Scena Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 04371676

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Scena Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

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

6,305

324,453

Debtors

4

941,362

337,323

Cash at bank and in hand

655,860

520,051

1,603,527

1,181,827

CREDITORS

Amounts falling due within one year

5

1,924,865

1,677,966

NET CURRENT LIABILITIES

(321,338

)

(496,139

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(321,338

)

(496,139

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(321,339

)

(496,140

)

SHAREHOLDERS' FUNDS

(321,338

)

(496,139

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 May 2017 and were signed on its behalf by:

D J Thompson - Director

1.	STATUTORY INFORMATION

Scena Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company had a deficit on the balance sheet of £353,298 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

843,621

256,532

Other debtors

97,741

80,791

941,362

337,323

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

740,929

604,704

Taxation and social security

56,520

145,161

Other creditors

1,127,416

928,101

1,924,865

1,677,966

6.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial

Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly

owned subsidiaries within the group.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D J Thompson by virtue of his controlling shareholding in the ultimate parent company.