Company Registration No. 07565030 (England and Wales)
Mangrove Productions Limited
Unaudited abbreviated financial statements
For the year ended 31 March 2015
MANGROVE PRODUCTIONS LIMITED
Mangrove Productions Limited
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
MANGROVE PRODUCTIONS LIMITED
Mangrove Productions Limited
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
917
1,222
Current assets
Debtors
71
1,331
Cash at bank and in hand
7,357
12,409
7,428
13,740
Creditors: amounts falling due within one year
(4,569)
(9,690)
Net current assets
2,859
4,050
Total assets less current liabilities
3,776
5,272
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
3,775
5,271
Shareholders' funds
3,776
5,272
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 9 December 2015
L Crichlow
Director
Company Registration No. 07565030
MANGROVE PRODUCTIONS LIMITED
Mangrove Productions Limited
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014 & at 31 March 2015
2,896
Depreciation
At 1 April 2014
1,674
Charge for the year
305
At 31 March 2015
1,979
Net book value
At 31 March 2015
917
At 31 March 2014
1,222
MANGROVE PRODUCTIONS LIMITED
Mangrove Productions Limited
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1