Accounts filed on 31-05-2018

Accounts filed on 31-05-2018

COUNTERPOINT PRODUCTIONS LTD - Company Information

Print Friendly Version

06232937falseMusic Industry2017-06-012018-05-31http://www.companieshouse.gov.uk/2017-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2017-05-31http://www.companieshouse.gov.uk/cd:Director12017-06-012018-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2018-05-31http://www.companieshouse.gov.uk/cd:Director22017-06-012018-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12017-06-012018-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2017-06-012018-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2017-06-012018-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2018-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2017-05-31http://www.companieshouse.gov.uk/2017-06-012018-05-31http://www.companieshouse.gov.uk/2017-05-31http://www.companieshouse.gov.uk/cd:FRS1022017-06-012018-05-31http://www.companieshouse.gov.uk/2018-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2017-06-012018-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2017-06-012018-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06232937
Counterpoint Productions Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/05/2018
Prepared By:
McEwen & Co Limited
Forum House
Stirling Road
Chichester
West Sussex
PO19 7DN
Counterpoint Productions Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/05/2018
DIRECTORS
Dr S J X Baysted
Mrs S C Legg
REGISTERED OFFICE
Forum House
Stirling Road
Chichester
West Sussex
PO19 7DN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06232937
ACCOUNTANTS
McEwen & Co Limited
Forum House
Stirling Road
Chichester
West Sussex
PO19 7DN
Counterpoint Productions Ltd
ACCOUNTS
FOR THEYEARENDED31/05/2018
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Counterpoint Productions Ltd
BALANCE SHEET AT 31/05/2018
20182017
Notes££
FIXED ASSETS
Tangible assets233,59528,036
CURRENT ASSETS
Debtors31,1214,197
Cash at bank and in hand4,7322,957
5,8537,154
CREDITORS: Amounts falling due within one year48,1707,548
NET CURRENT LIABILITIES(2,317)(394)
TOTAL ASSETS LESS CURRENT LIABILITIES31,27827,642
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account31,17827,542
SHAREHOLDERS' FUNDS31,27827,642
For the year ending 31/05/2018 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/02/2019 and signed on their behalf by
.............................
Dr S J X Baysted
Director
Counterpoint Productions Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2018
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%%
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
2. TANGIBLE FIXED ASSETS
Freehold propertyPlant andFixtures
Machineryand FittingsEquipmentTotal
£££££
Cost
At 01/06/20179,42036,7097,67621,74375,548
Additions3,0339,82140229213,548
At 31/05/201812,45346,5308,07822,03589,096
Depreciation
At 01/06/20171,50723,6306,52115,85447,512
For the year2495,6143891,7377,989
At 31/05/20181,75629,2446,91017,59155,501
Net Book Amounts
At 31/05/201810,69717,2861,1684,44433,595
At 31/05/20177,91313,0791,1555,88928,036
The net book value of office equipments includes £2,017.69 in respect of assets held under Hire Purchase contracts purchased during the year. The amount of depreciation in respect of such assets amounted to £672.56 for the year.
Counterpoint Productions Ltd
3. DEBTORS 20182017
££
Amounts falling due within one year
Prepayments635300
Directors current account4863,897
1,1214,197
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20182017
££
UK corporation tax7,5485,231
VAT5861,321
Hire purchase-996
Trade creditors36-
8,1707,548
5. EMPLOYEES
20182017
No.No.
Average number of employees--
6. SHARE CAPITAL 20182017
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
At the end of the period, the company was indebted by Miss S Legg and Mr S Baysted in the sum of £246 (2017 : £3,897).