Poppyfield Productions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07312351 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2014

for

Poppyfield Productions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M J C Haddow-Allen

Ms R Levine

REGISTERED OFFICE:

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

Nottinghamshire

NG9 8AA

REGISTERED NUMBER:

07312351 (England and Wales)

ACCOUNTANTS:

LING PHIPP

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

2

1,078

818

CURRENT ASSETS

Debtors

15,504

13,991

Cash at bank

27,691

19,613

43,195

33,604

CREDITORS

Amounts falling due within one year

34,862

30,434

NET CURRENT ASSETS

8,333

3,170

TOTAL ASSETS LESS CURRENT LIABILITIES

9,411

3,988

PROVISIONS FOR LIABILITIES

216

164

NET ASSETS

9,195

3,824

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

9,193

3,822

SHAREHOLDERS' FUNDS

9,195

3,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 April 2015 and were signed on its behalf by:

Mr M J C Haddow-Allen - Director

Ms R Levine - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis and are subject to the continued support of the directors.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Where the company has partially performed its contractual obligations, it recognises revenue to the extent that it has

obtained the right to consideration through its performance.

Tangible fixed assets

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

Office Equipment

-

20% on reducing balance

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between treatment of certain items for

taxation and accounting purposes. The deferred tax balance has not been discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

1,624

Additions

529

At 31 July 2014

2,153

DEPRECIATION

At 1 August 2013

806

Charge for year

269

At 31 July 2014

1,075

NET BOOK VALUE

At 31 July 2014

1,078

At 31 July 2013

818

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

2

Ordinary

£1

2

2

4.	CONTROLLING PARTY

The company is controlled by Ms R Levine and Mr M J C Haddow-Allen who own 100% of the issued share capital and

are the only directors.