Ditch Productions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08469918 (England and Wales)

Financial Statements for the Year Ended 31 March 2018

for

Ditch Productions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I R Moore

J T Pidgeon

REGISTERED OFFICE:

380 Old Street

London

EC1V 9LT

REGISTERED NUMBER:

08469918 (England and Wales)

AUDITORS:

Armstrong & Co

Chartered Accountants & Statutory Auditors

4a Printing House Yard

Hackney Road

London

E2 7PR

SOLICITORS:

Colmon Coyle

Wells House

80 Upper Street

London

N1 0NU

CURRENT ASSETS

Debtors

4

-

2

Cash at bank

1,967

-

1,967

2

CREDITORS

Amounts falling due within one year

5

57,547

26,808

NET CURRENT LIABILITIES

(55,580

)

(26,806

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(55,580

)

(26,806

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(55,582

)

(26,808

)

SHAREHOLDERS' FUNDS

(55,580

)

(26,806

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 November 2018 and were signed on its behalf by:

J T Pidgeon - Director

1.	STATUTORY INFORMATION

Ditch 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.

Turnover

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

value added tax and other sales taxes.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

-

2

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

-

2,640

Trade creditors

9,283

16,105

Amounts owed to group undertakings

45,764

-

Taxation and social security

-

5,563

Other creditors

2,500

2,500

57,547

26,808

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Anthony Armstrong (Senior Statutory Auditor)

for and on behalf of Armstrong & Co

7.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns

to the tax authorities and assist with the preparation of the financial statements.

8.	POST BALANCE SHEET EVENTS

There were no significant post balance sheet events.

9.	ULTIMATE CONTROLLING PARTY

Ditch Productions Limited is wholly owned by Shoreditch Town Hall Trust, a company limited by guarantee (no:

03539597) and registered as a charity (no: 1069617).