UNDERGROUND PRODUCTIONS LIMITED - Abbreviated accounts 16.1
UNDERGROUND PRODUCTIONS LIMITED - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 June 2016 |
| for |
| UNDERGROUND PRODUCTIONS LIMITED |
| UNDERGROUND PRODUCTIONS LIMITED (REGISTERED NUMBER: 04803041) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 4 |
| UNDERGROUND PRODUCTIONS LIMITED |
| Company Information |
| for the Year Ended 30 June 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| CHARTERED ACCOUNTANTS |
| & BUSINESS ADVISORS |
| UNDERGROUND PRODUCTIONS LIMITED (REGISTERED NUMBER: 04803041) |
| Abbreviated Balance Sheet |
| 30 June 2016 |
| 30.6.16 | 30.6.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| UNDERGROUND PRODUCTIONS LIMITED (REGISTERED NUMBER: 04803041) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2016 |
| 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. |
| Tangible fixed assets |
| Plant and machinery | - |
| 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. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2015 |
| Additions |
| At 30 June 2016 |
| DEPRECIATION |
| At 1 July 2015 |
| Charge for year |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.16 | 30.6.15 |
| value: | £ | £ |
| Ordinary | £ 1 |
| 4. | CONTROL |
| The company has been controlled throughout the year by D Muhsin and J M Shay, directors and |
| shareholders. |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| UNDERGROUND PRODUCTIONS LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to |
| three) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of UNDERGROUND PRODUCTIONS LIMITED for the year ended 30 June 2016 which |
| comprise the Profit and Loss Account, the Balance Sheet, the Cash Flow Statement, the Statement of Total |
| Recognised Gains and Losses and the related notes from the company's accounting records and from information |
| and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of UNDERGROUND PRODUCTIONS LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of UNDERGROUND PRODUCTIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of UNDERGROUND PRODUCTIONS LIMITED, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that UNDERGROUND PRODUCTIONS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of UNDERGROUND PRODUCTIONS LIMITED. You consider that UNDERGROUND PRODUCTIONS LIMITED is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of UNDERGROUND PRODUCTIONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| CHARTERED ACCOUNTANTS |
| & BUSINESS ADVISORS |
| 25 August 2016 |