REGISTERED NUMBER: 06398857 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 October 2014

for

What Goes On Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Walker

REGISTERED OFFICE:

Ground Floor

19 New Road

Brighton

BN1 1UF

BUSINESS ADDRESS:

9 Marriot Street

Withington

Manchester

M20 1BN

REGISTERED NUMBER:

06398857 (England and Wales)

ACCOUNTANTS:

Lucraft Hodgson & Dawes LLP

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

FIXED ASSETS

Tangible assets

2

782

1,043

CURRENT ASSETS

Debtors

-

44,441

Cash at bank and in hand

5,685

17,699

5,685

62,140

CREDITORS

Amounts falling due within one year

1,042

20,373

NET CURRENT ASSETS

4,643

41,767

TOTAL ASSETS LESS CURRENT LIABILITIES

5,425

42,810

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

5,421

42,806

SHAREHOLDERS' FUNDS

5,425

42,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 28 May 2015 and were signed by:

S Walker - Director

1.	ACCOUNTING POLICIES

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 April 2008).

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.

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of

income and expenditure in taxation computations in periods different from those in which they are included in the

financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be

recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can

be deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

2,080

DEPRECIATION

At 1 November 2013

1,037

Charge for year

261

At 31 October 2014

1,298

NET BOOK VALUE

At 31 October 2014

782

At 31 October 2013

1,043

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

4

Ordinary

£1

4

4

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Walker.