Click Films (Midlands) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07736980 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

CLICK FILMS (MIDLANDS) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr S Clark

Mr J Ross

Mr J Clarke

REGISTERED OFFICE:

9 Norfolk Park

Arnold

Nottinghamshire

NG5 6PN

REGISTERED NUMBER:

07736980 (England and Wales)

ACCOUNTANTS:

Cobb Burgin & Co

Chartered Accountants

129a Middleton Boulevard

Wollaton Park

Nottingham

NG8 1FW

CURRENT ASSETS

Stocks

264

-

Debtors

68

1,690

Cash at bank and in hand

1,255

580

1,587

2,270

CREDITORS

Amounts falling due within one year

(1,514

)

(2,186

)

NET CURRENT ASSETS

73

84

TOTAL ASSETS LESS CURRENT
LIABILITIES

73

84

CAPITAL AND RESERVES

Called up share capital

2

3

Profit and loss account

70

81

SHAREHOLDERS' FUNDS

73

84

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 May 2017 and were signed on its behalf
by:

Mr S Clark - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

3

Ordinary

£1

3

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year a loan was owed from the company to Mr S.Clarke,a director. The balance outstanding at

August 31,2016 was £540, the maximum balance was £1,322 and the opening balance was £1,322.

During the year a loan was owed from the company to Mr J.Ross,a director. The balance outstanding at

August 31,2016 was £67, the maximum balance was £67 and the opening balance was £49.