Accounts filed on 31-10-2015


Registered number: 6320436






David Fairhead Film Editing Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015
























Prepared By:
Breckman & Company
Chartered Certified Accountants
49 South Molton Street
London
W1K 5LH


David Fairhead Film Editing Limited


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 October 2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 6320436


Registered Number: 6320436

BALANCE SHEET AT 31 OCTOBER 2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Intangible assets	2		5,000		7,500
Tangible assets	3		1,993		952

			6,993		8,452

CURRENT ASSETS
Debtors (amounts falling due within one year)		20,689		19,245
Cash at bank and in hand		1		1
		20,690		19,246
CREDITORS: Amounts falling due within one year		26,326		26,744
NET CURRENT LIABILITIES			(5,636)		(7,498)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,357		954

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			1,257		854
SHAREHOLDERS' FUNDS			1,357		954

For the year ending 31 October 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 29 July 2016 and signed on their behalf by




David Fairhead
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		straight line 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 10 years Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




5. TRANSACTIONS WITH DIRECTORS
At the balance sheet date David Fairhead owed the company £7,597 (2014 - £11,378) The highest amount outstanding at any time during the year was £11,378.