Registration number:
for the Period from
Propnology Limited
Contents
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Registration number:
Propnology Limited
Balance Sheet as at 31 December 2015
Note |
31 December 2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
O Angel
Director
P Lamm
Director
1
Propnology Limited
Notes to the Abbreviated Accounts for the Period from 14 July 2014 to 31 December 2015
......... continued
Accounting policies |
Basis of preparation
Intangible Assets
Website development costs - This comprises of capitalised costs incurred in the development of the company website. The anticipated useful life of the costs capitalised is five years from the date of final development (31st December 2015).
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 |
Office equipment |
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Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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Additions |
55,158 |
6,465 |
61,623 |
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At 31 December 2015 |
55,158 |
6,465 |
61,623 |
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Depreciation |
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Charge for the period |
- |
1,966 |
1,966 |
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At 31 December 2015 |
- |
1,966 |
1,966 |
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Net book value |
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At 31 December 2015 |
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Share capital |
Allotted, called up and fully paid shares
31 December 2015 |
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No. |
£ |
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New shares allotted
During the period
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