Abbreviated Company Accounts - NOVEL THEATRE COMPANY LIMITED

NOVEL THEATRE COMPANY LIMITED - Company Information

04503546 NOVEL THEATRE COMPANY LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 04503546 2015-09-01 2016-08-31 04503546 2016-08-31 04503546 2015-08-31 04503546 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 04503546 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 04503546

NOVEL THEATRE COMPANY LIMITED

Abbreviated Accounts

31 August 2016

NOVEL THEATRE COMPANY LIMITED Registered Number 04503546

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Current assets
Cash at bank and in hand		539,211	204,493
		539,211	204,493
Creditors: amounts falling due within one year		(2,332,806)	(2,331,547)
Net current assets (liabilities)		(1,793,595)	(2,127,054)
Total assets less current liabilities		(1,793,595)	(2,127,054)
Total net assets (liabilities)		(1,793,595)	(2,127,054)
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		(1,793,596)	(2,127,055)
Shareholders' funds		(1,793,595)	(2,127,054)

For the year ending 31 August 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 April 2017

And signed on their behalf by:
M N BENTLEY, Director

NOVEL THEATRE COMPANY LIMITED Registered Number 04503546

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 company meets its day to day working capital requirements through financial assistance provided by its director.

Turnover policy
Turnover represents amounts receivable for ticket sales net of VAT and trade discounts.

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1