Poonamallee Productions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06710912 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2015

for

Poonamallee Productions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Reade

Ms A Reid

REGISTERED OFFICE:

2/4 Ash Lane

Rustington

West Sussex

BN16 3BZ

REGISTERED NUMBER:

06710912 (England and Wales)

ACCOUNTANTS:

Lucraft, Hodgson & Dawes LLP

Chartered Accountants

2/4 Ash Lane

Rustington

West Sussex

BN16 3BZ

CURRENT ASSETS

Debtors

454

1,454

Cash at bank

3,182

20,507

3,636

21,961

CREDITORS

Amounts falling due within one year

533

14,243

NET CURRENT ASSETS

3,103

7,718

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,103

7,718

CAPITAL AND RESERVES

Called up share capital

2

1,000

Profit and loss account

2,103

6,718

SHAREHOLDERS' FUNDS

3,103

7,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22nd June 2016 and were signed on its behalf by:

S Reade - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

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

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

A deferred tax asset is only recognised when it is more likely than not that the asset will be recoverable in the

foreseeable future out of suitable profits from which the underlying timing differences can be deducted.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary

£1

1,000

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company received an unsecured loan from Mr S Reade ,a director.

The loan was used to finance the company's activities.

The loan is interest free and repayable on demand.

At the end of the year ,an amount of £73 (2014 £13,342) was outstanding.

.