Company Registration No. SC363412 (Scotland)
Drummerboy Films Ltd
Unaudited accounts
for the year ended 31 August 2017
Drummerboy Films Ltd
Unaudited accounts
Contents
Drummerboy Films Ltd
Company Information
for the year ended 31 August 2017
Company Number
SC363412 (Scotland)
Registered Office
11 LINWOOD AVENUE
CLARKSTON
GLASGOW
G76 8BZ
SCOTLAND
Accountants
TaxKings Ltd
40a Speirs Wharf
Glasgow
G4 9TH
Drummerboy Films Ltd
Statement of financial position
as at
31 August 2017
Tangible assets
744
1,111
Cash at bank and in hand
2,278
50
Creditors: amounts falling due within one year
(11,568)
(12,817)
Net current liabilities
(9,290)
(12,767)
Net liabilities
(8,546)
(11,656)
Called up share capital
1
1
Profit and loss account
(8,547)
(11,657)
Shareholders' funds
(8,546)
(11,656)
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 30 May 2018.
Scott Mackenzie
Director
Company Registration No. SC363412
Drummerboy Films Ltd
Notes to the Accounts
for the year ended 31 August 2017
Drummerboy Films Ltd is a private company, limited by shares, registered in Scotland, registration number SC363412. The registered office is 11 LINWOOD AVENUE, CLARKSTON, GLASGOW, G76 8BZ, SCOTLAND.
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.
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:
Computer equipment
33% Reducing balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2016
1,659
Drummerboy Films Ltd
Notes to the Accounts
for the year ended 31 August 2017
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
452
-
Loans from directors
11,116
12,817
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).