Caseware UK (AP4) 2016.0.181 2016.0.181 2017-03-31 2017-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. true true Other Publishing activities false 2016-03-29 10086567 2016-03-28 10086567 2016-03-29 2017-03-31 10086567 2017-03-31 10086567 c:Director2 2016-03-29 2017-03-31 10086567 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 10086567 d:ShareCapital 2016-03-29 2017-03-31 10086567 d:ShareCapital 2017-03-31 10086567 d:RetainedEarningsAccumulatedLosses 2016-03-29 2017-03-31 10086567 d:RetainedEarningsAccumulatedLosses 2017-03-31 10086567 c:FRS102 2016-03-29 2017-03-31 10086567 c:AuditExempt-NoAccountantsReport 2016-03-29 2017-03-31 10086567 c:FullAccounts 2016-03-29 2017-03-31 10086567 c:PrivateLimitedCompanyLtd 2016-03-29 2017-03-31 iso4217:GBP

Registered number:  10086567









SLIPPEDISC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2017

 
SLIPPEDISC LIMITED
REGISTERED NUMBER:  10086567

STATEMENT OF FINANCIAL POSITION
AS AT  31 MARCH 2017

2017
Note
£
   

Current assets
   

Cash at bank and in hand
   
36,138

   
36,138

Creditors: amounts falling due within one year
   
(15,552 )

Net current assets
   
 
 
20,586

Total assets less current liabilities
   
20,586

   

Net assets
   
20,586

Capital and reserves
   

Called up share capital 
   
100

Profit and loss account
   
20,486

   
20,586


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The  financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on  6 December 2017 .



N Lebrecht
Director
The notes on pages 3 to 5 form part of these financial statements.

Page 1

 
SLIPPEDISC LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED  31 MARCH 2017


Called up share capital
Profit and loss account
Total equity

£
£
£



Profit for the period
-
20,486
20,486
100
-
100


At 31 March 2017
100
20,486
20,586

Page 2

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2017

General information

Slippedisc Limited is a private Company limited by shares and incorporated in England. The registered office is 64 New Cavendish Street, London,United Kingdom, W1G 8TB. 
The principal activity of the Company during the period was that of publishing.

2. Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of  Financial Reporting Standard 102, the Financial Reporting Standard applicable in  the UK and the Republic of Ireland and the Companies Act 2006 .

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2017

2. Accounting policies (continued)

2.5

Taxation

Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2017
£

Cash at bank and in hand
36,138

36,138


2017
£

Trade creditors
5,260

Corporation tax
5,122

Other taxation and social security
1,895

Other creditors
2,000

Accruals and deferred income
1,275

15,552


At the year end, included within creditors was £2,000 due to Lebrecht Limited, a company under common control.

There is no ultimate controlling party. 

Page 4

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2017
 
Page 5