Compare Discount Holidays Limited
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Registered number: |
08646918
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Abbreviated Balance Sheet |
as at 31 August 2015
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|
Notes |
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|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
124,490 |
|
|
147,050 |
|
Current assets |
Debtors |
|
|
6,548 |
|
|
23,829 |
Cash at bank and in hand |
|
|
1,317 |
|
|
4,634 |
|
|
|
7,865 |
|
|
28,463 |
|
Creditors: amounts falling due within one year |
|
|
(750) |
|
|
(29,141) |
|
Net current assets/(liabilities) |
|
|
|
7,115 |
|
|
(678) |
|
Total assets less current liabilities |
|
|
|
131,605 |
|
|
146,372 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(334,468) |
|
|
(292,409) |
|
|
|
Net liabilities |
|
|
|
(202,863) |
|
|
(146,037) |
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|
|
|
|
|
|
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Capital and reserves |
Called up share capital |
3 |
|
|
60 |
|
|
60 |
Profit and loss account |
|
|
|
(202,923) |
|
|
(146,097) |
|
Shareholders' funds |
|
|
|
(202,863) |
|
|
(146,037) |
|
|
|
|
|
|
|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
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|
Mr J Psarias |
Director |
Approved by the board on 23 May 2016
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|
Compare Discount Holidays Limited
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Notes to the Abbreviated Accounts |
for the year ended 31 August 2015
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|
1 |
Accounting policies |
|
|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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|
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Turnover |
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Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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Going concern |
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The company is supported by long term shareholder loans, with no fixed repayment term and will only be repaid at a time when liquidity and profitability allow. |
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|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
168,300 |
|
Additions |
13,875 |
|
At 31 August 2015 |
182,175 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2014 |
21,250 |
|
At 31 August 2015 |
57,685 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
124,490 |
|
At 31 August 2014 |
147,050 |
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|
|
|
|
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3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
60 |
|
60 |
|
60 |
|
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