Company Registration No. 04740674 (England and Wales)
1185 Films Limited
Unaudited accounts
for the year ended 30 April 2019
1185 Films Limited
Unaudited accounts
Contents
1185 Films Limited
Company Information
for the year ended 30 April 2019
Director
Nicola Rosario Franco
Company Number
04740674 (England and Wales)
Registered Office
14 Hanbury Street
London
E1 6QR
England
Accountants
OD Accountants Ltd
Suite 213, The Pillbox
115 Coventry Rd
Bethnal Green
London
E2 6GG
1185 Films Limited
Statement of financial position
as at
30 April 2019
Tangible assets
9,309
9,745
Cash at bank and in hand
2,539
258
Creditors: amounts falling due within one year
(228,820)
(118,149)
Net current liabilities
(224,260)
(113,358)
Total assets less current liabilities
(214,951)
(103,613)
Creditors: amounts falling due after more than one year
(75,121)
(156,391)
Net liabilities
(290,072)
(260,004)
Called up share capital
1
1
Profit and loss account
(290,073)
(260,005)
Shareholders' funds
(290,072)
(260,004)
For the year ending 30 April 2019 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 30 January 2020.
Nicola Rosario Franco
Director
Company Registration No. 04740674
1185 Films Limited
Notes to the Accounts
for the year ended 30 April 2019
1185 Films Limited is a private company, limited by shares, registered in England and Wales, registration number 04740674. The registered office is 14 Hanbury Street, London, E1 6QR, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straightline
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2018
-
17,859
35,835
53,694
Additions
1,844
-
-
1,844
At 30 April 2019
1,844
17,859
35,835
55,538
At 1 May 2018
-
11,095
32,854
43,949
Charge for the year
323
1,361
596
2,280
At 30 April 2019
323
12,456
33,450
46,229
At 30 April 2019
1,521
5,403
2,385
9,309
At 30 April 2018
-
6,764
2,981
9,745
1185 Films Limited
Notes to the Accounts
for the year ended 30 April 2019
Accrued income and prepayments
-
1,966
Other debtors
2,021
2,021
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
26,359
18,059
Taxes and social security
2,675
10,364
Other creditors
198,586
-
Loans from directors
-
89,726
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
75,121
156,391
8
Average number of employees
During the year the average number of employees was 1 (2018: 1).