Company Registration No. 06849699 (England and Wales)
Shambling Man Productions Limited
Unaudited accounts
for the year ended 31 March 2018
Shambling Man Productions Limited
Unaudited accounts
Contents
Shambling Man Productions Limited
Company Information
for the year ended 31 March 2018
Directors
C Gascoyne
C A Gascoyne
Company Number
06849699 (England and Wales)
Registered Office
APT 1408
The Heart, Media City
Manchester
M50 2TH
Accountants
Accounts Lab Ltd
The Leeming Building
Ludgate Hill
Leeds
West Yorkshire
LS2 7HZ
Shambling Man Productions Limited
Statement of financial position
as at 31 March 2018
Intangible assets
15,000
15,000
Tangible assets
5,756
4,836
Cash at bank and in hand
8,050
7,485
Creditors: amounts falling due within one year
(28,331)
(28,205)
Net current liabilities
(20,205)
(19,220)
Called up share capital
2
2
Profit and loss account
549
614
Shareholders' funds
551
616
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 November 2018.
C Gascoyne
Director
Company Registration No. 06849699
Shambling Man Productions Limited
Notes to the Accounts
for the year ended 31 March 2018
Shambling Man Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 06849699. The registered office is APT 1408, The Heart, Media City, Manchester, M50 2TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Shambling Man Productions Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2017
15,696
6,264
21,960
Disposals
(3,640)
-
(3,640)
At 31 March 2018
18,893
6,622
25,515
At 1 April 2017
12,014
5,110
17,124
Charge for the year
2,865
1,226
4,091
On disposals
(1,456)
-
(1,456)
At 31 March 2018
13,423
6,336
19,759
At 31 March 2018
5,470
286
5,756
At 31 March 2017
3,682
1,154
4,836
Shambling Man Productions Limited
Notes to the Accounts
for the year ended 31 March 2018
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
7,522
3,198
Taxes and social security
23,926
22,361
Loans from directors
(3,117)
396
At the balance sheet date, the directors had a loan amount owing to the company of £3,117 (2017: £396 owing to the directors). This was paid in full shortly after the year end.
8
Average number of employees
During the year the average number of employees was 2 (2017: 2).
