Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Registered number: 09171888
Unaudited Financial Statements
For The Year Ended 31 August 2017
Nimbus Accounting Limited
Chartered Accountants
32 Church Road
Hove
East Sussex
BN3 2FN
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Unaudited Financial Statements
For The Year Ended 31 August 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Statement of Changes in Equity | 3 |
| Notes to the Financial Statements | 4—6 |
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Balance Sheet
As at
31 August 2017
Balance Sheet
Registered number:
09171888
For the year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 6 |
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| CURRENT ASSETS | |||||
| Debtors | 7 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 8 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 9 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 10 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 43,033 | 35,846 | |||
Page 1
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Balance Sheet (continued)
As at
31 August 2017
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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The notes on pages 4 to 6 form part of these financial statements.
Page 2
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Statement of Changes in Equity
For The Year Ended 31 August 2017
Statement of Changes in Equity
| Share Capital | Profit & Loss Account | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 1 September 2015 |
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17,874 |
| Profit for the year and total comprehensive income | - |
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89,972 |
| Dividends paid | - | (72,000) | (72,000) |
| As at 31 August 2016 and 1 September 2016 |
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35,846 |
| Profit for the year and total comprehensive income | - |
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39,187 |
| Dividends paid | - | (32,000) | (32,000) |
| As at |
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43,033 |
Page 3
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Notes to the Unaudited Accounts
For The Year Ended 31 August 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax 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 of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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| Fixtures & Fittings |
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1.4.
Deferred Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
1.5.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Average number of employees
Average number of employees, including directors, during the year was as follows:
| 2017 | 2016 | ||
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| Office and administration |
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Page 4
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 August 2017
6.
Tangible Assets
| Plant & Machinery | Fixtures & Fittings | Total | |
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| £ | £ | £ | |
| Cost | |||
| As at |
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| Additions |
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| Depreciation | |||
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| Provided during the period |
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| Net Book Value | |||
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7.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Other debtors |
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| Other taxes and social security |
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8.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Corporation tax |
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| VAT |
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| Other creditors |
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| Accruals and deferred income |
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| Director's loan account |
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Page 5
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited)
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 August 2017
9.
Deferred Taxation
| 2017 | 2016 | ||
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| £ | £ | ||
| As at |
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| Deferred taxation |
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| Deferred tax |
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The provision for deferred taxation is made up of accelerated capital allowances
11.
Transactions With and Loans to Directors
Dividends paid to directors
| 2017 | 2016 | |
|---|---|---|
| £ | £ | |
| Miss Rachelle Beinart | 32,000 | 72,000 |
12.
Related Party Transactions
Included in creditors is an amount of £341 (2016 - £99,592) which is owing to Miss Rachelle Beinart, the sole director and shareholder of the company.
Included within debtors is an amount of £11,652 which is due from Ms Camille Dell, the sister of Miss Rachelle Beinart. The loan was interest free, unsecured and repayable on demand.
13.
General Information
Shell Beinart Stunts Ltd (formerly known as Pocket Rocket Stunts Limited) Registered number 09171888 is a limited by shares company incorporated in England & Wales. The Registered Office is 40 Alpha Road, Chobham, Surrey, GU24 8NF.
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