Abbreviated Company Accounts - STAND ALONE PRODUCTIONS LTD

STAND ALONE PRODUCTIONS LTD - Company Information

Registered Number 06387411

STAND ALONE PRODUCTIONS LTD

Abbreviated Accounts

31 March 2015

STAND ALONE PRODUCTIONS LTD Registered Number 06387411

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	93,666	100,265
		93,666	100,265
Current assets
Debtors		32,440	35,073
Cash at bank and in hand		206,090	108,388
		238,530	143,461
Prepayments and accrued income		-	1,672
Creditors: amounts falling due within one year		(83,497)	(52,677)
Net current assets (liabilities)		155,033	92,456
Total assets less current liabilities		248,699	192,721
Provisions for liabilities		(18,665)	(19,417)
Accruals and deferred income		(28,348)	(29,788)
Total net assets (liabilities)		201,686	143,516
Capital and reserves
Called up share capital		100	100
Profit and loss account		201,586	143,416
Shareholders' funds		201,686	143,516

For the year ending 31 March 2015 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 7 September 2015

And signed on their behalf by:
G Johnson, Director

STAND ALONE PRODUCTIONS LTD Registered Number 06387411

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 the value, net of value added tax and discounts, of goods provided to customers
and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Studio Equipment: 20% of Net Book Value

Other accounting policies
Deferred taxation:
Full provision is made for deferred taxation resulting from timing differences between the
recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred
taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies:
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2014	197,485
Additions	18,068
Disposals	(3,000)
Revaluations	-
Transfers	-
At 31 March 2015	212,553
Depreciation
At 1 April 2014	97,220
Charge for the year	23,667
On disposals	(2,000)
At 31 March 2015	118,887
Net book values
At 31 March 2015	93,666
At 31 March 2014	100,265