engagement letterdated 13 May 2015. Our work has been undertaken solely to prepare for your approval the accounts of Pocket App Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pocket App Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pocket App Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Pocket App Ltd. You consider that Pocket App Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pocket App Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Soaring Falcon Limited
Chartered Certified Accountants
Innovation Centre
Stannard Way
Priory Business Park
Bedford
MK44 3RZ
13 October 2016
Pocket App Ltd
trading as Pocket App Limited
(Registration number: 07432479)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
|
2015
|
|||||||
Fixed assets |
|||||||||
Intangible fixed assets |
|
|
|||||||
Tangible fixed assets |
|
|
|||||||
Investments |
|
|
|||||||
|
|
||||||||
Current assets |
|||||||||
Stocks |
|
- |
|||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current assets |
|
|
|||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: Amounts falling due after more than one year |
( |
( |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Share premium account |
|
|
|||||||
Profit and loss account |
( |
|
|||||||
Shareholders' funds |
|
|
Approved by the Board on
2
Pocket App Ltd
trading as Pocket App Limited
(Registration number: 07432479)
Abbreviated Balance Sheet at 31 March 2016
......... continued
.........................................
A W Hull
Director
.........................................
P S Swaddle
Director
3
Pocket App Ltd
trading as Pocket App Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Development costs |
|
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Fixtures and fittings |
|
Office equipment |
|
Research and development
Fixed asset investments
Work in progress
Pocket App Ltd
trading as Pocket App Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Deferred tax
Foreign currency
Financial instruments
Fixed assets |
Intangible assets
|
Tangible assets
|
Investments
|
Total
|
|||||||||
Cost |
||||||||||||
At 1 April 2015 |
265,092 |
24,368 |
70,109 |
359,569 |
||||||||
Additions |
86,662 |
16,763 |
- |
103,425 |
||||||||
At 31 March 2016 |
351,754 |
41,131 |
70,109 |
462,994 |
||||||||
Depreciation |
||||||||||||
At 1 April 2015 |
2,987 |
20,698 |
- |
23,685 |
||||||||
Charge for the year |
4,630 |
3,074 |
- |
7,704 |
||||||||
At 31 March 2016 |
7,617 |
23,772 |
- |
31,389 |
||||||||
Net book value |
||||||||||||
At 31 March 2016 |
|
|
|
|
||||||||
At 31 March 2015 |
|
|
|
|
Pocket App Ltd
trading as Pocket App Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
|
Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
||||
|
India |
Ordinary |
|
|
The profit for the financial period of Pocket AppSoftware PVT Ltd was £35,527 and the aggregate amount of capital and reserves at the end of the period was £94,161.
Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
|
2015
|
|||||
Amounts falling due within one year |
45,833 |
25,000 |
||||
Amounts falling due after more than one year |
80,729 |
45,833 |
||||
Total secured creditors |
126,562 |
70,833 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
New shares allotted
During the
year
|