Dogfish Mobile Limited - Abbreviated accounts 16.1
Dogfish Mobile Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 29 February 2016 |
| for |
| Dogfish Mobile Limited |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 29 February 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Dogfish Mobile Limited |
| Company Information |
| for the Year Ended 29 February 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Abbreviated Balance Sheet |
| 29 February 2016 |
| 29.2.16 | 28.2.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Abbreviated Balance Sheet - continued |
| 29 February 2016 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 29 February 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Dogfish Mobile Limited as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken |
| the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial |
| statements. |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company |
| qualifies as a small company. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of |
| service contracts where turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 29 February 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2015 |
| Additions |
| Disposals | ( |
) |
| At 29 February 2016 |
| DEPRECIATION |
| At 1 March 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 29 February 2016 |
| NET BOOK VALUE |
| At 29 February 2016 |
| At 28 February 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 March 2015 | 1,803 |
| Additions | 1,077 |
| At 29 February 2016 | 2,880 |
| NET BOOK VALUE |
| At 29 February 2016 |
| At 28 February 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 29 February 2016 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 9,859 | 1,008 |
| Profit/(loss) for the year/period | 8,851 | (72 | ) |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 29.2.16 | 28.2.15 |
| value: | £ | £ |
| NIL | A ordinary shares £1.00 | £1 |
| NIL | B ordinary shares £1.00 | £1 |
| A ordinary shares £0.01 | 1p |
| B ordinary shares £0.01 | 1p |
| C ordinary £0.01 | 1p |
| 500 | D ordinary £0.01 | 1p | 5 | - |
| 20 | 20 |
| On 24 April 2015 each A ordinary £1.00 share was subdivided into 100 A ordinary £0.01 shares. |
| On 24 April 2015 each B ordinary £1.00 share was subdivided into 100 B ordinary £0.01 shares. |
| On 17 May 2015 500 A ordinary £0.01 shares were reclassified as C ordinary £0.01 shares. |
| On 17 May 2015 500 B ordinary £0.01 shares were reclassified as D ordinary £0.01 shares. |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 29 February 2016 |
| and 28 February 2015: |
| 29.2.16 | 28.2.15 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Dogfish Mobile Limited (Registered number: SC394416) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 29 February 2016 |
| 6. | SHARE OPTIONS |
| On 21 September 2015 the company granted options to employees to acquire 400 E ordinary £0.01 |
| shares at an issue price of £1,250 per share at any time up to 10 years from the date of grant. |