Abbreviated Company Accounts - PROTOTYPE PRODUCTIONS LIMITED

PROTOTYPE PRODUCTIONS LIMITED - Company Information

03496097 PROTOTYPE PRODUCTIONS LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 03496097 2013-05-01 2014-04-30 03496097 2014-04-30 03496097 2013-04-30 03496097 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 03496097 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 03496097

PROTOTYPE PRODUCTIONS LIMITED

Abbreviated Accounts

30 April 2014

PROTOTYPE PRODUCTIONS LIMITED Registered Number 03496097

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	3,600	4,320
Tangible assets	3	47,657	62,126
		51,257	66,446
Current assets
Stocks		1,038	1,038
Debtors		93,796	95,950
Cash at bank and in hand		109,871	65,190
		204,705	162,178
Creditors: amounts falling due within one year		(79,923)	(74,594)
Net current assets (liabilities)		124,782	87,584
Total assets less current liabilities		176,039	154,030
Provisions for liabilities		(1,693)	(3,217)
Total net assets (liabilities)		174,346	150,813
Capital and reserves
Called up share capital	4	50	50
Profit and loss account		174,296	150,763
Shareholders' funds		174,346	150,813

For the year ending 30 April 2014 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 23 January 2015

And signed on their behalf by:
Mr T Osborne, Director

PROTOTYPE PRODUCTIONS LIMITED Registered Number 03496097

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% Reducing Balance
Computer equipment 25% Reducing Balance
Fixtures, fittings & equipment 25% Reducing Balance
Motor vehicles 25% Straight Line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

2Intangible fixed assets

	£
Cost
At 1 May 2013	14,400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	14,400
Amortisation
At 1 May 2013	10,080
Charge for the year	720
On disposals	-
At 30 April 2014	10,800
Net book values
At 30 April 2014	3,600
At 30 April 2013	4,320

3Tangible fixed assets

	£
Cost
At 1 May 2013	84,622
Additions	1,865
Disposals	(108)
Revaluations	-
Transfers	-
At 30 April 2014	86,379
Depreciation
At 1 May 2013	22,496
Charge for the year	16,226
On disposals	-
At 30 April 2014	38,722
Net book values
At 30 April 2014	47,657
At 30 April 2013	62,126

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
50 Ordinary shares of £1 each	50	50