Company Registration No. SC469091 (Scotland)
FILM CUT POST LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2016
FILM CUT POST LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
FILM CUT POST LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2016
28 February 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,950
1,851
Current assets
Debtors
3,500
7,698
Cash at bank and in hand
-
561
3,500
8,259
Creditors: amounts falling due within one year
(4,449)
(2,389)
Net current liabilities/(assets)
(949)
5,870
Total assets less current liabilities
1,001
7,721
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
901
7,621
Shareholder's funds
1,001
7,721
For the financial year ended 28 February 2016 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 his 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 10 November 2016
Mr M Williams
Director
Company Registration No. SC469091
FILM CUT POST LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2016
- 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
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).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
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
20% Reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2015
2,314
Additions
587
At 28 February 2016
2,901
Depreciation
At 1 March 2015
463
Charge for the year
488
At 28 February 2016
951
Net book value
At 28 February 2016
1,950
At 28 February 2015
1,851
3
Share capital
2016
2015
£
£
Allotted and called up
100 Ordinary of £1 each
100
100
2016-02-282015-03-01falsetruetruetruetruetruetmp8105.html2016-11-10SC4690912015-03-012016-02-28SC4690912016-02-28SC4690912015-02-28SC4690912015-02-28SC469091uk-bus:Director12015-03-012016-02-28SC469091uk-gaap:ComputerEquipment2015-03-012016-02-28SC469091uk-bus:OrdinaryShareClass12015-03-012016-02-28SC469091uk-bus:OrdinaryShareClass12016-02-28SC469091uk-bus:OrdinaryShareClass12015-02-28xbrli:purexbrli:sharesiso4217:GBP
