Abbreviated Company Accounts - GO PRODUCTIONS LIMITED

GO PRODUCTIONS LIMITED - Company Information

Registered Number 06779744

GO PRODUCTIONS LIMITED

Abbreviated Accounts

31 May 2014

GO PRODUCTIONS LIMITED Registered Number 06779744

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	5,990	6,003
		5,990	6,003
Current assets
Stocks		-	460
Debtors		2,850	29
Cash at bank and in hand		34,935	29,214
		37,785	29,703
Creditors: amounts falling due within one year		(39,123)	(27,054)
Net current assets (liabilities)		(1,338)	2,649
Total assets less current liabilities		4,652	8,652
Total net assets (liabilities)		4,652	8,652
Capital and reserves
Called up share capital		1	1
Profit and loss account		4,651	8,651
Shareholders' funds		4,652	8,652

For the year ending 31 May 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 9 February 2015

And signed on their behalf by:
Mr Ozgur Gorgun, Director

GO PRODUCTIONS LIMITED Registered Number 06779744

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures, Fittings and Equipment 15% per annum on a reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 June 2013	7,402
Additions	1,044
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	8,446
Depreciation
At 1 June 2013	1,399
Charge for the year	1,057
On disposals	-
At 31 May 2014	2,456
Net book values
At 31 May 2014	5,990
At 31 May 2013	6,003