Abbreviated Company Accounts - WOLF FILMS LIMITED

WOLF FILMS LIMITED - Company Information

07404921 WOLF FILMS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 07404921 2013-11-01 2014-10-31 07404921 2014-10-31 07404921 2013-10-31 07404921 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 07404921 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 07404921

WOLF FILMS LIMITED

Abbreviated Accounts

31 October 2014

WOLF FILMS LIMITED Registered Number 07404921

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	29,883	31,745
Tangible assets	3	883	1,178
		30,766	32,923
Current assets
Debtors		28,060	29,759
Cash at bank and in hand		90,585	149,507
		118,645	179,266
Creditors: amounts falling due within one year		(3,419)	(17,451)
Net current assets (liabilities)		115,226	161,815
Total assets less current liabilities		145,992	194,738
Total net assets (liabilities)		145,992	194,738
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		145,991	194,737
Shareholders' funds		145,992	194,738

For the year ending 31 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 July 2015

And signed on their behalf by:
Ballie Walsh, Director

WOLF FILMS LIMITED Registered Number 07404921

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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:
Plant and machinery 25% reducing balance method

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Other accounting policies
Ultimate controlling party
B Walsh, the director, is the ultimate controlling party.

2Intangible fixed assets

	£
Cost
At 1 November 2013	37,238
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	37,238
Amortisation
At 1 November 2013	5,493
Charge for the year	1,862
On disposals	-
At 31 October 2014	7,355
Net book values
At 31 October 2014	29,883
At 31 October 2013	31,745

3Tangible fixed assets

	£
Cost
At 1 November 2013	2,793
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	2,793
Depreciation
At 1 November 2013	1,615
Charge for the year	295
On disposals	-
At 31 October 2014	1,910
Net book values
At 31 October 2014	883
At 31 October 2013	1,178

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1