CINETECH UK LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07589666 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

CINETECH UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Lane

REGISTERED OFFICE:

Charwell House

Wilsom Road

Alton

Hampshire

GU34 2PP

REGISTERED NUMBER:

07589666 (England and Wales)

ACCOUNTANTS:

B20 Limited

Chartered Certified Accountants

Charwell House

Wilsom Road

Alton

Hampshire

GU34 2PP

FIXED ASSETS

Tangible assets

3

1,527

863

CURRENT ASSETS

Stocks

30,000

39,320

Debtors

4

23,837

10,786

Cash at bank

91,137

62,707

144,974

112,813

CREDITORS

Amounts falling due within one year

5

(45,789

)

(19,304

)

NET CURRENT ASSETS

99,185

93,509

TOTAL ASSETS LESS CURRENT LIABILITIES

100,712

94,372

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

100,612

94,272

SHAREHOLDERS' FUNDS

100,712

94,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 27 September 2019 and were signed by:

C Lane - Director

1.	STATUTORY INFORMATION

CINETECH UK 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

1,715

Additions

1,125

At 30 April 2019

2,840

DEPRECIATION

At 1 May 2018

852

Charge for year

461

At 30 April 2019

1,313

NET BOOK VALUE

At 30 April 2019

1,527

At 30 April 2018

863

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Amounts owed by participating interests

23,286

10,786

Other debtors

551

-

23,837

10,786

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Taxation and social security

1,800

2,587

Other creditors

43,989

16,717

45,789

19,304