Accounts filed on 30-12-2014

CINESCOPE ENTERTAINMENT LIMITED - Company Information

true 05883257 CINESCOPE ENTERTAINMENT LIMITED 2014-12-30 326317 320107 7595 100 1250 1570 335162 321777 10228 24345 324934 297432 324934 297432 1092705 1064006 -767771 -766574 100 100 -767871 -766674 -767771 -766574 true true true true 2015-09-30 Mr L Brazier true The financial statements have been prepared on a going concern basis, which is dependent on the company's directors continuing to support the company for the foreseeable future. The company had net current liabilities at the year end. The Director has prepared cash flow forecasts for the next twelve months for the company. This indicates that they will require support from other companies within the group and the ongoing support of a director in order to continue to meet their obligations as they fall due. The other group companies and a director have been providing support, as required, during and since the year end, and have confirmed they will continue to make such support as the company needs available as required over the foreseeable period. Based on the above, the director considers it appropriate to prepare the financial statements on a going concern basis. Turnover Turnover, stated net of value added tax, represents amounts invoiced to third parties. The company's turnover is derived from its principal activity in the United Kingdom and Republic of Ireland. Stocks Stocks are valued at lower of cost and net realisable value. Work in progress comprises development and distribution expenditure that is expected to be recoverable against future distribution and reimbursement. Where such expenses are not expected to generate future economic benefit, the expenses are written off to cost of sales. Acquisitions costs are carried forward where such costs are considered recoverable against future distribution income and reimbursement. Where such costs are not expected to generate future economic benefit or the costs first incurred in the film are more than three years old at the balance sheet date, the costs are written off to cost of sales. Deferred tax Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date except that the recognition of deferred tax assets is limited to the extent that the company anticipates to make sufficient taxable profits in the future to absorb the reversal of the underlying timing differences. Deferred tax balances are not discounted. Foreign currencies Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. Ultimate parent company The immediate parent company is Caparo Media Limited by virtue of its 100% ownership of the company's issued share capital. xbrli:shares xbrli:pure iso4217:GBP iso4217:GBP CINESCOPE ENTERTAINMENT LIMITED 2013-12-312014-12-30 CINESCOPE ENTERTAINMENT LIMITED 2012-12-31 2013-12-30 CINESCOPE ENTERTAINMENT LIMITED 2013-12-31 CINESCOPE ENTERTAINMENT LIMITED 2014-12-30 CINESCOPE ENTERTAINMENT LIMITED 2012-12-31 CINESCOPE ENTERTAINMENT LIMITED 2013-12-30 2015-09-30