Fonteyn Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 08764307 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

FONTEYN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J E T Reeve

D A Shepherd

SECRETARY:

L K Macara

REGISTERED OFFICE:

3rd Floor

14 Floral Street

London

WC2E 9DH

REGISTERED NUMBER:

08764307 (England and Wales)

ACCOUNTANTS:

Shipleys LLP

Chartered Accountants

3 Godalming Business Centre

Woolsack Way

Godalming

Surrey

GU7 1XW

CURRENT ASSETS

Stocks

106,512

57,256

Debtors

3

11,265

761

Cash at bank

2,186

69,300

119,963

127,317

CREDITORS

Amounts falling due within one year

4

933

1,153

NET CURRENT ASSETS

119,030

126,164

TOTAL ASSETS LESS CURRENT LIABILITIES

119,030

126,164

CAPITAL AND RESERVES

Called up share capital

5

150,001

150,001

Retained earnings

(30,971

)

(23,837

)

SHAREHOLDERS' FUNDS

119,030

126,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 December 2017 and were signed on its behalf by:

J E T Reeve - Director

1.	STATUTORY INFORMATION

Fonteyn Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts are prepared in Sterling, which is the functional and presentational currency of the entity.

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 April 2015. Details of how FRS 102 has

affected the reported financial position and financial performance is given in note 10.

Significant judgements and estimates

The preparation of financial statements under FRS 102 requires the Company to make estimates and assumptions

that affect the application of policies and reported amounts. Estimates and judgements are continually evaluated

and are based on historical experience and other factors including expectations of future events that are believed

to be reasonable under the circumstances. Actual results may differ from these estimates. The estimates and

assumptions which have a risk of causing a material adjustment to the carrying amount of assets and liabilities

are discussed below.

The directors have considered the above and do not believe that there are any estimates or assumptions which

have a significant effect on the amounts recognised in the financial statements that require disclosure.

Stocks

Stock is stated at the lower of cost and net realisable value. Cost comprises expenditure in respect of the

development and production of television programmes or films. Net realisable value is the expected selling price

or other cumulative income stream that is prudently anticipated from a programme after taking account of costs

of completion and bringing it to market.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

11,265

761

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

450

158

Other creditors

483

995

933

1,153

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

150,000

A Ordinary shares

£1.00

150,000

150,000

1

B Ordinary shares

£1.00

1

1

150,001

150,001

Details of the various share rights attached to each type of share capital is included in the Articles of Association.

6.	RELATED PARTY DISCLOSURES

During the year the Company made purchases from companies under common control of £375 (2016: £Nil). As

at the year end date these companies under common control owed the Company £450 (2016: £Nil).

No further transactions were undertaken with related parties as such that are required to be disclosed under FRS

102.

7.	ULTIMATE CONTROLLING PARTY

The Directors do not consider there to be an ultimate controlling party of the Company.

8.	TRANSITION TO FRS 102

These are the first financial statements that comply with FRS 102. The Company transitioned to FRS 102 on 1

April 2015.

No transitional adjustments were required in equity or profit or loss for the year.