| Philip Collins Publishing Limited |
| Registered number: |
05445247 |
| Balance Sheet |
| as at 31 December 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
312 |
|
|
313 |
| Cash at bank and in hand |
|
|
12,310 |
|
|
10,457 |
|
|
|
12,622 |
|
|
10,770 |
|
| Creditors: amounts falling due within one year |
3 |
|
(10,675) |
|
|
(8,823) |
|
| Net current assets |
|
|
|
1,947 |
|
|
1,947 |
|
|
| Net assets |
|
|
|
1,947 |
|
|
1,947 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
5 |
|
|
1,847 |
|
|
1,847 |
|
| Shareholders' funds |
|
|
|
1,947 |
|
|
1,947 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
|
| N J Price |
| Director |
| Approved by the board on 22 August 2019 |
|
| Philip Collins Publishing Limited |
| Notes to the Accounts |
| for the year ended 31 December 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
|
Turnover |
|
Turnover represents royalties receivable which are accounted for on the contractually due date or where this is unspecified, or cash is received earlier, on the date cash is received. |
|
|
|
Foreign currency translation |
|
Transactions in foreign currencies are recorded at the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Prepayments & accrued income |
153 |
|
154 |
|
Corporation tax |
|
9 |
|
9 |
|
Other taxes |
|
|
|
|
50 |
|
50 |
|
Other debtors |
|
100 |
|
100 |
|
|
|
|
|
|
312 |
|
313 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Accruals & deferred income |
1,746 |
|
1,610 |
|
Trade creditors |
743 |
|
806 |
|
Amounts owed to related parties |
|
8,186 |
|
6,278 |
|
Other creditors |
- |
|
129 |
|
|
|
|
|
|
10,675 |
|
8,823 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2018 |
|
2018 |
|
2017 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Profit and loss account |
2018 |
| £ |
|
|
At 1 January 2018 |
1,847 |
|
|
At 31 December 2018 |
1,847 |
|
|
|
|
|
|
|
|
| 6 |
Transactions with the director |
|
|
There have been no transactions with the director requiring disclosure. |
|
|
| 7 |
Transactions with related parties |
|
|
There have been no transactions with related parties requiring disclosure. |
|
|
| 8 |
Other information |
|
|
Philip Collins Publishing Limited is a private company limited by shares and registered in England and Wales. Its registered office is: |
|
25 Ives Street |
|
London |
|
SW3 2ND |
