Thirst Event Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07234038 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Thirst Event Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Brooke

D S Brooke

REGISTERED OFFICE:

3 Landmark House

Wirral Park Road

Glastonbury

Somerset

BA6 9FR

REGISTERED NUMBER:

07234038 (England and Wales)

ACCOUNTANTS:

Monahans

Chartered Accountants

3 Landmark House

Wirral Park Road

Glastonbury

Somerset

BA6 9FR

FIXED ASSETS

Tangible assets

2

68,081

72,683

CURRENT ASSETS

Debtors

5,163

58,319

Cash at bank

117,864

50,745

123,027

109,064

CREDITORS

Amounts falling due within one year

128,199

140,071

NET CURRENT LIABILITIES

(5,172

)

(31,007

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

62,909

41,676

PROVISIONS FOR LIABILITIES

3,681

4,601

NET ASSETS

59,228

37,075

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

59,226

37,073

SHAREHOLDERS' FUNDS

59,228

37,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 January 2017 and were signed on its behalf by:

D S Brooke - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts are prepared on a going concern basis. At the year end the company had net current liabilities as

shown on the balance sheet. The company relies on the directors and family members to meet the cost of long

term assets. The company trades profitably, and the directors and family members are expected to continue to

support the company in the foreseeable future.

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

94,555

DEPRECIATION

At 1 May 2015

21,872

Charge for year

4,602

At 30 April 2016

26,474

NET BOOK VALUE

At 30 April 2016

68,081

At 30 April 2015

72,683

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2