BRISTOL_TELEVISION_FILM_S - Accounts
BRISTOL_TELEVISION_FILM_S - Accounts
Company Registration No. 01991107 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2014
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 5
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
-
Creditors: amounts falling due within one year
3
(282,017 )
(442,213 )
Net current assets/(liabilities)
(118,399 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(171,847 )
(70,297 )
Provisions for liabilities
(52,638 )
(47,894 )
488,066
401,899
Capital and reserves
Called up share capital
5
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2014
- 2 -
Directors' responsibilities:
-
-
Approved by the Board for issue on 29 April 2015
Director
Company Registration No. 01991107
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
Going concern
The company has the ongoing support of its directors and providers of finance to enable it to continue to trade in the long term, future trading prospects have been reviewed and it is envisaged that the company will continue to be profitable. For this reason, the directors consider the going concern basis for the preparation of the accounts to be appropriate.
The company has the ongoing support of its directors and providers of finance to enable it to continue to trade in the long term, future trading prospects have been reviewed and it is envisaged that the company will continue to be profitable. For this reason, the directors consider the going concern basis for the preparation of the accounts to be appropriate.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Land and buildings Leasehold
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
1.5
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2014
- 4 -
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2013
2,040,531
Additions
67,782
At 31 July 2014
2,108,313
Depreciation
At 1 August 2013
1,402,042
Charge for the year
113,013
At 31 July 2014
1,515,055
Net book value
At 31 July 2014
593,258
At 31 July 2013
638,489
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £0 (2013 - £160,989).
4
Creditors: amounts falling due after more than one year
The aggregate amount of creditors for which security has been given amounted to £0 (2013 - £70,297).
5
Share capital
2014
2013
£
£
Allotted, called up and fully paid
6
Ultimate parent company
Throughout the current and previous years the company was controlled by Mr B Baker and Mrs J Baker, by virtue of their shareholdings in Baker Group Holdings Limited, the ultimate parent company.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2014
- 5 -
7
Related party relationships and transactions
Advances and credits to directors
The following director received advances and credits during the year as follows:
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
-
(24,471)
-
(24,471)
-
The maximum amount outstanding during the year was £4,221.