Abbreviated Company Accounts - DAISY FILMS LIMITED

Abbreviated Company Accounts - DAISY FILMS LIMITED


Registered Number NI619924

DAISY FILMS LIMITED

Abbreviated Accounts

31 August 2015

DAISY FILMS LIMITED Registered Number NI619924

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 454 289
454 289
Current assets
Stocks - -
Debtors 13,360 36
Investments - -
Cash at bank and in hand 1,573 11,867
14,933 11,903
Prepayments and accrued income - -
Creditors: amounts falling due within one year (7,786) (12,100)
Net current assets (liabilities) 7,147 (197)
Total assets less current liabilities 7,601 92
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Total net assets (liabilities) 7,601 92
Capital and reserves
Called up share capital 10 10
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 7,591 82
Shareholders' funds 7,601 92
  • For the year ending 31 August 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 February 2016

And signed on their behalf by:
H Murray, Director

DAISY FILMS LIMITED Registered Number NI619924

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services net of trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment: 25% straight line

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Generally Accepted Accounting Practice), which have been applied consistently.

2Tangible fixed assets
£
Cost
At 1 September 2014 385
Additions 348
Disposals 0
Revaluations 0
Transfers 0
At 31 August 2015 733
Depreciation
At 1 September 2014 96
Charge for the year 183
On disposals 0
At 31 August 2015 279
Net book values
At 31 August 2015 454
At 31 August 2014 289