Abbreviated Company Accounts - ADULT CORPORATE ENTERTAINMENT LIMITED

ADULT CORPORATE ENTERTAINMENT LIMITED - Company Information

05907121 ADULT CORPORATE ENTERTAINMENT LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05907121 2015-04-01 2016-03-31 05907121 2016-03-31 05907121 2015-03-31 05907121 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05907121 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05907121

ADULT CORPORATE ENTERTAINMENT LIMITED

Abbreviated Accounts

31 March 2016

ADULT CORPORATE ENTERTAINMENT LIMITED Registered Number 05907121

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	2,400	4,800
Tangible assets	3	-	95
		2,400	4,895
Current assets
Debtors		6,781	8,049
Cash at bank and in hand		14,820	22,495
		21,601	30,544
Creditors: amounts falling due within one year		(13,742)	(8,315)
Net current assets (liabilities)		7,859	22,229
Total assets less current liabilities		10,259	27,124
Total net assets (liabilities)		10,259	27,124
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		10,258	27,123
Shareholders' funds		10,259	27,124

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 September 2016

And signed on their behalf by:
R R Kenny, Director

ADULT CORPORATE ENTERTAINMENT LIMITED Registered Number 05907121

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the amount of rent received during the year.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings 15% straight line
Computer equipment 33% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Intangible fixed assets

	£
Cost
At 1 April 2015	26,051
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	26,051
Amortisation
At 1 April 2015	21,251
Charge for the year	2,400
On disposals	-
At 31 March 2016	23,651
Net book values
At 31 March 2016	2,400
At 31 March 2015	4,800

3Tangible fixed assets

	£
Cost
At 1 April 2015	42,925
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	42,925
Depreciation
At 1 April 2015	42,830
Charge for the year	95
On disposals	-
At 31 March 2016	42,925
Net book values
At 31 March 2016	0
At 31 March 2015	95

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1