Cherry Apps Ltd - Period Ending 2015-10-31

Registration number: 08262107

Cherry Apps Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2015
 

CSH Consulting
Chartered Certified Accountant
13 Forest Glade
Kettering
Northamptonshire
NN16 9SP

Cherry Apps Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Cherry Apps Ltd
(Registration number: 08262107)
Abbreviated Balance Sheet at 31 October 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					857			2,113
Current assets
Debtors					25,000			3,750
Cash at bank and in hand					3,412			8,949
					28,412			12,699
Creditors: Amounts falling due within one year					(28,993)			(14,212)
Net current liabilities					(581)			(1,513)
Total assets less current liabilities					276			600
Provisions for liabilities					(171)			(423)
Net assets					105			177
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					5			77
Shareholders' funds					105			177

For the year ending 31 October 2015 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 16 May 2016 and signed on its behalf by:

.........................................
Mr D Lowrie
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Cherry Apps Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... 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 April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2014		4,468			4,468
Additions		349			349
At 31 October 2015		4,817			4,817
Depreciation
At 1 November 2014		2,355			2,355
Charge for the year		1,605			1,605
At 31 October 2015		3,960			3,960
Net book value
At 31 October 2015		857			857
At 31 October 2014		2,113			2,113

Page 2

Cherry Apps Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3