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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Period 5 January 2016 to 30 April 2017 |
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for |
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The Cheeky Panda Limited |
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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Period 5 January 2016 to 30 April 2017 |
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for |
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The Cheeky Panda Limited |
The Cheeky Panda Limited (Registered number: 09936357) |
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Contents of the Financial Statements |
for the period 5 January 2016 to 30 April 2017 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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The Cheeky Panda Limited |
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Company Information |
for the period 5 January 2016 to 30 April 2017 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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The Cheeky Panda Limited (Registered number: 09936357) |
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Balance Sheet |
30 April 2017 |
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Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
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CURRENT ASSETS |
Stocks |
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Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Share premium |
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Retained earnings | ( |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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The Cheeky Panda Limited (Registered number: 09936357) |
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Notes to the Financial Statements |
for the period 5 January 2016 to 30 April 2017 |
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1. | STATUTORY INFORMATION |
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The Cheeky Panda Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Intangible assets |
Intangible assets represent trademarks which are held at cost and are assessed annually for impairment. |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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Share capital |
Ordinary shares are classed as equity. |
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Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising |
from impairment are recognised in the profit and loss account. |
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Cash and cash equivalents |
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are |
shown within borrowings in current liabilities. |
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Loans and borrowings |
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, |
they are measured at amortised cost using the effective interest rate method, less impairment. |
The Cheeky Panda Limited (Registered number: 09936357) |
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Notes to the Financial Statements - continued |
for the period 5 January 2016 to 30 April 2017 |
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3. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
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At 30 April 2017 |
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NET BOOK VALUE |
At 30 April 2017 |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
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Other debtors |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
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Other creditors |
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6. | SECURED DEBTS |
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The loan in other loans is secured against the assets of the company. |
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7. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
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Ordinary | 1p | 11 |
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On Incorporation 100 shares with a nominal value of 1p were issued at par. |
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On the 31 January 2016 780 shares with a nominal value of 1p were also issued at par. |
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On the 29 March 2016 120 shares with a nominal value of 1p were issued at a premium of £874.99 per share. |
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On the 3 November 2016 45 shares with a nominal value of 1p were issued at par. |
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On the 4 November 2016 55 shares with a nominal value of 1p were issued at a premium of £1,818.17 per share. |
The Cheeky Panda Limited (Registered number: 09936357) |
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Notes to the Financial Statements - continued |
for the period 5 January 2016 to 30 April 2017 |
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8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the period ended 30 April 2017: |
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£ |
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Balance outstanding at start of period |
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Amounts advanced |
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Amounts repaid |
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Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
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Amounts outstanding at the year end accrue no interest and are repayable on demand. |
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9. | RELATED PARTY DISCLOSURES |
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During the year, a loan of £50,000 was received from an investor on which interest is charged at 1%. |