ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

ZENTROPA MUSIC RIGHTS SERVICE LIMITED - Company Information

Print Friendly Version

Caseware UK (AP4) 2018.0.111 2018.0.111 2018-12-312018-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetruefilm and video productionfalse2018-01-01 SC232097 2018-01-01 2018-12-31 SC232097 2017-01-01 2017-12-31 SC232097 2018-12-31 SC232097 2017-12-31 SC232097 c:CompanySecretary1 2018-01-01 2018-12-31 SC232097 c:Director1 2018-01-01 2018-12-31 SC232097 c:Director4 2018-01-01 2018-12-31 SC232097 c:RegisteredOffice 2018-01-01 2018-12-31 SC232097 d:ShareCapital 2018-12-31 SC232097 d:ShareCapital 2017-12-31 SC232097 d:RetainedEarningsAccumulatedLosses 2018-12-31 SC232097 d:RetainedEarningsAccumulatedLosses 2017-12-31 SC232097 c:FRS102 2018-01-01 2018-12-31 SC232097 c:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 SC232097 c:FullAccounts 2018-01-01 2018-12-31 SC232097 c:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 iso4217:GBP xbrli:pure

        img2167.png










ZENTROPA MUSIC RIGHTS SERVICE LIMITED


Company registration number SC232097


FILING FINANCIAL STATEMENTS


FOR THE YEAR ENDED 31 DECEMBER 2018






























 
ZENTROPA MUSIC RIGHTS SERVICE LIMITED
 

CONTENTS



Page
Company Information
1
Balance Sheet
2
Notes to the Financial Statements
3 - 4


 
ZENTROPA MUSIC RIGHTS SERVICE LIMITED
 
 
COMPANY INFORMATION


Directors
Sarah Ann Wells 
Anders Serup Kjaerhauge 




Company secretary
Scott-Moncrieff



Registered number
SC232097



Registered office
25 Bothwell Street

Glasgow

G2 6NL




Accountants
Scott-Moncrieff
Chartered Accountants

25 Bothwell Street

Glasgow

G2 6NL




1
 
ZENTROPA MUSIC RIGHTS SERVICE LIMITED
REGISTERED NUMBER:SC232097

BALANCE SHEET
AS AT 31 DECEMBER 2018

2018
2017
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
5
5

  
5
5

Total assets less current liabilities
  
 
 
5
 
 
5

  

Net assets
  
5
5


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
4
4

  
5
5


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Section 1A 'Small Entities' of Financial Reporting Standard 102.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

As permitted by Section 444 of the Companies Act 2006, the directors have not delivered to the Registrar a copy of the company’s statement of income and retained earnings for the year ended 31 December 2018.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:



................................................
Sarah Ann Wells
Director

Date: 4 March 2019

The notes on pages 3 to 4 form part of these financial statements.

2

 
ZENTROPA MUSIC RIGHTS SERVICE LIMITED
 
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

1.


General information

The financial statements are presented in Pounds Sterling (GBP) as that is the currency in which the company's transactions are denominated. They comprise the financial statements of the company drawn up for the year ended 31 December 2018.
The continuing activity of Zentropa Music Rights Service Limited ('the company') is film and video production.
The company is a private company limited by shares incorporated in the United Kingdom and registered in Scotland. Details of the registered office can be found on the company information page of these financial statements. The company registration number is SC232097.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with applicable law and United Kingdom Accounting Standards including Section 1A 'Small Entities' of Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice applicable to Small Entities).
The preparation of financial statements in compliance with Section 1A ‘Small Entities’ of FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company accounting policies.
The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have considered a period of at least twelve months from the date on which these financial statements have been signed and, having considered all relevant information available to them, believe it is appropriate to prepare the financial statements on a going concern basis.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2017 - 2).

3

 
ZENTROPA MUSIC RIGHTS SERVICE LIMITED
 
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

4.


Taxation

There is no charge for corporation tax in the current or prior year.

 
4