Machine Productions Limited - Accounts to registrar (filleted) - small 17.3

Machine Productions Limited - Accounts to registrar (filleted) - small 17.3

MACHINE PRODUCTIONS LIMITED - Company Information

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Machine Productions Limited

Financial Statements for the Year Ended 31 March 2017






Machine Productions Limited

Company Information
for the Year Ended 31 March 2017







DIRECTORS: J F Dauncey
J A Steventon





SECRETARY: M Holloway





REGISTERED OFFICE: 1 Worleton
Dyffryn
Cardiff
CF5 6SW





REGISTERED NUMBER: 06265422





ACCOUNTANTS: BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA
1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Machine Productions Limited


The following reproduces the text of the report prepared for the directors in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act
2006, the company is only required to file a Balance Sheet. Readers are cautioned that the
Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for
your approval the financial statements of Machine Productions Limited for the year ended
31 March 2017 which comprise the Profit and Loss, Balance Sheet and the related notes from the
company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Machine Productions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Machine Productions Limited and state those matters that we have agreed to state to the Board of Directors of Machine Productions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Machine Productions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Machine Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Machine Productions Limited. You consider that Machine Productions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Machine Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BPU Limited
Chartered Accountants


20 December 2017

This page does not form part of the statutory financial statements

2
Machine Productions Limited (Registered number: 06265422)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 - -
Investments 3 1 1
1 1

CURRENT ASSETS
Debtors 4 139,315 139,315

CREDITORS
Amounts falling due within one year 5 39,066 38,393
NET CURRENT ASSETS 100,249 100,922
TOTAL ASSETS LESS CURRENT
LIABILITIES
100,250
100,923

CAPITAL AND RESERVES
Called up share capital 154 154
Share premium 202,446 202,446
Retained earnings (102,350 ) (101,677 )
SHAREHOLDERS' FUNDS 100,250 100,923

The notes form part of these financial statements

3
Machine Productions Limited (Registered number: 06265422)

Balance Sheet - continued
31 March 2017


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2017 and were
signed on its behalf by:





J F Dauncey - Director


The notes form part of these financial statements

4
Machine Productions Limited (Registered number: 06265422)

Notes to the Financial Statements
for the Year Ended 31 March 2017


1. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 50% reducing balance

Film production costs included in fixed assets on film completion are depreciated in line with
income on a pound for pound basis.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

2. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2016
and 31 March 2017 5,999
DEPRECIATION
At 1 April 2016
and 31 March 2017 5,999
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5
Machine Productions Limited (Registered number: 06265422)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017


3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2016
and 31 March 2017 1
NET BOOK VALUE
At 31 March 2017 1
At 31 March 2016 1

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2017 2016
£    £   
Amounts owed by group undertakings 139,315 139,315

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors & accruals 39,066 38,393

6