The Agnew Film Company Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06573117 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2016

for

The Agnew Film Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J M Agnew

SECRETARY:

J M Agnew

REGISTERED OFFICE:

6 Manchester Road

Buxton

Derbyshire

SK17 6SB

REGISTERED NUMBER:

06573117 (England and Wales)

ACCOUNTANTS:

Laytons

Chartered Accountants

Registered Auditors

6 Manchester Road

Buxton

Derbyshire

SK17 6SB

FIXED ASSETS

Tangible assets

2

732

870

CURRENT ASSETS

Debtors

956

-

Cash at bank and in hand

1,732

90

2,688

90

CREDITORS

Amounts falling due within one year

6,742

9,774

NET CURRENT LIABILITIES

(4,054

)

(9,684

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,322

)

(8,814

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(3,422

)

(8,914

)

SHAREHOLDERS' FUNDS

(3,322

)

(8,814

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29th November 2016 and were signed by:

A J Barratt - 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.

Tangible fixed assets

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

Computer equipment

-

15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

2,871

DEPRECIATION

At 1st April 2015

2,001

Charge for year

138

At 31st March 2016

2,139

NET BOOK VALUE

At 31st March 2016

732

At 31st March 2015

870

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st March 2016 the company owed £6,742 (2015 £9,347) to the director Mr J Agnew. The loan is

interest free and repayable on demand.

5.

CONTROL

The company is under the control of the director Mr J Agnew who owns 100% of the share capital.