Revelstoke Productions Limited - Abbreviated accounts 16.1
Revelstoke Productions Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30 September 2016 |
for |
REVELSTOKE PRODUCTIONS LIMITED |
REVELSTOKE PRODUCTIONS LIMITED (REGISTERED NUMBER: 09220546) |
Contents of the Abbreviated Accounts |
FOR THE YEAR ENDED 30 SEPTEMBER 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
REVELSTOKE PRODUCTIONS LIMITED |
Company Information |
FOR THE YEAR ENDED 30 SEPTEMBER 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
REVELSTOKE PRODUCTIONS LIMITED (REGISTERED NUMBER: 09220546) |
Abbreviated Balance Sheet |
30 SEPTEMBER 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Share premium |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors on |
REVELSTOKE PRODUCTIONS LIMITED (REGISTERED NUMBER: 09220546) |
Notes to the Abbreviated Accounts |
FOR THE YEAR ENDED 30 SEPTEMBER 2016 |
1. | ACCOUNTING POLICIES |
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 comprises the company's revenue in respect of production and exploitation of television programmes |
or films during the period exclusive of Value Added Tax. Fees are recognised once the right to the income has |
been earned. |
Stocks |
Stock is stated at the lower of cost and net realisable value. Cost comprises expenditure in respect of the |
development and production of television programmes or films. Net realisable value is the expected selling price |
or other cumulative income stream that is prudently anticipated from a programme after taking account of costs |
of completion and bringing it to market. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the |
timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 October 2015 | 2 |
Additions | 2 |
At 30 September 2016 | 4 |
NET BOOK VALUE |
At 30 September 2016 |
At 30 September 2015 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
£ | £ |
Aggregate capital and reserves | 1 | 18,670 |
(Loss)/profit for the year | (18,669 | ) | 18,669 |
REVELSTOKE PRODUCTIONS LIMITED (REGISTERED NUMBER: 09220546) |
Notes to the Abbreviated Accounts - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2016 |
2. | FIXED ASSET INVESTMENTS - continued |
Country of incorporation: USA |
Nature of business: |
% |
Class of shares: | holding |
Common Stock | 100.00 |
£ |
Aggregate capital and reserves | 1 |
Nature of business: |
% |
Class of shares: | holding |
Ordinary Shares | 100.00 |
£ |
Aggregate capital and reserves | 1 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
A Ordinary | £0.10 |
B Ordinary | £0.10 |
499,388 | 499,388 |
Details of the various share rights attached to each type of share capital is included in the Articles of Association |