ROAR Comedy Ltd - Abbreviated accounts 16.1

ROAR COMEDY LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

8 AUGUST 2015 TO 30 JUNE 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Prof Jonathan Shalit OBE

Mr Stuart Piper

Ms Corrie McGuire

REGISTERED OFFICE:

Roar House

46, Charlotte Street

London

W1T 2GS

REGISTERED NUMBER:

09722224 (England and Wales)

ACCOUNTANTS:

AEL Markhams Ltd

Chartered Accountants

201 Haverstock Hill

London

NW3 4QG

FIXED ASSETS

Tangible assets

2

2,882

CURRENT ASSETS

Debtors

30,343

Cash at bank

32,992

63,335

CREDITORS

Amounts falling due within one year

65,219

NET CURRENT LIABILITIES

(1,884

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

998

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

997

SHAREHOLDERS' FUNDS

998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2016 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 28 September 2016 and were signed on its behalf
by:

Prof Jonathan Shalit OBE - 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 the invoiced value of services supplied by the company, net of value added tax and trade

discount.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures fittings & equipment

-

25% on cost

Computer equipment

-

25% on cost

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates

that are expected to apply when the timing differences reverse, based on current tax rates and laws. No provision

for deferred tax has been provided in these accounts as no material liability is expected to arise.

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

Additions

3,374

At 30 June 2016

3,374

DEPRECIATION

Charge for period

492

At 30 June 2016

492

NET BOOK VALUE

At 30 June 2016

2,882

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the period.