Finest Hour Productions Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01974862 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

Finest Hour Productions Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Frewer

Mrs C Frewer

SECRETARY:

S G Robson

REGISTERED OFFICE:

Old Gun Court

North Street

Dorking

Surrey

RH4 1DE

REGISTERED NUMBER:

01974862 (England and Wales)

ACCOUNTANTS:

Mapperson Price, Chartered Accountants

Old Gun Court

North Street

Dorking

Surrey

RH4 1DE

FIXED ASSETS

Tangible assets

4

949

-

CURRENT ASSETS

Debtors

5

9,690

16,482

Cash at bank

12,852

2,579

22,542

19,061

CREDITORS

Amounts falling due within one year

6

11,724

11,436

NET CURRENT ASSETS

10,818

7,625

TOTAL ASSETS LESS CURRENT LIABILITIES

11,767

7,625

CREDITORS

Amounts falling due after more than one year

7

595

-

NET ASSETS

11,172

7,625

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11,072

7,525

SHAREHOLDERS' FUNDS

11,172

7,625

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

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

The financial statements were approved by the Board of Directors on 9 November 2018 and were signed on its behalf by:

T Frewer - Director

1.	STATUTORY INFORMATION

Finest Hour Productions Ltd. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

25% on cost

Plant and machinery etc

-

straight line over 3 years

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2017

12,650

10,464

23,114

Additions

-

1,423

1,423

Disposals

-

(1,599

)

(1,599

)

At 30 September 2018

12,650

10,288

22,938

DEPRECIATION

At 1 October 2017

12,650

10,464

23,114

Charge for year

-

474

474

Eliminated on disposal

-

(1,599

)

(1,599

)

At 30 September 2018

12,650

9,339

21,989

NET BOOK VALUE

At 30 September 2018

-

949

949

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

8,940

13,149

Prepayments and accrued income

750

3,333

9,690

16,482

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Tax

4,589

7,879

Social security and other taxes

103

-

VAT

5,791

2,798

Other creditors

714

-

Directors' current accounts

102

9

Accrued expenses

425

750

11,724

11,436

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Other loans - 2-5 years

595

-