The Fun Factory (NI) Limited - Period Ending 2015-05-31
The Fun Factory (NI) Limited - Period Ending 2015-05-31
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
The Fun Factory (NI) Limited
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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 4) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Fun Factory (NI) Limited
for the Year Ended 31 May 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Fun Factory (NI) Limited for the year ended 31 May 2015 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of The Fun Factory (NI) Limited, as a body, in accordance with the terms of our engagement letterdated 6 April 2013. Our work has been undertaken solely to prepare for your approval the accounts of The Fun Factory (NI) Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Fun Factory (NI) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Fun Factory (NI) Limited 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 The Fun Factory (NI) Limited. You consider that The Fun Factory (NI) Limited 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 The Fun Factory (NI) Limited. 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.
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J A Mc Clements & Co
Financial Accountants
Unit 22a Pennybridge Industrial Estate
Ballymena
Antrim
Antrim
BT44 3HB
20 February 2016
The Fun Factory (NI) Limited
(Registration number: NI607484)
Abbreviated Balance Sheet at 31 May 2015
Note |
2015
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2014
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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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Provisions for liabilities |
( |
( |
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Net (liabilities)/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' (deficit)/funds |
( |
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Approved by the director on
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Mrs Carolyn Carmichael
Director
2
The Fun Factory (NI) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected usefull life as follows:
Asset class |
Depreciation method and rate |
Land & Buildings |
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Plant & Machinery |
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Fixtures & Fittings & Equipment |
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Deferred tax
Hire purchase and leasing
Financial instruments
The Fun Factory (NI) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 June 2014 |
217,252 |
217,252 |
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Additions |
458 |
458 |
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At 31 May 2015 |
217,710 |
217,710 |
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Depreciation |
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At 1 June 2014 |
32,862 |
32,862 |
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Charge for the year |
11,723 |
11,723 |
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At 31 May 2015 |
44,585 |
44,585 |
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Net book value |
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At 31 May 2015 |
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At 31 May 2014 |
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Debtors |
Debtors includes £nil (2014 - £nil) receivable after more than one year.
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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