Halcyon Film & Media Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09892600 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Halcyon Film & Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C P Eaton LLB (Hons) C Dir

REGISTERED OFFICE:

4th Floor

1 Knightrider Court

London

EC4V 5BJ

REGISTERED NUMBER:

09892600 (England and Wales)

ACCOUNTANTS:

ILS Fiduciaries (IOM) Limited

First Floor

Millennium House

Victoria Road

Douglas

Isle of Man

IM2 4RW

CURRENT ASSETS

Debtors

3

221,724

220,978

Cash at bank

1,433

2,540

223,157

223,518

CREDITORS

Amounts falling due within one year

4

256,209

221,001

NET CURRENT (LIABILITIES)/ASSETS

(33,052

)

2,517

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,052

)

2,517

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

6

(33,053

)

2,516

SHAREHOLDERS' FUNDS

(33,052

)

2,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 December 2019 and were signed by:

Mr C P Eaton LLB (Hons) C Dir - Director

1.	STATUTORY INFORMATION

Halcyon Film & Media 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.

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.

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the excess of liabilities

over assets as the director believes the beneficial owner will continue to make adequate funds available to enable

the company to meet its liabilities as and when they fall due. The director has no reason to believe that financial

support will not continue in the future and considered it appropriate to adopt a going concern basis. The

accounts do not contain any adjustments that would be necessary should this basis not be appropriate.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by related parties

26,531

22,908

Sundry debtors

195,000

195,000

Prepayments

192

3,069

Called up share capital not paid

1

1

221,724

220,978

The amounts due from related parties and the sundry debtors are unsecured, interest-free and repayable on

demand.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

29,776

9,615

Amounts owed to related parties

225,337

207,967

Tax

126

929

Accruals

970

2,490

256,209

221,001

The amounts due to related parties are unsecured, interest-free and without specified repayment dates.

5.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2019

2018

value:

£

£

1

Ordinary

£1

1

1

6.

RESERVES

Retained

earnings

£

At 1 April 2018

2,516

Deficit for the year

(35,569

)

At 31 March 2019

(33,053

)

7.	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.

8.	POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 31 March 2019, which occurred before the date of approval of the

financial statements by the directors, have been included to the extent required to show a true and fair view of the

state of affairs at 31 March 2019 and of the results of the year ended on that date.