Cheap Chat Limited - Abbreviated accounts 16.3
Cheap Chat Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
CHEAP CHAT LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2016 |
CHEAP CHAT LIMITED (REGISTERED NUMBER: 08854680) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 JANUARY 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
CHEAP CHAT LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 JANUARY 2016 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
CHEAP CHAT LIMITED (REGISTERED NUMBER: 08854680) |
ABBREVIATED BALANCE SHEET |
31 JANUARY 2016 |
2016 | 2015 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 3 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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. |
The financial statements were approved by the director on |
CHEAP CHAT LIMITED (REGISTERED NUMBER: 08854680) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 JANUARY 2016 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
During the second period of trade the company made a loss and had net liabilities of £28,697. The company is |
reliant upon the continued support of it's finance facility provider and in this respect the facility has been |
renewed after the year end. The company is hoping to increase it's operating revenue with a view to reducing the |
profit and loss deficit in the current year. As such the director believes the going concern policy is appropriate. |
No adjustments have been made should the policy be inappropriate. |
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). |
Revenue |
Revenue comprises the aggregate of the fair value of the sale of services provided, net of value-added tax. |
Revenue is recognised as those services that are provided to customers. |
Tangible fixed assets |
Fixtures and fittings | - |
Deferred tax |
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the |
balance sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 February 2015 |
and 31 January 2016 |
DEPRECIATION |
At 1 February 2015 |
Charge for year |
At 31 January 2016 |
NET BOOK VALUE |
At 31 January 2016 |
At 31 January 2015 |
3. | CREDITORS |
Creditors include an amount of £ |
CHEAP CHAT LIMITED (REGISTERED NUMBER: 08854680) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 31 JANUARY 2016 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the year ended 31 January 2016 and the period |
ended 31 January 2015: |
2016 | 2015 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year | ( |
) |
The advance is unsecured, interest free and repayable on demand. The maximum overdrawn balance in the |
period was £11,546. |
The amount outstanding was repaid in full in April 2015. |