Hyper_Luminal_Games_Ltd - Accounts

HYPER LUMINAL GAMES LTD - Company Information

Print Friendly Version

Company Registration No. SC479048 (Scotland)

Hyper Luminal Games Ltd

Abbreviated financial statements

for the year ended 30 June 2016

Hyper Luminal Games Ltd

Contents

Page

Abbreviated balance sheet

Notes to the abbreviated financial statements

2 - 3

Hyper Luminal Games Ltd

Abbreviated balance sheet

as at 30 June 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

6,195

2,318

Current assets

Debtors

6,300

1,081

Cash at bank and in hand

23,692

8,796

29,992

9,877

Creditors: amounts falling due within one year

(17,269)

(11,835)

Net current assets/(liabilities)

12,723

(1,958)

Total assets less current liabilities

18,918

360

Capital and reserves

Called up share capital

Profit and loss account

18,914

356

Shareholders' funds

18,918

360

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 6 February 2017

S Martin

Director

Company Registration No. SC479048

Hyper Luminal Games Ltd

Notes to the abbreviated financial statements

for the year ended 30 June 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

2-3 years straight line

Fixed assets

Tangible assets

Cost

At 1 July 2015

3,700

Additions

7,126

Disposals

(450)

At 30 June 2016

10,376

Depreciation

At 1 July 2015

1,382

On disposals

(225)

Charge for the year

3,024

At 30 June 2016

4,181

Net book value

At 30 June 2016

6,195

At 30 June 2015

2,318

Hyper Luminal Games Ltd

Notes to the abbreviated financial statements (continued)

for the year ended 30 June 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

4 Ordinary shares of £1 each