Tangram Theatre Company Limited - Accounts

Tangram Theatre Company Limited - Accounts

TANGRAM THEATRE COMPANY LIMITED - Company Information

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Tangram Theatre Company Limited 06199290 Performing Arts false 1 May 2016 06199290 2016-05-01 2017-04-30 06199290 2016-04-30 06199290 2017-04-30 06199290 2015-05-01 2016-04-30 06199290 2015-04-30 06199290 2016-04-30 06199290 frs102-bus:FRS102 2016-05-01 2017-04-30 06199290 frs102-bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30 06199290 frs102-bus:FullAccounts 2016-05-01 2017-04-30 06199290 frs102-bus:AuditExempt-NoAccountantsReport 2016-05-01 2017-04-30 06199290 frs102-core:CurrentFinancialInstruments 2017-04-30 06199290 frs102-core:CurrentFinancialInstruments 2016-04-30 06199290 frs102-core:Non-currentFinancialInstruments 2017-04-30 06199290 frs102-core:Non-currentFinancialInstruments 2016-04-30 06199290 frs102-core:ShareCapital 2017-04-30 06199290 frs102-core:ShareCapital 2016-04-30 06199290 frs102-core:RetainedEarningsAccumulatedLosses 2017-04-30 06199290 frs102-core:RetainedEarningsAccumulatedLosses 2016-04-30 06199290 frs102-bus:Director1 2016-05-01 2017-04-30 06199290 frs102-core:CurrentFinancialInstruments 2016-05-01 2017-04-30 06199290 frs102-core:Non-currentFinancialInstruments 2016-05-01 2017-04-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06199290
Tangram Theatre Company Limited
Unaudited Accounts
for the year ended
30 April 2017
Tangram Theatre Company Limited
Balance Sheet
as at 30 April 2017
Notes
 2017
£		 2016
£
Current assets
Debtors 16,708 26,392
Cash at bank and in hand 33,938 17,229
50,646 43,621
Prepayments and accrued income: 0 79
Creditors: amounts falling due within one year 2 22,692 25,842
Net current assets / (liabilities) 27,954 17,858
Total assets less current liabilities 27,954 17,858
Creditors: amounts falling due after more than one year 3 59,893 60,091
Accruals and deferred income (270) (0)
Total net assets (liabilities) (32,209) (42,233)
Capital and reserves
Called up share capital 100 100
Profit and loss account (32,309) (42,333)
Shareholders' funds (32,209) (42,233)

Tangram Theatre Company Limited
Balance Sheet
as at 30 April 2017



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 30 April 2017 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.

Signed on behalf of the board of directors

...............................

D Goldman

Director


Approved by the board on 10 August 2017

Company No: 06199290 (England and Wales)


Tangram Theatre Company Limited
Notes to the Accounts
for the year ended 30 April 2017

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Changes in accounting standards, policies and estimates
The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
2. Creditors: amounts falling due within one year
2017 2016
£ £
Trade creditors 22,692 25,342
22,692 25,842

The bulk of these trade creditors is percentage commission of £17,163 acrrued over the previous 3 tax years owed to D Goldman as director and co-creator of the theatre shows that are produced, rather than as Director of the company, for which he does not draw a wage. He is leaving the money in the account for cashflow purposes.


3. Creditors: amounts falling due after one year
2017 2016
£ £
Other 59,893 60,091
59,893 60,091

There is an outstanding loan of £23,101 to Mr S. Goldman plus £36,792 owed to Director Daniel Goldman from money invested to cover historic losses.