Siri Productions (Uk) Ltd - Limited company - abbreviated - 11.6
Siri Productions (Uk) Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014 |
FOR |
SIRI PRODUCTIONS (UK) LTD |
SIRI PRODUCTIONS (UK) LTD (REGISTERED NUMBER: 07004129) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Chartered Accountants' Report | 6 |
SIRI PRODUCTIONS (UK) LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
SIRI PRODUCTIONS (UK) LTD (REGISTERED NUMBER: 07004129) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2014 |
2014 | 2013 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Productions in progress |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) |
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. |
SIRI PRODUCTIONS (UK) LTD (REGISTERED NUMBER: 07004129) |
ABBREVIATED BALANCE SHEET - continued |
31 AUGUST 2014 |
The financial statements were approved by the Board of Directors on behalf by: |
SIRI PRODUCTIONS (UK) LTD (REGISTERED NUMBER: 07004129) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
1. | ACCOUNTING POLICIES |
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). |
Tangible fixed assets |
Plant and machinery etc | - |
Productions in progress |
Productions in progress are valued at the lower of cost and net realisable value. The cost includes |
direct expenditure incurred by the company relating to the productions. When it can be shown that a |
production in progress will be profitable, production in progress costs are written off over the estimated |
economic life of the production. Production in progress costs are fully provided for at the point where a |
production is closed or where any loss is anticipated. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
Going concern |
As at 31 August 2014 the company had net liabilities of £9,494 and showed a loss of £10,494. |
The company had no bank borrowings at the balance sheet date. Creditors due after one year included |
a loan from the directors of £132,407. Assurances have been received from the directors that they will |
only call on this debt when the company is in a position to repay it. |
The directors therefore consider that it is appropriate to prepare the accounts on a going concern |
basis. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 August 2014 |
DEPRECIATION |
Charge for year |
At 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
SIRI PRODUCTIONS (UK) LTD (REGISTERED NUMBER: 07004129) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
SIRI PRODUCTIONS (UK) LTD |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages two to five) have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of Siri Productions (Uk) Ltd for the year ended 31 August 2014 which comprise the |
Profit and Loss Account, the Balance Sheet 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 at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Siri Productions (Uk) Ltd, 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 Siri Productions (Uk) Ltd and state those matters that we have agreed to state to the Board of Directors of Siri Productions (Uk) Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Siri Productions (Uk) Ltd 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 loss of Siri Productions (Uk) Ltd. You consider that Siri Productions (Uk) Ltd 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 Siri Productions |
(Uk) Ltd. 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 |
22 June 2015 |