ACCOUNTS - Final Accounts

BLUE BOX CREATIVE MANAGEMENT LIMITED - Company Information

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Registered number: 05464541

BLUE BOX CREATIVE MANAGEMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2018

BLUE BOX CREATIVE MANAGEMENT LIMITED

REGISTERED NUMBER: 05464541

BALANCE SHEET

AS AT 31 MARCH 2018

		2018		2017
Note		£		£


Current assets
Debtors: amounts falling due within one year	3	5,254		8,906
Cash at bank and in hand		1,563		5,190
		6,817		14,096
Creditors: amounts falling due within one year	4	(5,957)		(10,240)
Net current assets			860		3,856
Total assets less current liabilities			860		3,856

Net assets			860		3,856

Capital and reserves
Called up share capital	2	2
Profit and loss account	858	3,854
	860	3,856

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 December 2018.

N Godfrey

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

BLUE BOX CREATIVE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

1.	General information

Blue Box Creative Management Limited is a private company limited by shares and incorporated in England. The address of the registered office is Top Floor, 80-81 St. Martin's Lane, London, WC2N 4AA.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of Commissions received during the year, exclusive of Value Added Tax.

2.3

Taxation

Tax is recognised in the statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Page 2

BLUE BOX CREATIVE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

2.Accounting policies (continued)

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Debtors

					2018	2017
					£	£


Trade debtors	3,950	7,603
Other debtors	1,304	1,303
	5,254	8,906

4.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Trade creditors	3,080	7,633
Other creditors	2,077	1,807
Accruals and deferred income	800	800
	5,957	10,240

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