Company Registration No. 03494029 (England and Wales)
NICO PRODUCTIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
NICO PRODUCTIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
NICO PRODUCTIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
442
590
Current assets
Debtors
-
1,525
Cash at bank and in hand
23,043
28,355
23,043
29,880
Creditors: amounts falling due within one year
(9,229)
(12,866)
Net current assets
13,814
17,014
Total assets less current liabilities
14,256
17,604
Provisions for liabilities
(88)
(118)
14,168
17,486
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
14,166
17,484
Shareholder's funds
14,168
17,486
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 April 2016
Miss S J Raworth
Director
Company Registration No. 03494029
NICO PRODUCTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Changes in accounting policies
There has been no impact on the financial statements from the adoption of the Financial Reporting Standard for Smaller Entities (effective January 2015) during the year.
1.3
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.4
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.5
Tangible fixed assets and depreciation
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% on reducing balance
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2015 & at 31 December 2015
1,400
Depreciation
At 1 January 2015
810
Charge for the year
148
At 31 December 2015
958
Net book value
At 31 December 2015
442
At 31 December 2014
590
NICO PRODUCTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary of £1 each
2
2
2015-12-312015-01-01falsetruetruetruetruetruetmpB654.html2016-05-18034940292015-01-012015-12-31034940292015-12-31034940292014-12-31034940292014-12-3103494029uk-bus:Director12015-01-012015-12-3103494029uk-gaap:ComputerEquipment2015-01-012015-12-3103494029uk-bus:OrdinaryShareClass12015-01-012015-12-3103494029uk-bus:OrdinaryShareClass12015-12-3103494029uk-bus:OrdinaryShareClass12014-12-31xbrli:purexbrli:sharesiso4217:GBP
