Abbreviated Company Accounts - SOFA PRODUCTIONS LIMITED

SOFA PRODUCTIONS LIMITED - Company Information

04929410 SOFA PRODUCTIONS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04929410 2014-04-01 2015-03-31 04929410 2015-03-31 04929410 2014-03-31 04929410 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04929410 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04929410

SOFA PRODUCTIONS LIMITED

Abbreviated Accounts

31 March 2015

SOFA PRODUCTIONS LIMITED Registered Number 04929410

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,146	2,096
		2,146	2,096
Current assets
Debtors		54,343	61,613
Cash at bank and in hand		2,044	21,121
		56,387	82,734
Creditors: amounts falling due within one year		(53,910)	(67,153)
Net current assets (liabilities)		2,477	15,581
Total assets less current liabilities		4,623	17,677
Total net assets (liabilities)		4,623	17,677
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		4,523	17,577
Shareholders' funds		4,623	17,677

For the year ending 31 March 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 22 December 2015

And signed on their behalf by:
S FOGARTY, Director

SOFA PRODUCTIONS LIMITED Registered Number 04929410

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
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

Other accounting policies
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 April 2014	12,299
Additions	778
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	13,077
Depreciation
At 1 April 2014	10,203
Charge for the year	728
On disposals	-
At 31 March 2015	10,931
Net book values
At 31 March 2015	2,146
At 31 March 2014	2,096

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	S FOGARTY
Description of the transaction:	Advances
Balance at 1 April 2014:	£ 61,613
Advances or credits made:	£ 69,056
Advances or credits repaid:	£ 76,326
Balance at 31 March 2015:	£ 54,343