Reel Life Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 03745234 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2016

for

Reel Life Ltd

Page

Company Information

1

Balance Sheet

2

Directors:

T D Evans

Mrs V Evans

Secretary:

Mrs V Evans

Registered office:

19 High Street

Pershore

Worcestershire

WR10 1AA

Registered number:

03745234 (England and Wales)

Accountants:

Crowthers Chartered Accountants

19 High Street

Pershore

Worcestershire

WR10 1AA

FIXED ASSETS

333,864

334,665

CURRENT ASSETS

66,883

62,944

CREDITORS

Amounts falling due within one year

(90,892

)

(69,259

)

NET CURRENT LIABILITIES

(24,009

)

(6,315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

309,855

328,350

CREDITORS

Amounts falling due after more than one year

251,887

259,361

NET ASSETS

57,968

68,989

CAPITAL AND RESERVES

57,968

68,989

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within Creditors is an amount owed to Mr T D Evans, one of the directors of £41,213 (2015: £16,917).

The loan is interest free and there are no fixed repayment terms.

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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 4 November 2016 and were signed on its behalf by:

T D Evans - Director

Mrs V Evans - Director