7th Reel Pictures Ltd - Limited company - abbreviated - 11.0.0

7th Reel Pictures Ltd - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 07140799(England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

7TH REEL PICTURES LTD

7TH REEL PICTURES LTD (REGISTERED NUMBER: 07140799)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

7TH REEL PICTURES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTORS: J Cotton
T Ludlam





REGISTERED OFFICE: Canada House
272 Field End Road
Ruislip
Middlesex
HA4 9NA





REGISTERED NUMBER: 07140799(England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Canada House
272 Field End Road
Eastcote
Ruislip
Middlesex
HA4 9NA

7TH REEL PICTURES LTD (REGISTERED NUMBER: 07140799)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £   
CURRENT ASSETS
Cash at bank - 421

CREDITORS
Amounts falling due within one year 9,286 9,010
NET CURRENT LIABILITIES (9,286 ) (8,589 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,286 ) (8,589 )

CAPITAL AND RESERVES
Called up share capital 2 2 2
Profit and loss account (9,288 ) (8,591 )
SHAREHOLDERS' FUNDS (9,286 ) (8,589 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 17 December 2014and were signed on its behalf by:




T Ludlam- Director



J Cotton- Director


7TH REEL PICTURES LTD (REGISTERED NUMBER: 07140799)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company intends to cease trading at the year end and as such the financial statements have been prepared on a
breakup 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 April 2008).

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 2014 2013
value: £    £   
2 Ordinary £1 2 2