THE_FESTIVAL_PLAYERS_(LOU - Accounts

FESTIVAL PLAYERS (LOUGHBOROUGH) LIMITED(THE) - Company Information

Print Friendly Version

Company Registration No. 01296537 (England and Wales)

THE FESTIVAL PLAYERS (LOUGHBOROUGH) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

THE FESTIVAL PLAYERS (LOUGHBOROUGH) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

THE FESTIVAL PLAYERS (LOUGHBOROUGH) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

300

Current assets

Cash at bank and in hand

39,812

49,832

Creditors: amounts falling due within one year

(750)

Net current assets

39,062

49,082

Total assets less current liabilities

39,362

49,382

Capital and reserves

Other reserves

400

Profit and loss account

38,962

48,982

Shareholders' funds

39,362

49,382

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 December 2016

J Malpas

D Gilbert

Director

Company Registration No. 01296537

THE FESTIVAL PLAYERS (LOUGHBOROUGH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

The company's turnover represents amounts received from ticket and programme sales.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Scenery, props & costumes

nil depreciation

1.5

Pensions

1.6

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost

At 1 July 2015 & at 30 June 2016

300

At 30 June 2015

300