Machine Productions Limited - Accounts to registrar - small 16.3d

Machine Productions Limited - Accounts to registrar - small 16.3d

MACHINE PRODUCTIONS LIMITED - Company Information

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Machine Productions Limited

Financial Statements for the Year Ended 31 March 2016













Machine Productions Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: J F Dauncey
J A Steventon





SECRETARY: M Holloway





REGISTERED OFFICE: 1 Worleton
Dyffryn
Cardiff
CF5 6SW





REGISTERED NUMBER: 06265422





ACCOUNTANTS: BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA
1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Machine Productions Limited


The following reproduces the text of the report prepared for the directors and members in respect of
the company's annual unaudited financial statements. In accordance with the Companies Act 2006,
the company is only required to file a Balance Sheet. Readers are cautioned that the Income
Statement and certain other primary statements and the Report of the Directors are not required to
be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Machine Productions Limited for the year ended 31 March 2016 which
comprise the Profit and Loss, Balance Sheet and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Machine Productions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Machine Productions Limited and state those matters that we have agreed to state to the Board of Directors of Machine Productions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Machine Productions Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Machine Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Machine Productions Limited. You consider that Machine Productions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Machine Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BPU Limited
Chartered Accountants


19 December 2016

This page does not form part of the statutory financial statements

2
Machine Productions Limited (Registered number: 06265422)

Balance Sheet
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - 99
Investments 4 1 1
1 100

CURRENT ASSETS
Debtors 5 139,315 139,315

CREDITORS
Amounts falling due within one year 6 38,393 35,622
NET CURRENT ASSETS 100,922 103,693
TOTAL ASSETS LESS CURRENT
LIABILITIES
100,923
103,793

CREDITORS
Amounts falling due after more than one
year
7
-
2,523
NET ASSETS 100,923 101,270

CAPITAL AND RESERVES
Called up share capital 154 154
Share premium 202,446 202,446
Retained earnings (101,677 ) (101,330 )
SHAREHOLDERS' FUNDS 100,923 101,270

The notes form part of these financial statements

3
Machine Productions Limited (Registered number: 06265422)

Balance Sheet - continued
31 March 2016


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 December 2016 and were signed
on its behalf by:





J F Dauncey - Director


The notes form part of these financial statements

4
Machine Productions Limited (Registered number: 06265422)

Notes to the Financial Statements
for the Year Ended 31 March 2016


1. STATUTORY INFORMATION

Machine Productions Limited is a private company, limited by shares , registered in Not
specified/Other. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 - 50% reducing balance

Film production costs included in fixed assets on film completion are depreciated in line with income
on a pound for pound basis.

Deferred tax
Full provision is made for deferred taxation resulting from timing differences between the recognition
of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is
calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when
the timing differences will reverse.

3. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2015
and 31 March 2016 5,999
DEPRECIATION
At 1 April 2015 5,900
Charge for year 99
At 31 March 2016 5,999
NET BOOK VALUE
At 31 March 2016 -
At 31 March 2015 99

5
Machine Productions Limited (Registered number: 06265422)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2016


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2015
and 31 March 2016 1
NET BOOK VALUE
At 31 March 2016 1
At 31 March 2015 1

5. DEBTORS
2016 2015
£    £   
Amounts falling due within one year:
Other debtors (1 ) (1 )

Amounts falling due after more than one year:
Amounts owed by group undertakings 139,316 139,316

Aggregate amounts 139,315 139,315

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Other creditors & accruals 38,393 35,622

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
£    £   
Other creditors - 2,523

6