Pulse Cinemas Limited - Accounts to registrar - small 16.1.1
Pulse Cinemas Limited - Accounts to registrar - small 16.1.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 31 December 2015 |
| for |
| Pulse Cinemas Limited |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Contents of the Financial Statements |
| For The Year Ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Pulse Cinemas Limited |
| Company Information |
| For The Year Ended 31 December 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 10-12 Mulberry Green |
| Old Harlow |
| Essex |
| CM17 0ET |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Statement of Financial Position |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors: amounts falling due within one year | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Share premium | 10 |
| Retained earnings | 10 |
| 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. |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Statement of Financial Position - continued |
| 31 December 2015 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Notes to the Financial Statements |
| For The Year Ended 31 December 2015 |
| 1. | STATUTORY INFORMATION |
| Pulse Cinemas Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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 profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 December 2015 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2015 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Hire purchase contracts |
| 8. | PROVISIONS FOR LIABILITIES |
| 2015 | 2014 |
| £ | £ |
| Deferred tax | 35,055 | 44,427 |
| Pulse Cinemas Limited (Registered number: 04998870) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 December 2015 |
| 8. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2015 |
| Provided during year | ( |
) |
| Balance at 31 December 2015 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary A Shares | .01 | 3 | 3 |
| Ordinary B Shares | .01 | 3 | 3 |
| 6 | 6 |
| 10. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 January 2015 | 447,777 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 31 December 2015 | 412,108 |
| 11. | RELATED PARTY DISCLOSURES |
| Pulse Marketing of Bishops Stortford Holdings Ltd |
| Holdings Company |
| Dividends paid £232,152 (2014 : £248,236) |
| Rents paid £30,000 (2014 : £30,000). |
| Amount due to related party at the balance sheet date £6,169 (2014 : £6,169) |
| Stream Partnership |
| A Partnership where Mr Beatty and Mr Kapes are partners. |
| During the year the company sold goods totalling £49,197 (2014 : £29,210) with a balance due to Pulse |
| Cinemas Ltd of £8,012 (2014 : nil).The company also purchased goods totalling £429 (2014 : £14,213) with a |
| balance due to Stream of £917 (2014 : £402). These sales and purchases were made on an arms length basis |
| and on normal commercial terms. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Mr M G Beatty. |