Production Room Limited - Abbreviated accounts 16.3
Production Room Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE PERIOD 1 FEBRUARY 2015 TO 12 MARCH 2016 |
| FOR |
| PRODUCTION ROOM LIMITED |
| PRODUCTION ROOM LIMITED (REGISTERED NUMBER: 06700800) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 1 FEBRUARY 2015 TO 12 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| PRODUCTION ROOM LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 FEBRUARY 2015 TO 12 MARCH 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| PRODUCTION ROOM LIMITED (REGISTERED NUMBER: 06700800) |
| ABBREVIATED BALANCE SHEET |
| 12 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Revaluation reserve |
| 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. |
| PRODUCTION ROOM LIMITED (REGISTERED NUMBER: 06700800) |
| ABBREVIATED BALANCE SHEET - continued |
| 12 MARCH 2016 |
| The financial statements were approved by the Board of Directors on on its behalf by: |
| P Germain - Director | Mrs A Lynch - Director |
| RJN Powell - Director | A G W Marten - Director |
| PRODUCTION ROOM LIMITED (REGISTERED NUMBER: 06700800) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 1 FEBRUARY 2015 TO 12 MARCH 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 |
| Land and buildings | - |
| Plant and machinery etc | - |
| 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 balance sheet date. |
| FOREIGN CURRENCIES |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling |
| at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate |
| of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving |
| at the operating result. |
| HIRE PURCHASE AND LEASING COMMITMENTS |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| PRODUCTION ROOM LIMITED (REGISTERED NUMBER: 06700800) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE PERIOD 1 FEBRUARY 2015 TO 12 MARCH 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| Additions |
| Disposals | ( |
) |
| At 12 March 2016 |
| DEPRECIATION |
| At 1 February 2015 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 12 March 2016 |
| NET BOOK VALUE |
| At 12 March 2016 |
| At 31 January 2015 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |