Liberty Media Productions Limited Small abbreviated accounts

Liberty Media Productions Limited Small abbreviated accounts

LIBERTY MEDIA PRODUCTIONS LIMITED - Company Information

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FY Private Limited Company Company accounts 2015-08-13 2015-08-13 2015-08-03 false true false false false false false false false false false false true true 2013-12-01 true xbrli:pure xbrli:shares iso4217:GBP 07074562 2013-12-01 2014-11-30 07074562 2014-11-30 07074562 2013-11-30 07074562 uk-gaap:PlantMachinery 2013-12-01 2014-11-30 07074562 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2013-12-01 2014-11-30 07074562 uk-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 07074562 uk-gaap:AllSubsidiaries 2013-12-01 2014-11-30 07074562 uk-bus:OrdinaryShareClass1 2014-11-30 07074562 uk-bus:OrdinaryShareClass1 2013-11-30 07074562 uk-bus:Director1 2013-12-01 2014-11-30 07074562 uk-lang:English 2013-12-01 2014-11-30 07074562 uk-curr:PoundSterling 2013-12-01 2014-11-30
COMPANY REGISTRATION NUMBER 07074562
LIBERTY MEDIA PRODUCTIONS LIMITED
ABBREVIATED ACCOUNTS
30 November 2014
SHAW WALLACE
Chartered Accountants
43 Manchester Street
London
W1U 7LP
LIBERTY MEDIA PRODUCTIONS LIMITED
ABBREVIATED BALANCE SHEET
30 November 2014
2014
2013
Note
£
£
£
FIXED ASSETS
2
Tangible assets
-
117
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-
117
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CURRENT ASSETS
Debtors
4,000
6,570
Cash at bank and in hand
834
6,449
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4,834
13,019
CREDITORS: Amounts falling due within one year
4,097
10,540
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NET CURRENT ASSETS
737
2,479
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TOTAL ASSETS LESS CURRENT LIABILITIES
737
2,596
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CAPITAL AND RESERVES
Called-up equity share capital
3
100
100
Profit and loss account
637
2,496
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SHAREHOLDERS' FUNDS
737
2,596
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For the year ended 30 November 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 3 August 2015 .
H Diyab
Director
Company Registration Number: 07074562
LIBERTY MEDIA PRODUCTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30 NOVEMBER 2014
1. ACCOUNTING POLICIES
Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 25% straight line
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2. FIXED ASSETS
Tangible Assets
£
COST
At 1 December 2013 and 30 November 2014
2,480
-------
DEPRECIATION
At 1 December 2013
2,363
Charge for year
117
-------
At 30 November 2014
2,480
-------
NET BOOK VALUE
At 30 November 2014
–
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At 30 November 2013
117
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3. SHARE CAPITAL
Allotted, called up and fully paid:
2014
2013
No
£
No
£
Ordinary shares of £ 1 each
100
100
100
100
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100
100
100
100
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