Bad Cuckoo Limited - Period Ending 2016-07-31

Registration number: 09137799

Bad Cuckoo Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Bad Cuckoo Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

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
Bad Cuckoo Limited
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bad Cuckoo Limited for the year ended 31 July 2016 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 Bad Cuckoo Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bad Cuckoo 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 Bad Cuckoo Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bad Cuckoo 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 profit of Bad Cuckoo Limited. You consider that Bad Cuckoo 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 Bad Cuckoo 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.

......................................

Lewis & Co Chartered Accountants
75 Kenton Street
London
WC1N 1NN

12 August 2016

Page 1

Bad Cuckoo Limited
(Registration number: 09137799)
Abbreviated Balance Sheet at 31 July 2016

		Note			31 July 2016 £			31 July 2015 £
Fixed assets
Tangible fixed assets					351			527
Current assets
Cash at bank and in hand					26,422			13,590
Creditors: Amounts falling due within one year					(16,672)			(13,595)
Net current assets/(liabilities)					9,750			(5)
Net assets					10,101			522
Capital and reserves
Called up share capital		4			1			1
Profit and loss account					10,100			521
Shareholders' funds					10,101			522

For the year ending 31 July 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 director acknowledges his 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 director on 12 August 2016

.........................................
J-P Smith
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Bad Cuckoo Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Computer equipment	25% on cost

VAT accounting

The company is registered under the flat rate scheme for VAT. Turnover is recorded net of VAT in the Financial Statements and purchases are recorded gross of VAT. The VAT recoverable in respect of expenses is shown separately in the Trading Profit and Loss account.

3	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		703			703
At 31 July 2016		703			703
Depreciation
At 1 August 2015		176			176
Charge for the year		176			176
At 31 July 2016		352			352
Net book value
At 31 July 2016		351			351
At 31 July 2015		527			527

Page 3

Bad Cuckoo Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

4	Share capital

Allotted, called up and fully paid shares

	31 July 2016						31 July 2015
		No.			£			No.			£
Ordinary Share Capital of £1 each		1			1			1			1

Page 4