PECAN PIE FILMS LIMITED - Abbreviated accounts

PECAN PIE FILMS LIMITED - Company Information

Registered number

07736493

PECAN PIE FILMS LIMITED

ABBREVIATED ACCOUNTS

31 AUGUST 2016

PECAN PIE FILMS LIMITED

ABBREVIATED BALANCE SHEET

as at 31 August 2016
Company Registration No.		07736493


Notes				2016			2015
£					£
Fixed assets
Tangible assets		2		1,956			402

Current assets
Debtors			301			240
Cash at bank and in hand			40,183			82,762
			40,484			83,002

Creditors: amounts falling due within one year			(41,999)			(51,401)

Net current (liabilities)/assets				(1,515)			31,601

Net assets				441			32,003

Capital and reserves
Called up share capital		3		100			100
Profit and loss account				341			31,903

Shareholder's funds				441			32,003

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

Director's responsibilities:
-	The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-	The director acknowledges her responsibilities for complying with the requirements of the act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).


Approved by the board on 10 April 2017



………………………………………
Tessa Morris
Director

PECAN PIE FILMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).


	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

	Fixtures, fittings and equipment			20% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

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


2	Tangible fixed assets					£

	Cost
	At 1 September 2015					2,884
	Additions					2,359
	At 31 August 2016					5,243

	Depreciation
	At 1 September 2015					2,482
	Charge for the year					805
	At 31 August 2016					3,287

	Net book value
	At 31 August 2016					1,956
	At 31 August 2015					402


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100