ACCOUNTS - Final Accounts preparation

HH (AMELIE) LIMITED - Company Information

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Registered number: 11574576

HH (AMELIE) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2019

HH (AMELIE) LIMITED

REGISTERED NUMBER: 11574576

BALANCE SHEET

AS AT 31 DECEMBER 2019

		2019
Note		£


Current assets
Debtors: amounts falling due within one year	375,943
Cash at bank and in hand	5,110
	381,053
Creditors: amounts falling due within one year	(952,867)
Net current (liabilities)/assets		(571,814)
Total assets less current liabilities		(571,814)

Net (liabilities)/assets		(571,814)

Capital and reserves
Called up share capital			2
Profit and loss account			(571,816)
			(571,814)

The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 comprehensive income 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 18 June 2020.

Louis Hartshorn

Director

The notes on pages 3 to 5 form part of these financial statements.

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HH (AMELIE) LIMITED

REGISTERED NUMBER: 11574576

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2019

Page 2

HH (AMELIE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2019

1.	General information

HH (Amelie) Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London NW3 5JS.

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

The company is showing net liabilities at the balance sheet date of £571,814. In order to continue trading it is dependent on loans from third party angel investors who have confirmed their intention to continue to support the company for the foreseeable future.
On this basis the directors consider in appropriate to prepare the financial statements on the going concern basis. The finacial statements do not include any adjustments that would result in the withdrawal of the aforementioned support.

2.3

Revenue

Revenue comprises of box office sales, net of commissions and banking charges, merchandise and set sales and it is exclusive of VAT. Revenue is recognised in the period to which the attendance occurred.

2.4

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in the Statement of Comprehensive Income, 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.

2.6

Debtors

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

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HH (AMELIE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2019

2.Accounting policies (continued)

2.7

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.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Employees

The average monthly number of employees, including directors, during the period was 2.

Debtors

					2019
					£


	Trade debtors	299,324
	Other debtors	74,119
	Prepayments and accrued income	2,500
		375,943

5.	Cash and cash equivalents
		2019
		£

	Cash at bank and in hand	5,110
		5,110

Page 4

HH (AMELIE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2019

6.	Creditors: Amounts falling due within one year
		2019
		£

	Trade creditors	44,483
	Other taxation and social security	40,910
	Other creditors	758,322
	Accruals and deferred income	109,152
		952,867

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