3D_ENTERTAINMENT_DISTRIBU - Accounts

3D ENTERTAINMENT DISTRIBUTION LIMITED - Company Information

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Company Registration No. 05974610 (England and Wales)

3D ENTERTAINMENT DISTRIBUTION LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2016

3D ENTERTAINMENT DISTRIBUTION LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

3D ENTERTAINMENT DISTRIBUTION LTD

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

2016

2015

Notes

Fixed assets

Tangible assets

2,684

4,949

Current assets

Debtors

1,179,979

1,203,450

Cash at bank and in hand

66,707

95,777

1,246,686

1,299,227

Creditors: amounts falling due within one year

(1,439,162)

(1,626,757)

Net current liabilities

(192,476)

(327,530)

Total assets less current liabilities

(189,792)

(322,581)

Creditors: amounts falling due after more than one year

(107,994)

(297,786)

(322,581)

Capital and reserves

Called up share capital

194

Profit and loss account

(297,980)

(322,775)

Shareholders' funds

(297,786)

(322,581)

For the financial year ended 31 July 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 24 April 2017

J Farrow

Director

Company Registration No. 05974610

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3D ENTERTAINMENT DISTRIBUTION LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

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).

The financial statements have been prepared on a going concern basis dependent on the continued support of its related parties. The director considers it appropriate to prepare the financial statements on a going concern basis.

1.2

Turnover

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

1.3

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:

Fixtures, fittings & equipment

20% on cost

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 August 2015 & at 31 July 2016

29,672

Depreciation

At 1 August 2015

24,723

Charge for the year

2,265

At 31 July 2016

26,988

Net book value

At 31 July 2016

2,684

At 31 July 2015

4,949

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3D ENTERTAINMENT DISTRIBUTION LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

Debtors

Debtors include an amount of $62,819 (2015 - $0) which is due after more than one year.

Share capital

2016

2015

Allotted, called up and fully paid

194 Ordinary shares of $1 each

194

Ultimate parent company

3D Entertainment Films (Holdings) Ltd is regarded by the directors as being the company's ultimate parent company.

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