ACCOUNTS - Final Accounts preparation

GONDORFF ENTERTAINMENT LTD. - Company Information

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Registered number: 04391651

BRADLEY MOORE ASSOCIATES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2019

BRADLEY MOORE ASSOCIATES LIMITED

REGISTERED NUMBER: 04391651

BALANCE SHEET

AS AT 31 MARCH 2019

		2019		2018
Note		£		£

Fixed assets
Tangible assets	4		-		37
			-		37
Current assets
Debtors: amounts falling due after more than one year	5	-		1,049
Debtors: amounts falling due within one year	5	1,500		5,699
Cash at bank and in hand	6	133		1,220
		1,633		7,968
Creditors: amounts falling due within one year	7	(14,623)		(8,651)
Net current liabilities			(12,990)		(683)
Total assets less current liabilities			(12,990)		(646)

Net liabilities			(12,990)		(646)

Capital and reserves
Called up share capital	2	2
Profit and loss account	(12,992)	(648)
	(12,990)	(646)

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 December 2019.

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BRADLEY MOORE ASSOCIATES LIMITED

REGISTERED NUMBER: 04391651

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2019

B Moore

Director

The notes on pages 3 to 6 form part of these financial statements.

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BRADLEY MOORE ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

1.	General information

Bradley Moore Associates Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is Apartment 304, Anchor Street, Ipswich, Suffolk IP3 0BP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date the company had net liabilities of £12,990 and is dependent on the support of its director. The director has given their assurance that this support will not be withdrawn and therefore the financial statements have been prepared on the going concern basis.

2.3

Revenue

Revenue is comprised of producer and other fees and is recognised in the Statement of Income and Retained Earnings in the period in which the filming takes place.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Plant and machinery

20% per annum on the reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of income and retained earnings.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

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BRADLEY MOORE ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.7

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Interest income

Interest income is recognised in the statement of income and retained earnings using the effective interest method.

2.10

Taxation

Tax is recognised in the statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2018 - 1).

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BRADLEY MOORE ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

4.	Tangible fixed assets

		Plant and machinery
		£

	At 1 April 2018	1,170
	Disposals	(1,170)
	At 31 March 2019	-

	At 1 April 2018	1,133
	Disposals	(1,133)
	At 31 March 2019	-
	Net book value
	At 31 March 2019	-
	At 31 March 2018	37

5.	Debtors
		2019	2018
		£	£

Due after more than one year
Other debtors	-	1,049
	-	1,049

					2019	2018
					£	£

Due within one year
Other debtors	1,500	5,699
	1,500	5,699

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BRADLEY MOORE ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

6.	Cash and cash equivalents
		2019	2018
		£	£

Cash at bank and in hand	133	1,220
	133	1,220

7.	Creditors: Amounts falling due within one year
		2019	2018
		£	£

Trade creditors	2,713	2,100
Corporation tax	1,783	5,651
Other creditors	9,227	-
Accruals	900	900
	14,623	8,651

8.	Related party transactions
	At the balance sheet date, creditors include £9,227 due to (2018: debtors £4,199 due from) the director of the company.

9.	Controlling party

The company is controlled by the director, B H Moore.

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