Abbreviated Company Accounts - KC FILMS LIMITED

09130940 KC FILMS LIMITED 2015-07-31 false 2014-07-15 2015-07-31 true 09130940 2014-07-15 2015-07-31 09130940 2015-07-31 09130940 uk-gaap-cd-bus:Director1 2014-07-15 2015-07-31 09130940 uk-gaap-cd-bus:Director2 2014-07-15 2015-07-31 uk-gaap-cd-bus:Director3 2014-07-15 2015-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-15 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-07-15 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-31 iso4217:GBP shares

Registered Number 09130940

KC FILMS LIMITED

Abbreviated Accounts

31 July 2015

KC FILMS LIMITED Registered Number 09130940

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015
		£
Current assets
Debtors		9,293
Cash at bank and in hand		42,376
		51,669
Creditors: amounts falling due within one year		(26,553)
Net current assets (liabilities)		25,116
Total assets less current liabilities		25,116
Total net assets (liabilities)		25,116
Capital and reserves
Called up share capital	2	11
Profit and loss account		25,105
Shareholders' funds		25,116

For the year ending 31 July 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 4 March 2016

And signed on their behalf by:
K Churcher, Director

KC FILMS LIMITED Registered Number 09130940

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in
accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the
period, exclusive of Value Added Tax.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are
equivalent to a similar debt instrument, those financial instruments are classed as financial
liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and
gains or losses relating to financial liabilities are included in the profit and loss account. Finance
costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a
financial liability then this is classed as an equity instrument. Dividends and distributions
relating to equity instruments are debited direct to equity.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
10 A Ordinary shares of £1 each	10
1 B Ordinary share of £1 each	1

3Transactions with directors

Name of director receiving advance or credit:	K Churcher
Description of the transaction:	Interest Free Loan
Balance at 15 July 2014:	-
Advances or credits made:	£ 477
Advances or credits repaid:	-
Balance at 31 July 2015:	£ 477

During the period the director was extended an interest free loan of £477 that remained unpaid
as at 31 July 2015. This was repaid by the director within nine months of the period end and as
such no additional corporation tax provision under s455 of CTA2010 is necessary.