Company Registration No. 7730096 (England and Wales)
Easel Film Limited
Unaudited accounts
for the year ended 31 August 2017
Easel Film Limited
Unaudited accounts
Contents
Easel Film Limited
Company Information
for the year ended 31 August 2017
Company Number
7730096 (England and Wales)
Registered Office
1 CLARENCE COURT
CLARENCE ROAD
LONDON
N22 8PH
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
Easel Film Limited
Statement of financial position
as at 31 August 2017
Tangible assets
16,160
11,840
Cash at bank and in hand
26,637
15,905
Creditors: amounts falling due within one year
(24,033)
(16,259)
Net current assets
42,109
41,898
Called up share capital
100
100
Profit and loss account
58,169
53,638
Shareholders' funds
58,269
53,738
For the year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 May 2018.
Iain Ovenden
Director
Company Registration No. 7730096
Easel Film Limited
Notes to the Accounts
for the year ended 31 August 2017
Easel Film Limited is a private company, limited by shares, registered in England and Wales, registration number 7730096. The registered office is 1 CLARENCE COURT, CLARENCE ROAD, LONDON, N22 8PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
At 1 September 2016
21,388
Easel Film Limited
Notes to the Accounts
for the year ended 31 August 2017
Trade debtors
39,505
42,252
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
22,437
16,017
Loans from directors
1,346
159
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
