Company Registration No. 07671967 (England and Wales)
GOLDHAWK INTERACTIVE LIMITED
Unaudited accounts
for the year ended 31 March 2018
GOLDHAWK INTERACTIVE LIMITED
Unaudited accounts
Contents
GOLDHAWK INTERACTIVE LIMITED
Company Information
for the year ended 31 March 2018
Director
Mr. Christopher Timothy Baker
Company Number
07671967 (England and Wales)
Registered Office
14-22 ELDER STREET
LONDON
E1 6BT
UNITED KINGDOM
Accountants
Accounts and Legal Consultants Limited
Grand Union House
20 Kentish Town Road
London
NW1 9NX
GOLDHAWK INTERACTIVE LIMITED
Statement of financial position
as at 31 March 2018
Tangible assets
4,489
4,399
Cash at bank and in hand
122,215
183,622
Creditors: amounts falling due within one year
(9,706)
(4,199)
Net current assets
217,731
208,921
Total assets less current liabilities
222,220
213,320
Provisions for liabilities
Net assets
221,367
212,440
Called up share capital
1
1
Profit and loss account
221,366
212,439
Shareholders' funds
221,367
212,440
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 November 2018.
Mr. Christopher Timothy Baker
Director
Company Registration No. 07671967
GOLDHAWK INTERACTIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2018
GOLDHAWK INTERACTIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07671967. The registered office is 14-22 ELDER STREET, LONDON, E1 6BT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
GOLDHAWK INTERACTIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2017
-
11,344
11,344
At 31 March 2018
208
12,722
12,930
At 1 April 2017
-
6,945
6,945
Charge for the year
52
1,444
1,496
At 31 March 2018
52
8,389
8,441
At 31 March 2018
156
4,333
4,489
At 31 March 2017
-
4,399
4,399
Other debtors
105,222
29,498
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
1,389
3,949
Loans from directors
8,317
250
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Mr. Christopher Timothy Baker, the sole director of the company, controlled the company by virtue of controlling interest ( direct or indirect ) of 100% of the share capital.
9
Average number of employees
During the year the average number of employees was 1 (2017: 2).