Kingston Playball Limited
|
For the year ended 31 October 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08255898
Kingston Playball Limited
For the year ended 31 October 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Kingston Playball Limited
Accountants' Report
For the year ended 31 October 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
|
ended
31
October
2016
and you consider that the company is exempt from an audit under the Companies Act
|
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Cobalt Accountancy Ltd
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
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Abbreviated Balance Sheet
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Kingston Playball Limited
2016
2015
3
151
145
151
145
1,193
-
10,637
4,522
10,637
5,715
Creditors
:
amounts falling due within one year
|
(6,227)
(3,485)
(512)
7,152
Net current assets
Total assets less current liabilities
|
7,303
(367)
7,303
Net assets/liabilities
(367)
2
4
2
7,301
(369)
7,303
(367)
Shareholders funds
For the year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
|
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
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Date approved by the board: 20 June 2017
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Signed on behalf of the board of directors
|
2 of 4
Notes to the Abbreviated Financial Statements
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Kingston Playball Limited
For the year ended 31 October 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
|
Acquired goodwill is stated at cost less amortisation
.
Amortisation is calculated on a straight line basis over the
|
estimated expected useful economic life of the goodwill of
3
years
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Office Equipment
3 of 4
Notes to the Abbreviated Financial Statements
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Kingston Playball Limited
For the year ended 31 October 2016
2
Intangible fixed assets
|
24,000
24,000
24,000
24,000
-
-
580
186
766
435
180
Charge for year
615
151
145
Allotted called up and fully paid
|
2016
2015
2
Ordinary shares of £
1
.
00
each
|
2
2
2
2
4 of 4