Cine Parallel Limited - Accounts to registrar (filleted) - small 17.3

Cine Parallel Limited - Accounts to registrar (filleted) - small 17.3

CINE PARALLEL LIMITED - Company Information

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REGISTERED NUMBER: 05222537 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2017

for

Cine Parallel Limited
Cine Parallel Limited (Registered number: 05222537)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Cine Parallel Limited

Company Information
for the Year Ended 30 September 2017







DIRECTOR: F Urschitz





SECRETARY: F Urschitz





REGISTERED OFFICE: 2B Haddo Street
Greenwich
London
SE10 9RN





REGISTERED NUMBER: 05222537 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN
Page 1
Cine Parallel Limited (Registered number: 05222537)

Abridged Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,435 1,839

CURRENT ASSETS
Debtors 213 1,997
Cash at bank and in hand 1,078 237
1,291 2,234
CREDITORS
Amounts falling due within one year 31,377 4,944
NET CURRENT LIABILITIES (30,086 ) (2,710 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(27,651
)
(871
)

CREDITORS
Amounts falling due after more than one
year
-
27,327
NET LIABILITIES (27,651 ) (28,198 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (28,651 ) (29,198 )
SHAREHOLDERS' FUNDS (27,651 ) (28,198 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
Cine Parallel Limited (Registered number: 05222537)

Abridged Balance Sheet - continued
30 September 2017


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 18 February 2018 and were signed by:





F Urschitz - Director


The notes form part of these financial statements

Page 3
Cine Parallel Limited (Registered number: 05222537)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Cine Parallel 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.

At the balance sheet date the company's liabilities exceeded its assets by £27,651 (2016 - £28,198).

The company's working capital is provided by a loan from a director of £28,691 (2016 - £27,327), and
a shareholder loan. As the director is not seeking immediate repayment of his loan, and assuming
continued support from the other funder, the director has considered it appropriate to prepare these
accounts on a going concern basis.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2016 5,846
Additions 1,408
At 30 September 2017 7,254
DEPRECIATION
At 1 October 2016 4,007
Charge for year 812
At 30 September 2017 4,819
NET BOOK VALUE
At 30 September 2017 2,435
At 30 September 2016 1,839

Page 4