ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

YOUNG FILM ACADEMY LIMITED - Company Information

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06506509 2014-02-01 false true 2015-01-312015-01-31 06506509 2014-02-01 2015-01-31 06506509 2015-01-31 06506509 2014-01-31 06506509 c:OrdinaryShareClass1 2015-01-31 06506509 c:OrdinaryShareClass1 2014-01-31 06506509 c:OrdinaryShareClass1 2014-02-01 2015-01-31 06506509 c:Director2 2014-02-01 2015-01-31 xbrli:shares iso4217:GBP

Registered number: 06506509









YOUNG FILM ACADEMY LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015
 
YOUNG FILM ACADEMY LIMITED
REGISTERED NUMBER: 06506509

ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2015

2015
2014
Note
£
£
£
£
 
CURRENT ASSETS





 
Debtors
19,426
23,326

 
Cash at bank

39,940
12,207







 
59,366
35,533
 
CREDITORS: amounts falling due within one year
(16,400)
(2,685)
 
NET CURRENT ASSETS


42,966

32,848
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 42,966

 32,848
  
CAPITAL AND RESERVES

 
Called up share capital
2
2
2
 
Profit and loss account
42,964
32,846
 
SHAREHOLDERS' FUNDS
 

 42,966

 32,848


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 January 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 30 October 2015.





J Walker
Director

The notes on page 2 form part of these financial statements.

Page 1
 
YOUNG FILM ACADEMY LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year.


2.SHARE CAPITAL
        2015
        2014
        £

        £

Allotted, called up and fully paid



2 Ordinary shares of £1 each
 2
 2

Page 2