ELLA_SCARLET_LIMITED - Accounts

ELLA SCARLET LIMITED - Company Information

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Company Registration No. 07620605 (England and Wales)

ELLA SCARLET LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

ELLA SCARLET LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ELLA SCARLET LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

9,395

Current assets

Debtors

490,816

246,643

Cash at bank and in hand

1,000

491,816

247,643

Creditors: amounts falling due within one year

(299,569)

(40,340)

Net current assets

192,247

207,303

Total assets less current liabilities

201,642

216,698

Capital and reserves

Called up share capital

100

Profit and loss account

201,542

216,598

Shareholders' funds

201,642

216,698

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 December 2015

C Newman

Director

Company Registration No. 07620605

ELLA SCARLET LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for management consultancy services. management consultancy services.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

These financial statements include the results and financial position of Ella Scarlet Limited's interest in Courtyard Music Management LLP.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 April 2014 & at 31 March 2015

9,395

At 31 March 2014

9,395

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Wentworth TC Limited

England & Wales

Ordinary

75.00

Mediator Communications Limited

England & Wales

Ordinary

81.00

ELLA SCARLET LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

Fixed assets

(Continued)

- 3 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

Wentworth TC Limited

General secondary education

(24)

54,746

Mediator Communications Limited

Media promotions

(444,434)

(212,967)

The above results for Wentworth TC Limited are for the year ended 31 August 2015. The above results for Mediator Communciations Limited are for the year ended 31 December 2014.

Share capital

2015

2014

Allotted, called up and fully paid

80 Ordinary 'A' Shares of £1 each

20 Ordinary 'B' Shares of £1 each

100