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DJATA LTD
REGISTERED NUMBER: 09412121
ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2016
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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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 period 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 period 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 27 January 2017.
The notes on page 2 form part of these financial statements.
Page 1
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DJATA LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 JANUARY 2016
1.Accounting Policies
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Basis of preparation of financial statements
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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).
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At the balance sheet date the company had net liabilities and is dependent on the support of the directors who have confirmed their intention to support the company for the foreseeable future. On this basis the directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
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Stocks represent the cost of producing the film. Production costs are amortised to the profit and loss account over the period in which the rights to the relevant film is being exploited by the company.
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Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Profit and Loss Account.
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2.Share capital
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Allotted, called up and fully paid
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100 Ordinary shares of £1 each
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On incorproation, 100 ordinary shares of £1 each were issued at par for a cash consideration.
Page 2
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