Sanctuary Management Productions Limited - Accounts to registrar (filleted) - small 18.2

Sanctuary Management Productions Limited - Accounts to registrar (filleted) - small 18.2

SANCTUARY MANAGEMENT PRODUCTIONS LIMITED - Company Information

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REGISTERED NUMBER: 01588892 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2018

for

Sanctuary Management Productions Limited
Sanctuary Management Productions Limited (Registered number: 01588892)






Contents of the Financial Statements
for the Year Ended 30 September 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sanctuary Management Productions Limited

Company Information
for the Year Ended 30 September 2018







DIRECTORS: R C Smallwood
A J Taylor





SECRETARY: S H Pennington





REGISTERED OFFICE: Bridle House
36 Bridle Lane
London
W1F 9BZ





REGISTERED NUMBER: 01588892 (England and Wales)





Page 1
Sanctuary Management Productions Limited (Registered number: 01588892)

Balance Sheet
30 September 2018

30.9.18 30.9.17
Notes £    £    £    £   
FIXED ASSETS
Investments 3 59,367 59,367

CURRENT ASSETS
Debtors 4 871,252 754,970
Cash at bank 48,004 83,302
919,256 838,272
CREDITORS
Amounts falling due within one year 5 55,674 109,840
NET CURRENT ASSETS 863,582 728,432
TOTAL ASSETS LESS CURRENT
LIABILITIES
922,949
787,799

CAPITAL AND RESERVES
Called up share capital 400 400
Share premium 1,699,999 1,699,999
Retained earnings (777,450 ) (912,600 )
SHAREHOLDERS' FUNDS 922,949 787,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and
387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The notes form part of these financial statements

Page 2 continued...
Sanctuary Management Productions Limited (Registered number: 01588892)

Balance Sheet - continued
30 September 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 June 2019 and were
signed on its behalf by:





A J Taylor - Director


The notes form part of these financial statements

Page 3
Sanctuary Management Productions Limited (Registered number: 01588892)

Notes to the Financial Statements
for the Year Ended 30 September 2018

1. STATUTORY INFORMATION

Sanctuary Management Productions Limited is a private company, limited by shares ,
registered in England and Wales. The company's registered number and registered office
address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises income from copyright royalties recognised when received or when
contractually receivable when the quantum of the receipt is known and there is a reasonable
expectation that payment will be received.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences
are taken into account in arriving at the operating result.

Page 4 continued...
Sanctuary Management Productions Limited (Registered number: 01588892)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

2. ACCOUNTING POLICIES - continued

Cash flow statement
The directors have taken advantage of the exemption from including a cash flow statement
in the financial statements on the grounds that the company is small.

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2017
and 30 September 2018 59,367
NET BOOK VALUE
At 30 September 2018 59,367
At 30 September 2017 59,367

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Trade debtors 110,604 88,734
Amounts owed by associates 459,412 413,317
Other debtors 301,236 252,919
871,252 754,970

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Trade creditors 11,128 44,103
Amounts owed to associates 8,146 -
Taxation and social security 5,112 24,676
Other creditors 31,288 41,061
55,674 109,840

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland', not to disclose related party transactions with wholly owned subsidiaries within the
group.

Page 5 continued...
Sanctuary Management Productions Limited (Registered number: 01588892)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

6. RELATED PARTY DISCLOSURES - continued

Phantom Music Management Ltd

An associated company.


At the balance sheet date Phantom Music Management Ltd owes the company £459,412
(2017: £413,317). £39,000 (2017: £NIL) of this amount relates to a loan which is classified
as a current debtor and is repayable on demand, no interest is charged on the amount. The
remaining balance is classified as trade debtors, and are conducted under normal market
conditions.

Twilight Zone Management Ltd

A company in which A Taylor is a director and shareholder.


R Smallwood is also a shareholder of the company.

At the balance sheet date the company owes Twilight Zone Management Ltd £NIL (2017
£7,500). The amount was classified as a current creditor and was repayable on demand, no
interest was charged on the amount. Twilight Zone Management Ltd was dissolved on the
22 May 2018.

Geales Restaurant Ltd


A company in which AJ Taylor and R C Smallwood have significant control.

As at the balance sheet date there is a loan balance of £200,000 due from Geales
Restaurant Ltd (2017: £200,000). The amount is classified as a current debtor and is
repayable on demand, no interest is charged on the amount.

7. ULTIMATE CONTROLLING PARTY

Control is shared equally between R C Smallwood and A J Taylor by way of share
ownership.

Page 6