ACCOUNTS - Final Accounts

SCIENTIFIC PRESS LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2017-10-312017-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalsepublishers of technical and scientific books and journalsfalse2016-11-01 00468855 2016-11-01 2017-10-31 00468855 2017-10-31 00468855 2016-10-31 00468855 c:Director1 2016-11-01 2017-10-31 00468855 d:FurnitureFittings 2016-11-01 2017-10-31 00468855 d:FurnitureFittings 2017-10-31 00468855 d:FurnitureFittings 2016-10-31 00468855 d:FurnitureFittings d:OwnedOrFreeholdAssets 2016-11-01 2017-10-31 00468855 d:ComputerEquipment 2016-11-01 2017-10-31 00468855 d:ComputerEquipment 2017-10-31 00468855 d:ComputerEquipment 2016-10-31 00468855 d:ComputerEquipment d:OwnedOrFreeholdAssets 2016-11-01 2017-10-31 00468855 d:OwnedOrFreeholdAssets 2016-11-01 2017-10-31 00468855 d:CurrentFinancialInstruments 2017-10-31 00468855 d:CurrentFinancialInstruments 2016-10-31 00468855 d:Non-currentFinancialInstruments 2017-10-31 00468855 d:Non-currentFinancialInstruments 2016-10-31 00468855 d:CurrentFinancialInstruments d:WithinOneYear 2017-10-31 00468855 d:CurrentFinancialInstruments d:WithinOneYear 2016-10-31 00468855 d:Non-currentFinancialInstruments d:AfterOneYear 2017-10-31 00468855 d:Non-currentFinancialInstruments d:AfterOneYear 2016-10-31 00468855 d:ShareCapital 2017-10-31 00468855 d:ShareCapital 2016-10-31 00468855 d:RetainedEarningsAccumulatedLosses 2017-10-31 00468855 d:RetainedEarningsAccumulatedLosses 2016-10-31 00468855 c:FRS102 2016-11-01 2017-10-31 00468855 c:AuditExempt-NoAccountantsReport 2016-11-01 2017-10-31 00468855 c:FullAccounts 2016-11-01 2017-10-31 00468855 c:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31 iso4217:GBP xbrli:pure

Company registration number: 00468855

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 OCTOBER 2017

	TECHNICAL PRODUCTIONS (LONDON) LIMITED


TECHNICAL PRODUCTIONS (LONDON) LIMITED REGISTERED NUMBER:00468855

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2017

		2017		2016
Note		£		£

Fixed assets
Tangible assets	4		7,072		8,647
Investments	5		690		690
			7,762		9,337
Current assets
Debtors: amounts falling due within one year	6	9,931		37,266
Cash at bank and in hand		93,169		88,230
		103,100		125,496
Creditors: amounts falling due within one year	7	(19,390)		(22,073)
Net current assets			83,710		103,423
Total assets less current liabilities			91,472		112,760
Creditors: amounts falling due after more than one year	8		(18,028)		(18,028)

Net assets			73,444		94,732

Capital and reserves
Called up share capital	3,998	3,998
Profit and loss account	69,446	90,734
	73,444	94,732

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

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TECHNICAL PRODUCTIONS (LONDON) LIMITED REGISTERED NUMBER:00468855

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2017

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J N H Tiratsoo

Director

Date: 27 April 2018

The notes on pages 3 to 6 form part of these financial statements.

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TECHNICAL PRODUCTIONS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

1.	General information

Technical Productions (London) Limited is a company limited by shares incorporated in England and Wales.
The trading address is PO Box 21, 4 Burkes Parade, Beaconsfield, Buckinghamshire, HP9 1NS.
The significant accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Information on the impact of first-time adoption of FRS 102 is given in note 9.

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the
year, exclusive of Value Added Tax and trade discounts. Income is recognised at the end of the contract.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the most appropriate basis.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	15%	Reducing balance
				Computer equipment	-	25%	Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each Statement of Financial Position date. Gains and losses on remeasurement are recognised in profit or loss for the period.

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TECHNICAL PRODUCTIONS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

2.Accounting policies (continued)

2.5

Foreign currency translation

Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.6

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Employees

The average monthly number of employees, including the directors, during the year was 2 (2016 - 2).

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 November 2016	5,209	32,372	37,581
Additions	-	506	506
At 31 October 2017	5,209	32,878	38,087
Depreciation
At 1 November 2016	3,139	25,795	28,934
Charge for the year on owned assets	311	1,770	2,081
At 31 October 2017	3,450	27,565	31,015
Net book value
At 31 October 2017	1,759	5,313	7,072
At 31 October 2016	2,070	6,577	8,647

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TECHNICAL PRODUCTIONS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

5.	Fixed asset investments

		Shares in group undertakings
		£
	Cost or valuation
	At 1 November 2016	690
	At 31 October 2017	690

	Net book value
	At 31 October 2017	690
	At 31 October 2016	690

Debtors

					2017	2016
					£	£


Trade debtors	1,503	24,796
Other debtors	-	3,650
Prepayments and accrued income	8,428	8,820
	9,931	37,266

7.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Trade creditors	3,138	5,947
Other taxation and social security	12,683	12,626
Other creditors	69	-
Accruals and deferred income	3,500	3,500
	19,390	22,073

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TECHNICAL PRODUCTIONS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

8.	Creditors: Amounts falling due after more than one year
		2017	2016
		£	£

Other creditors	18,028	18,028
	18,028	18,028

9.	First time adoption of FRS 102 The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

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