| 1. Statutory Information |
| Chris Young Films Silent Roar Ltd is a private company, limited by shares, registered in Scotland, registration number SC664485. |
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| 2. Accounting Policies |
| Basis of preparing the Financial Statements |
| The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.Significant estimation techniques adopted - Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the production as noted in the turnover note following. |
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| Presentation Currency |
| The accounts are presented in £ sterling. |
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| Turnover |
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| Turnover relates to the production of the film "Silent Roar". It represents the value of the work done in the period, including estimates of amounts not invoiced and is stated after trade discounts and is net of VAT.Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable. |
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