Babbling Productions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05892929 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Babbling Productions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Hornsey

P R Coggins

Mrs T J Hornsey-Saunders

SECRETARY:

M Hornsey

REGISTERED OFFICE:

Unit 6

Heritage Business Centre

Derby Road

Belper

Derbyshire

DE56 1SW

REGISTERED NUMBER:

05892929 (England and Wales)

CURRENT ASSETS

Debtors

1,225

4,000

Cash at bank

2,950

4,382

4,175

8,382

CREDITORS

Amounts falling due within one year

4,076

11,692

NET CURRENT ASSETS/(LIABILITIES)

99

(3,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

99

(3,310

)

CAPITAL AND RESERVES

Called up share capital

2

103

103

Profit and loss account

(4

)

(3,413

)

SHAREHOLDERS' FUNDS

99

(3,310

)

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 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 12 September 2016 and were signed on its behalf by:

M Hornsey - 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 services, excluding value added tax.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

1

C Ordinary

£1

1

1

3

3

Allotted and issued:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Share capital 1

£1

100

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors introduced funds to and withdrew funds from the company by way of a directors'

loan account. This loan is interest free and repayable upon demand. At the year end you owe the company

£1,225 and this amount is included in debtors (2015: £8,103 and this amount is included in creditors).

4.	RELATED PARTY DISCLOSURES

Babbling Vagabonds Limited

A company in which the directors have a material interest.

During the year the company sold services to Babbling Vagabonds Limited to the value of £41,550 (2014:

£13,700) and at the year end £4,000 (2014: £2,000) is included in trade debtors.

At the year end the company owed Babbling Vagabonds Limited £3,238 (2014: £3,238) for expenses paid on

the company's behalf. The loan amount is interest free and repayable upon demand.

5.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors by their majority holding in the issued share capital of the

company.