B4Films Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: SC351956 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

B4Films Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Brown

J C Brown

Mrs L Brown

J G Brown

SECRETARY:

C Brown

REGISTERED OFFICE:

Ellon Business Centre

Broomiesburn Road

Ellon

Aberdeenshire

AB41 9RD

REGISTERED NUMBER:

SC351956 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

23 Carden Place

Aberdeen

AB10 1UQ

FIXED ASSETS

Tangible assets

2

11,085

15,483

CURRENT ASSETS

Debtors

1,045

-

Cash at bank

146,917

150,359

147,962

150,359

CREDITORS

Amounts falling due within one year

149,318

198,573

NET CURRENT LIABILITIES

(1,356

)

(48,214

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,729

(32,731

)

CREDITORS

Amounts falling due after more than one
year

52,330

54,586

NET LIABILITIES

(42,601

)

(87,317

)

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

(42,605

)

(87,321

)

SHAREHOLDERS' FUNDS

(42,601

)

(87,317

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 13 December 2016 and were signed on
its behalf by:

C Brown - 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 television production services, 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.

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Deferred tax is provided at the average rates that are expected to apply when the timing differences

reverse, based on current tax rates and laws.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

29,240

DEPRECIATION

At 1 January 2015

13,757

Charge for year

4,398

At 31 December 2015

18,155

NET BOOK VALUE

At 31 December 2015

11,085

At 31 December 2014

15,483

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

4

Ordinary

£1

4

4.	GOING CONCERN

During the year the company made a profit of £44,716 and has a balance sheet deficit of £42,601 at

the year end. The directors have confirmed their continued support of the company.