Apple and Pear Productions Limited - Period Ending 2015-06-30

Registration number: 4503793

Apple and Pear Productions Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

Apple and Pear Productions Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Apple and Pear Productions Limited
(Registration number: 4503793)
Abbreviated Balance Sheet at 30 June 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					11,704			5,798
Current assets
Debtors					5,450			5,548
Cash at bank and in hand					8,696			3,704
					14,146			9,252
Creditors: Amounts falling due within one year					(24,882)			(14,143)
Net current liabilities					(10,736)			(4,891)
Net assets					968			907
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					868			807
Shareholders' funds					968			907

For the year ending 30 June 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 October 2015 and signed on its behalf by:

.........................................
H Robjohns
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Apple and Pear Productions Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic lives.

Asset class	Amortisation method and rate
Goodwill	5 years

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings, and equipment	25% straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Apple and Pear Productions Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 July 2014		30,000			83,591			113,591
Additions		-			12,013			12,013
At 30 June 2015		30,000			95,604			125,604
Depreciation
At 1 July 2014		30,000			77,793			107,793
Charge for the year		-			6,107			6,107
At 30 June 2015		30,000			83,900			113,900
Net book value
At 30 June 2015		-			11,704			11,704
At 30 June 2014		-			5,798			5,798

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

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