SCOTT FREE FILMS LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 JANUARY 2017 | |
SCOTT FREE FILMS LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JANUARY 2017 | |||
DIRECTOR | |||
L SCOTT | |||
J SCOTT | |||
C DUSI | |||
SECRETARY | |||
RWL Registrars Limited | |||
REGISTERED OFFICE | |||
134 Percival Road Enfield, Middx. EN1 1QU |
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COMPANY REGISTERED NUMBER | |||
03015176 | |||
ACCOUNTANTS | |||
Shulman & Company | |||
Chartered Accountants | |||
52 Redington Road London NW3 7RS |
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page 1 | |
SCOTT FREE FILMS LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JANUARY 2017 | |||
CONTENTS | |||
Pages | |||
3-4 | Abridged Statement of Financial Position | ||
5-7 | Notes to the Financial Statements | ||
page 2 | |
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Company registered number: |
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ABRIDGED STATEMENT OF FINANCIAL POSITION AT |
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Note | 2017 | 2016 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Equipment, Fixtures and Fittings |
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Investments in Subsidiaries |
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CURRENT ASSETS | |||||
Debtors |
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Financial Assets | 4 |
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Cash at Bank and In Hand |
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CREDITORS: Amounts falling due within one year | 5 |
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NET CURRENT LIABILITIES | ( |
( |
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NET LIABILITIES | (£ |
(£ |
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CAPITAL AND RESERVES | |||||
Called Up Share Capital |
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Retained Earnings | ( |
( |
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SHAREHOLDERS' FUNDS | (£ |
(£ |
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page 3 | |
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Company registered number: |
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ABRIDGED STATEMENT OF FINANCIAL POSITION AT |
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In approving these Financial Statements as Director of the company I hereby confirm the following: | |||
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All the Members have consented to the preparation of an abridged Statement of Financial Position for the Year ended 31 January 2017 in accordance with Section 444 (2A) of the Companies Act 2006 | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered |
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The Financial Statements were approved and authorised for issue by the Board of Directors on |
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Signed on behalf of the Board of Directors | |||
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page 4 | |
SCOTT FREE FILMS LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 JANUARY 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of Compliance | |||
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Registered Office: | ||||
Enfield, Middx. EN1 1QU |
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These Financial Statements are the first Financial Statements that comply with FRS 102. The date of transition is 1 February 2016. | ||||
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Basis of Accounting | ||||
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1c. | Revenue Recognition | |||
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1d. | Taxation | |||
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1e. | Equipment, Fixtures and Fittings | ||
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Fixtures and Fittings |
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Equipment |
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page 5 | |
SCOTT FREE FILMS LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JANUARY 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1f. | Foreign Currencies | |||
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1g. | Employee Benefits | |||
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2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the Year were as follows: | |||
2017 | 2016 | ||
No. | No. | ||
Management and Administration |
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3. | FIXED ASSETS | |||
Equipment | Investment | Total | ||
Fixures & | ||||
Fittings | ||||
£ | £ | £ | ||
Cost or valuation | ||||
At 1 February 2016 |
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54,042 | |
Additions |
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11,322 | |
Revaluation |
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2 | 2 | |
At 31 January 2017 |
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65,366 | |
Depreciation, | ||||
At 1 February 2016 |
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45,378 | |
For the Year |
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4,996 | |
At 31 January 2017 |
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50,374 | |
Net Book Value | ||||
At 31 January 2017 |
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At 31 January 2016 |
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page 6 | |
SCOTT FREE FILMS LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JANUARY 2017 |
4. | FINANCIAL ASSETS | 2017 | 2016 |
£ | £ | ||
Unlisted Investments |
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£ |
£ |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2017 | 2016 | ||
£ | £ | ||
Trade Creditors |
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Other Taxes and Social Security |
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Other Creditors |
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Accruals and Deferred Income |
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£ |
£ |
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page 7 |