ORBIT_FILMS_LIMITED - Accounts
ORBIT_FILMS_LIMITED - Accounts
Company Registration No. 00610232 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Creditors: amounts falling due within one year
(5,679 )
(5,000 )
Total assets less current liabilities
(5,679 )
(5,000 )
Creditors: amounts falling due after more than one year
(28,454 )
(28,454 )
(34,133 )
(33,454 )
Capital and reserves
Called up share capital
2
Profit and loss account
(34,233 )
(33,554 )
Shareholders' funds
(34,133 )
(33,454 )
Director's responsibilities:
-
-
Approved by the Board and authorised for issue on 13 August 2014
Director
Company Registration No. 00610232
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
1
Accounting policies
1.1
Accounting convention
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cashflow statement on the grounds that it is a small company.
1.2
Compliance with accounting standards
The accounts have been prepared in accordance with applicable accounting standards.
1.3
Deferred taxation
Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.
2
Share capital
2014
2013
£
£
Allotted, called up and fully paid