Showbiz International Limited - Limited company accounts 18.2
Showbiz International Limited - Limited company accounts 18.2
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
for the Year Ended 31 March 2019 |
for |
SHOWBIZ INTERNATIONAL LIMITED |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2019 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Chartered Accountants' Report | 3 |
Income Statement | 4 |
Statement of Financial Position | 5 |
Notes to the Financial Statements | 6 |
SHOWBIZ INTERNATIONAL LIMITED |
Company Information |
FOR THE YEAR ENDED 31 MARCH 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
5 Theobald Court |
Theobald Street |
Elstree |
Hertfordshire |
WD6 4RN |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Report of the Directors |
FOR THE YEAR ENDED 31 MARCH 2019 |
The directors present their report with the financial statements of the company for the year ended 31 March 2019. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of event organiser. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 April 2018 to the date of this report. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to |
small companies. |
ON BEHALF OF THE BOARD: |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Showbiz International Limited |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Showbiz International Limited for the year ended 31 March 2019 which comprise the Income |
Statement, Statement of Financial Position and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Showbiz International Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Showbiz International Limited and state those matters that we have agreed to state to the Board of Directors of Showbiz International Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Showbiz International Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Showbiz International Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Showbiz International Limited. You consider that Showbiz International Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Showbiz International Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
5 Theobald Court |
Theobald Street |
Elstree |
Hertfordshire |
WD6 4RN |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Income Statement |
FOR THE YEAR ENDED 31 MARCH 2019 |
2019 | 2018 |
Notes | £ | £ |
TURNOVER |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL YEAR |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Statement of Financial Position |
31 MARCH 2019 |
2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | 6 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on by: |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2019 |
1. | STATUTORY INFORMATION |
Showbiz International Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis on the understanding that the parent company |
will continue to financially support the company for a period of 12 months from the date of these financial |
statements. |
Related party exemption |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
Share capital 1 | 1 | 100 | 100 |
6. | RESERVES |
Retained |
earnings |
£ |
At 1 April 2018 | ( |
) |
Profit for the year |
At 31 March 2019 | ( |
) |
SHOWBIZ INTERNATIONAL LIMITED (REGISTERED NUMBER: 06350489) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2019 |
7. | ULTIMATE CONTROLLING PARTY |
Torlork Singh is the ultimate controller by the virtue of the fact that he holds majority of the issued share |
capital of the company. |