B4Films Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC351956 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

B4Films Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Brown

J C Brown

Mrs L Brown

J G Brown

SECRETARY:

C Brown

REGISTERED OFFICE:

Ellon Business Centre

Broomiesburn Road

Ellon

Aberdeenshire

AB41 9RD

REGISTERED NUMBER:

SC351956 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

23 Carden Place

Aberdeen

AB10 1UQ

FIXED ASSETS

Tangible assets

2

15,483

9,675

CURRENT ASSETS

Cash at bank

150,359

168,749

CREDITORS

Amounts falling due within one year

198,573

160,475

NET CURRENT (LIABILITIES)/ASSETS

(48,214

)

8,274

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,731

)

17,949

CREDITORS

Amounts falling due after more than one year

54,586

50,000

NET LIABILITIES

(87,317

)

(32,051

)

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

(87,321

)

(32,055

)

SHAREHOLDERS' FUNDS

(87,317

)

(32,051

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:

C Brown - Director

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).

Turnover

Turnover represents net invoiced sales of television production services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Deferred tax is provided at the average rates that are expected to apply when the timing differences reverse,

based on current tax rates and laws.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

18,414

Additions

10,826

At 31 December 2014

29,240

DEPRECIATION

At 1 January 2014

8,739

Charge for year

5,018

At 31 December 2014

13,757

NET BOOK VALUE

At 31 December 2014

15,483

At 31 December 2013

9,675

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary

£1

4

4

4.	GOING CONCERN

During the year the company made a loss of £55,266 and has a balance sheet deficit of £87,317 at the year

end. The directors have confirmed their continued support of the company.