Company Registration No. 08657152 (England and Wales)
Joypad Limited
Unaudited accounts
for the year ended 31 August 2022
Joypad Limited
Unaudited accounts
Contents
Joypad Limited
Company Information
for the year ended 31 August 2022
Company Number
08657152 (England and Wales)
Registered Office
3 Harvest Way
Elmstead
Colchester
Essex
CO7 7YD
United Kingdom
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
Joypad Limited
Statement of financial position
as at 31 August 2022
Intangible assets
1,237
1,547
Tangible assets
13,249
16,454
Cash at bank and in hand
4,978
8,103
Creditors: amounts falling due within one year
(16,183)
(10,735)
Net current (liabilities)/assets
(3,968)
962
Total assets less current liabilities
10,518
18,963
Provisions for liabilities
Deferred tax
(1,136)
(3,653)
Called up share capital
100
100
Profit and loss account
9,282
15,210
Shareholders' funds
9,382
15,310
For the year ending 31 August 2022 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.
The financial statements were approved by the Board and authorised for issue on 22 November 2023 and were signed on its behalf by
G Swain
Director
Company Registration No. 08657152
Joypad Limited
Notes to the Accounts
for the year ended 31 August 2022
Joypad Limited is a private company, limited by shares, registered in England and Wales, registration number 08657152. The registered office is 3 Harvest Way, Elmstead, Colchester, Essex, CO7 7YD, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Motor vehicles
25% reducing balance basis
Computer equipment
20% reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Trademark are being amortised evenly over their estimated useful life of ten years.
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Intangible fixed assets
Other
Joypad Limited
Notes to the Accounts
for the year ended 31 August 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
43,037
10,994
4,420
58,451
At 31 August 2022
43,231
10,994
4,420
58,645
At 1 September 2021
30,253
9,607
2,137
41,997
Charge for the year
2,596
347
456
3,399
At 31 August 2022
32,849
9,954
2,593
45,396
At 31 August 2022
10,382
1,040
1,827
13,249
At 31 August 2021
12,784
1,387
2,283
16,454
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
5,175
3,359
Taxes and social security
6,205
4,305
Loans from directors
-
110
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).