Limelight Entertainments (Productions) Ltd
Limelight Entertainments (Productions) Ltd
Registered number: 4239212
Financial Statements
For The Year Ended 30 June 2017
Coult & Co
Foremost House
Radford Way
Billericay
Essex
CM12 0BT
Limelight Entertainments (Productions) Ltd
Financial Statements
For The Year Ended 30 June 2017
Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Limelight Entertainments (Productions) Ltd
Balance Sheet
As at
30 June 2017
Balance Sheet
Registered number:
4239212
For the year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| Investments | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 1,000,179 | 690,510 | |||
Page 1
Limelight Entertainments (Productions) Ltd
Balance Sheet (continued)
As at
30 June 2017
Directors' responsibilities:
-
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. -
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 section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Limelight Entertainments (Productions) Ltd
Notes to the Unaudited Accounts
For The Year Ended 30 June 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 Financial Reporting Standard for Smaller Entities (effective January 2015).
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.
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.
3.
Tangible Assets
| Plant & Machinery | Fixtures & Fittings | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at |
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| Depreciation | |||
| As at |
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| Provided during the period |
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| As at |
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| Net Book Value | |||
| As at |
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Page 3
Limelight Entertainments (Productions) Ltd
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 June 2017
4.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
167,000 |
| Additions | 146,721 |
| Revaluations | (75,000) |
| As at |
238,721 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
238,721 |
| As at |
167,000 |
5.
Debtors
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| VAT Liability |
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| Amounts owed by group undertakings |
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6.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Credit Card |
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| Owed to Investors PPS |
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8.
Transactions With and Loans to Directors
Page 4
Limelight Entertainments (Productions) Ltd
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 June 2017
Dividends paid to directors
| 2017 | 2016 | |
|---|---|---|
| £ | £ | |
| Mr JOHN TROTTER | 3,139 | - |
| Mr RICHARD LEWIS | 5,000 | - |
| Mr MARTIN RONAN | 1,162 | - |
9.
Dividends
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
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| 11,636 | - | ||
10.
Controlling Party
The company's controlling party is Richard Lewis by virtue of his ownership of 43% of the issued share capital in the company.
Influential shareholders:
John Trotter 27%
Martin Ronan 10%
11.
General Information
Limelight Entertainments (Productions) Ltd Registered number 4239212 is a limited by shares company incorporated in England & Wales. The Registered Office is ROOM 1, FOREMOST HOUSE, RADFORD BUSINESS CENTRE, BILLERICAY, ESSEX, CM12 0BT.
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