HEAD_FOR_HEIGHTS_THEATRE_ - Accounts

HEAD FOR HEIGHTS THEATRE COMPANY LTD - Company Information

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Company Registration No. 07729801 (England and Wales)

HEAD FOR HEIGHTS THEATRE COMPANY LTD

A COMPANY LIMITED BY GUARANTEE

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2016

HEAD FOR HEIGHTS THEATRE COMPANY LTD

A COMPANY LIMITED BY GUARANTEE

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

HEAD FOR HEIGHTS THEATRE COMPANY LTD

A COMPANY LIMITED BY GUARANTEE

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 1 -

2016

2015

Notes

Current assets

Cash at bank and in hand

1,256

5,747

Creditors: amounts falling due within one year

(4,752)

(6,272)

Total assets less current liabilities

(3,496)

(525)

Capital and reserves

Profit and loss account

(3,496)

(525)

Shareholders' funds

(3,496)

(525)

For the financial year ended 31 August 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 4 April 2017

Ms S Dunderdale

Ms C Boyle

Director

Company Registration No. 07729801

HEAD FOR HEIGHTS THEATRE COMPANY LTD

A COMPANY LIMITED BY GUARANTEE

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 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 April 2008).

The company is dependant upon the continued support of the Directors, via the provision of an interest free loan. An undertaking has been given by the Directors that this facility, will not be sought until such time that retained profits have returned to a surplus.

1.2

Turnover

Turnover represents amounts receivable for theatre production services net of VAT and trade discounts.

1.3

The Legal status of the company

The company is a company limited by guarantee. Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up. The total number of such guarantees at 31st August 2015 was 3.

1.4

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.