Scena Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04371676

Abbreviated Unaudited Accounts

for the Period 1 December 2014 to 31 March 2016

for

Scena Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D J Thompson

P A Norman

M Hubbard

P Winder

SECRETARY:

Mrs J Power

REGISTERED OFFICE:

Rectory House

Main Street

Beckley

East Sussex

TN31 6RS

REGISTERED NUMBER:

04371676

ACCOUNTANTS:

Rectory Accounting Limited

Rectory House

Main Street

Beckley

East Sussex

TN31 6RS

CURRENT ASSETS

Stocks

324,453

-

Debtors

337,323

-

Cash at bank and in hand

520,051

1

1,181,827

1

CREDITORS

Amounts falling due within one year

1,677,966

-

NET CURRENT (LIABILITIES)/ASSETS

(496,139

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

(496,139

)

1

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

(496,140

)

-

SHAREHOLDERS' FUNDS

(496,139

)

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2016 and were signed on its behalf by:

D J Thompson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company had a deficit on the balance sheet of £496,139 at the period end which has been funded by the ultimate

parent undertaking and the directors. The ultimate parent undertaking and the directors have indicated their willingness to

continue to provide this support and the accounts have therefore been prepared on the going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

30.11.14

value:

£

1

Ordinary

1

3.	ULTIMATE PARENT COMPANY

Scena Holdings Limited is regarded by the directors as being the company's ultimate parent company.