ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

THE RIZEN 1 LIMITED - Company Information

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09176253 2015-08-01 false true 2015-12-312015-12-31 09176253 2015-08-01 2015-12-31 09176253 2015-12-31 09176253 2015-07-31 09176253 c:OrdinaryShareClass1 2015-12-31 09176253 c:OrdinaryShareClass1 2015-07-31 09176253 c:OrdinaryShareClass1 2015-08-01 2015-12-31 09176253 c:OrdinaryShareClass2 2015-12-31 09176253 c:OrdinaryShareClass2 2015-08-01 2015-12-31 09176253 c:Director2 2015-08-01 2015-12-31 iso4217:GBP xbrli:shares

Registered number: 09176253









THE RIZEN 1 LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2015
 
THE RIZEN 1 LIMITED
REGISTERED NUMBER: 09176253

ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2015

31 December
31 July
2015
2015
Note
£
£
£
£
 
CURRENT ASSETS





 
Film production costs
139,247
-

 
Debtors
47,323
-

 
Cash at bank and in hand

1,510
2







 
188,080
2
 
CREDITORS: amounts falling due within one year
(45,292)
-
 
NET CURRENT ASSETS


142,788

2
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 142,788

 2
  
CAPITAL AND RESERVES

 
Called up share capital
2
2,910
2
 
Share premium account
139,590
-
 
Profit and loss account
288
-
 
SHAREHOLDERS' FUNDS
 

 142,788

 2


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2015 and of its profit for the period in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 





C Pearce
Director

Date: 30 September 2016

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
THE RIZEN 1 LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Film production cost

The cost of producing the film is recorded as a current asset. The cost will be amortised to the profit and loss account over the period in which the rights to the relevant film are being exploited by the company.

Page 2
 
THE RIZEN 1 LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2015

2.SHARE CAPITAL
     31 December
         31 July
        2015
        2015
        £

        £

Allotted, called up and fully paid



1,500 (2015 - 2) Founder shares of £1 each
1,500
2
1,410 Ordinary A shares of £1 each
1,410
-

 2,910

 2

During the period the company issued 1,498 founder shares of £1 each at par for a cash consideration.
On 06/01/2015, 600 ordinary A shares of £1 each were issued by the company at a premium of £99 for a cash consideration.
On 25/02/2015, 50 ordinary A shares of £1 each were issued by the company at a premium of £99 for a cash consideration.
On 13/03/2015, 200 ordinary A shares of £1 each were issued by the company at a premium of £99 for a cash consideration.
On 04/04/2015, 560 ordinary A shares of £1 each were issued by the company at a premium of £99 for a cash consideration.

Page 3