Mark Crew Productions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08775915 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

MARK CREW PRODUCTIONS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M Crew

REGISTERED OFFICE:

Suites 12-14

3rd Floor Vantage Point

New England Road

Brighton

East Sussex

BN1 4GW

REGISTERED NUMBER:

08775915 (England and Wales)

ACCOUNTANT:

Will Taylor Limited

Suites 12-14

3rd Floor, Vantage Point

New England Road

Brighton

East Sussex

BN1 4GW

FIXED ASSETS

Tangible assets

4

25,039

23,086

CURRENT ASSETS

Debtors

5

321,717

151,316

Cash at bank

574,777

556,860

896,494

708,176

CREDITORS

Amounts falling due within one year

6

174,694

273,490

NET CURRENT ASSETS

721,800

434,686

TOTAL ASSETS LESS CURRENT LIABILITIES

746,839

457,772

PROVISIONS FOR LIABILITIES

7

4,757

4,502

NET ASSETS

742,082

453,270

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

742,081

453,269

SHAREHOLDERS' FUNDS

742,082

453,270

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

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

The financial statements were approved by the director on 28 January 2019 and were signed by:

M Crew - Director

1.	STATUTORY INFORMATION

Mark Crew 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.

Computer equipment

-

33.33% on cost

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

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 statement of financial position date.

DEFERRED TAXATION

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

statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2017

41,194

Additions

21,318

At 30 November 2018

62,512

DEPRECIATION

At 1 December 2017

18,108

Charge for year

19,365

At 30 November 2018

37,473

NET BOOK VALUE

At 30 November 2018

25,039

At 30 November 2017

23,086

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

12,746

41,456

Other debtors

308,971

108,577

Prepayments

-

1,283

321,717

151,316

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade creditors

7,882

10,870

Tax

97,842

71,056

Social security and other taxes

(1,272

)

(1,272

)

VAT

34,014

55,195

Directors' loan accounts

34,596

135,791

Accrued expenses

1,632

1,850

174,694

273,490

7.	PROVISIONS FOR LIABILITIES

30.11.18

30.11.17

£

£

Deferred tax

4,757

4,502

Deferred

tax

£

Balance at 1 December 2017

4,502

Provided during year

255

Balance at 30 November 2018

4,757

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2018 and

30 November 2017:

30.11.18

30.11.17

£

£

M Crew

Balance outstanding at start of year

(135,790

)

(11

)

Amounts advanced

258,277

104,598

Amounts repaid

(157,083

)

(240,377

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(34,596

)

(135,790

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M Crew.