ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

YOUNG FILM ACADEMY LIMITED - Company Information

Print Friendly Version

06506509 2015-02-01 false true 2016-01-312016-01-31 06506509 2015-02-01 2016-01-31 06506509 2016-01-31 06506509 2015-01-31 06506509 c:OrdinaryShareClass1 2016-01-31 06506509 c:OrdinaryShareClass1 2015-01-31 06506509 c:OrdinaryShareClass1 2015-02-01 2016-01-31 06506509 c:Director2 2015-02-01 2016-01-31 xbrli:shares iso4217:GBP

Registered number: 06506509









YOUNG FILM ACADEMY LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016
 
YOUNG FILM ACADEMY LIMITED
REGISTERED NUMBER: 06506509

ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2016

2016
2015
Note
£
£
£
£
 
CURRENT ASSETS





 
Debtors
91,894
19,426

 
Cash at bank

15,128
39,940







 
107,022
59,366
 
CREDITORS: amounts falling due within one year
(22,712)
(16,400)
 
NET CURRENT ASSETS


84,310

42,966
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 84,310

 42,966
  
CAPITAL AND RESERVES

 
Called up share capital
2
2
2
 
Profit and loss account
84,308
42,964
 
SHAREHOLDERS' FUNDS
 

 84,310

 42,966


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 January 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 25 January 2017.





J Walker
Director

The notes on page 2 form part of these financial statements.

Page 1
 
YOUNG FILM ACADEMY LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year.


2.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



2 Ordinary shares of £1 each
 2
 2

Page 2