Primrose Film Productions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00550499 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Primrose Film Productions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Hagen

SECRETARY:

Montiverdi Limited

REGISTERED OFFICE:

10-14 Accommodation Road

Golders Green

London

NW11 8ED

REGISTERED NUMBER:

00550499 (England and Wales)

ACCOUNTANTS:

Grunberg & Co Limited

Chartered Accountants

10-14 Accommodation Road

Golders Green

London

NW11 8ED

FIXED ASSETS

Tangible assets

2

483

1,076

CURRENT ASSETS

Debtors

-

554

Cash at bank

2,416

901

2,416

1,455

CREDITORS

Amounts falling due within one year

2,136

1,448

NET CURRENT ASSETS

280

7

TOTAL ASSETS LESS CURRENT LIABILITIES

763

1,083

PROVISIONS FOR LIABILITIES

97

65

NET ASSETS

666

1,018

CAPITAL AND RESERVES

Called up share capital

3

87

87

Profit and loss account

579

931

SHAREHOLDERS' FUNDS

666

1,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 28 September 2015 and were signed by:

C Hagen - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis, since in the opinion of the director, it is appropriate to

assume that the company will receive her continued support, for a period in excess of twelve months, from the

date of approval of these financial statements.

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 the sale of cinematographic film production services. Income is recognised at the point of

sale.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date except that:

- the recognition of deferred tax assets is limited to the extent that the company anticipates to make sufficient

taxable profits in the future to absorb the reversal of the underlying timing differences.

Deferred tax balances are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

14,738

Impairments

(11,133

)

At 31 March 2015

3,605

DEPRECIATION

At 1 April 2014

13,662

Charge for year

593

Impairments

(11,133

)

At 31 March 2015

3,122

NET BOOK VALUE

At 31 March 2015

483

At 31 March 2014

1,076

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

87

Ordinary

£1

87

87