Abbreviated Company Accounts - GREEN SHOOT PRODUCTIONS

GREEN SHOOT PRODUCTIONS - Company Information

Registered Number NI043244

GREEN SHOOT PRODUCTIONS

Abbreviated Accounts

31 March 2016

GREEN SHOOT PRODUCTIONS Registered Number NI043244

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	832	1,110
		832	1,110
Current assets
Debtors		23,721	10,540
Cash at bank and in hand		34,385	2,962
		58,106	13,502
Creditors: amounts falling due within one year		(45,494)	(15,155)
Net current assets (liabilities)		12,612	(1,653)
Total assets less current liabilities		13,444	(543)
Total net assets (liabilities)		13,444	(543)
Reserves
Income and expenditure account		13,444	(543)
Members' funds		13,444	(543)

For the year ending 31 March 2016 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 11 May 2016

And signed on their behalf by:
Martin McBurney, Director

GREEN SHOOT PRODUCTIONS Registered Number NI043244

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective January 2015). The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

- Fixtures, fittings and equipment - 25% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Other accounting policies
Income
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Taxation
Green Shoot Productions is a Registered Charity and therefore not liable to corporation tax. HMRC Charity Number: XT10804

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 April 2015	5,295
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	5,295
Depreciation
At 1 April 2015	4,185
Charge for the year	278
On disposals	-
At 31 March 2016	4,463
Net book values
At 31 March 2016	832
At 31 March 2015	1,110