Brown Cap Productions Limited - Accounts to registrar (filleted) - small 18.2

Unaudited Financial Statements

for the Year Ended 30 June 2018

for

Brown Cap Productions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Healy

SECRETARY:

L Healy

REGISTERED OFFICE:

106A Brondesbury Villas

London

NW6 6AD

REGISTERED NUMBER:

08116426 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

3

776

-

CURRENT ASSETS

Stocks

4

19,949

14,381

Debtors

5

-

3

Cash at bank

41

25

19,990

14,409

CREDITORS

Amounts falling due within one year

6

28,810

20,841

NET CURRENT LIABILITIES

(8,820

)

(6,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,044

)

(6,432

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

3,960

3,960

Retained earnings

(12,104

)

(10,492

)

SHAREHOLDERS' FUNDS

(8,044

)

(6,432

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 24 September 2018 and were signed by:

L Healy - Director

1.	STATUTORY INFORMATION

Brown Cap Productions 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.

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

-

33% on cost

Stocks

Stock represents rights acquired for resale and/or conversion into films. Stock is valued by the

directors at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,164

At 30 June 2018

1,164

DEPRECIATION

Charge for year

388

At 30 June 2018

388

NET BOOK VALUE

At 30 June 2018

776

4.

STOCKS

2018

2017

£

£

Work-in-progress

19,949

14,381

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Prepayments

-

3

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other loans (see note 7)

8,180

3,630

Directors' current accounts

20,130

16,211

Accruals and deferred income

500

1,000

28,810

20,841

7.

LOANS

An analysis of the maturity of loans is given below:

2018

2017

£

£

Amounts falling due within one year or on demand:

Other loans

8,180

3,630

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is L Healy.