YALA_FILMS_LTD - Accounts

YALA FILMS LTD - Company Information

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Company Registration No. 8679058 (England and Wales)

YALA FILMS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

YALA FILMS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

YALA FILMS LTD

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 1 -

2014

Notes

Fixed assets

Tangible assets

4,735

Current assets

Debtors

1,313

Creditors: amounts falling due within one year

(28,400)

Net current liabilities

(27,087)

Total assets less current liabilities

(22,352)

Capital and reserves

Called up share capital

100

Profit and loss account

(22,452)

Shareholders' funds

(22,352)

For the financial Period ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 5 June 2015

S Loveridge

Director

Company Registration No. 8679058

YALA FILMS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The accounts have been prepared on the going concern basis which the directors have assessed and approved given their commitment to continue supporting the company financially.

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

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% on a straight line basis

Fixed assets

Tangible assets

Cost

At 5 September 2013

Additions

6,313

At 30 September 2014

6,313

Depreciation

At 5 September 2013

Charge for the period

1,578

At 30 September 2014

1,578

Net book value

At 30 September 2014

4,735

Share capital

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

YALA FILMS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 30 SEPTEMBER 2014

- 3 -

Ultimate parent company

The company was jointly controlled by M Arulpragasam and S Loveridge, by virtue of their directorships, joint and equal ownership of the company.