Viper film & television Limited
|
Registered number: |
03928670
|
Abbreviated Balance Sheet |
as at 31 March 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
- |
|
|
130,000 |
Tangible assets |
3 |
|
|
2,937,289 |
|
|
3,089,250 |
|
|
|
|
2,937,289 |
|
|
3,219,250 |
|
Current assets |
Debtors |
|
|
1,159,657 |
|
|
712,207 |
Cash at bank and in hand |
|
|
299,480 |
|
|
884,111 |
|
|
|
1,459,137 |
|
|
1,596,318 |
|
Creditors: amounts falling due within one year |
|
|
(1,669,123) |
|
|
(1,782,689) |
|
Net current liabilities |
|
|
|
(209,986) |
|
|
(186,371) |
|
Total assets less current liabilities |
|
|
|
2,727,303 |
|
|
3,032,879 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(1,221,081) |
|
|
(1,377,429) |
|
|
|
Net assets |
|
|
|
1,506,222 |
|
|
1,655,450 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
5 |
|
|
195 |
|
|
195 |
Profit and loss account |
|
|
|
1,506,027 |
|
|
1,655,255 |
|
Shareholders' funds |
|
|
|
1,506,222 |
|
|
1,655,450 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
J N E B Linnen |
Director |
Approved by the board on 31 December 2015
|
|
Viper film & television Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with the financial Reporting Standard or Smaller Entities (effective April 2008)
|
|
|
Turnover |
|
Turnover represents the commissions recievable net of VAT and trade discounts.
|
|
|
Depreciation |
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
|
|
Long Leasehold |
in accordance with the property
|
|
Fixtures And Fittings |
15% on cost. 10% on cost and not provided
|
|
|
Goodwill |
|
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 10 years. |
|
|
Deferred taxation |
|
Deferred taxation is recognised in respect of all timing differences that have originated but not reserved at the balance sheet date. |
|
|
Leasing and hire purchase commitments |
|
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
1,300,000 |
|
At 31 March 2015 |
1,300,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2014 |
1,170,000 |
|
Provided during the year |
130,000 |
|
At 31 March 2015 |
1,300,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
- |
|
At 31 March 2014 |
130,000 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
4,441,047 |
|
Additions |
25,716 |
|
Disposals |
(11,799) |
|
At 31 March 2015 |
4,454,964 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
1,351,797 |
|
Charge for the year |
171,411 |
|
On disposals |
(5,533) |
|
At 31 March 2015 |
1,517,675 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
2,937,289 |
|
At 31 March 2014 |
3,089,250 |
|
|
|
|
|
|
|
|
4 |
Loans |
2015 |
|
2014 |
£ |
£ |
|
Creditors include: |
|
Secured bank loans |
1,489,929 |
|
1,605,706 |
|
|
|
|
|
|
|
|
|
|
5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
195 |
|
195 |
|
195 |
|
|
|
|
|
|
|
|
|
|
6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
J N E B Linnen
|
|
Loan to the director
|
541,679 |
|
228,191 |
|
(58,935) |
|
710,935 |
|
|
|
541,679 |
|
228,191 |
|
(58,935) |
|
710,935 |
|
|
|
|
|
|
|
|
|