Company Registration No. 09281979 (England and Wales)
NEW REIGN PRODUCTIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2016
31 March 2016
NEW REIGN PRODUCTIONS LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3
NEW REIGN PRODUCTIONS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NEW REIGN PRODUCTIONS LIMITED FOR THE PERIOD ENDED 31 MARCH 2016
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The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of New Reign Productions Limited for the period ended 31 March 2016 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.
This report is made solely to the Board of Directors of New Reign Productions Limited, as a body, in accordance with the terms of our engagement letter dated 21 December 2016. Our work has been undertaken solely to prepare for your approval the financial statements of New Reign Productions Limited and state those matters that we have agreed to state to the Board of Directors of New Reign Productions Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than New Reign Productions Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that New Reign Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of New Reign Productions Limited. You consider that New Reign Productions Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of New Reign Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
CC Young & Co Limited
Chartered Accountants
4th Floor, East Wing, Chancery House
53-64 Chancery Lane
London
WC2A 1QS
21 December 2016
NEW REIGN PRODUCTIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT 31 MARCH 2016
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2016
Notes
£
£
Current assets
Debtors
3,685
Cash at bank and in hand
3,111
6,796
Creditors: amounts falling due within one year
(5,998)
Total assets less current liabilities
798
Capital and reserves
Called up share capital
2
100
Profit and loss account
698
Shareholders' funds
798
For the financial period ended 31 March 2016 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 period 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 and authorised for issue on 21 December 2016
Mrs H Safo
Director
Company Registration No. 09281979
NEW REIGN PRODUCTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2016
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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 January 2015).
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.
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Share capital
2016
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100