Pumpkin Film Productions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03193617 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Pumpkin Film Productions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Barry

Mrs C Barry

SECRETARY:

P Barry

REGISTERED OFFICE:

77a Alma Road

Clifton

Bristol

BS8 2DP

REGISTERED NUMBER:

03193617 (England and Wales)

ACCOUNTANTS:

Pure Professionals Limited

Chartered Accountants & Tax Advisers

77a Alma Road

Clifton

Bristol

BS8 2DP

FIXED ASSETS

Tangible assets

2

1,591,574

741,034

CURRENT ASSETS

Debtors

189,989

827,382

Cash at bank

427,544

413,922

617,533

1,241,304

CREDITORS

Amounts falling due within one year

438,256

436,373

NET CURRENT ASSETS

179,277

804,931

TOTAL ASSETS LESS CURRENT LIABILITIES

1,770,851

1,545,965

PROVISIONS FOR LIABILITIES

5,385

6,479

NET ASSETS

1,765,466

1,539,486

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

1,765,462

1,539,482

SHAREHOLDERS' FUNDS

1,765,466

1,539,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 February 2015 and were signed on its behalf by:

P Barry - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

993,132

Additions

879,712

At 31 May 2014

1,872,844

DEPRECIATION

At 1 June 2013

252,098

Charge for year

29,172

At 31 May 2014

281,270

NET BOOK VALUE

At 31 May 2014

1,591,574

At 31 May 2013

741,034

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

2

"A" ordinary

£1

2

2

2

"B" ordinary

£1

2

2

4

4

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2014 and

31 May 2013:

31.5.14

31.5.13

£

£

P Barry

Balance outstanding at start of year

785,276

89,447

Amounts advanced

188,136

695,829

Amounts repaid

(850,000

)

-

Balance outstanding at end of year

123,412

785,276