Registered number
11417417
DNA Pictures Limited
Filleted Accounts
28 February 2022
DNA Pictures Limited
Registered number: 11417417
Balance Sheet
as at 28 February 2022
Notes 2022 2021
£ £
Current assets
Stocks 107,377 224,851
Debtors 4 2,283,574 1,418,365
Cash at bank and in hand 14,174 11,564
2,405,125 1,654,780
Creditors: amounts falling due within one year 5 (800,345) (568,332)
Net current assets 1,604,780 1,086,448
Total assets less current liabilities 1,604,780 1,086,448
Creditors: amounts falling due after more than one year 6 (1,604,779) (1,086,447)
Net assets 1 1
Capital and reserves
Called up share capital 1 1
Shareholder's funds 1 1
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Vaishalli Paatil
Director
Approved by the board on 31 August 2022
DNA Pictures Limited
Notes to the Accounts
for the year ended 28 February 2022
1 General Information
DNA Pictures Limited is a private limited company limited by shares and incorporated in the United Kingdom. Its registered office address is Suite 27, Winsor & Newton Building, Whitefriars Avenue Harrow, London HA35RN.
2 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
The Company has produced the film "Laila Manju" (the Film). The turnover recognised by the Company relates only to this Film.

Turnover represents assignment advances from the acquiring and financing commissioner and its associates in relation to the Film's production.
Stocks
Production cost of the Film at balance sheet date was carried forward on the basis that it is deemed recoverable from future revenue of the Film and during the current period, it has been transferred to cost of sales.

Film production costs incurred in production of the Film are recognised in the P&L account as cost of sales in the period in which they are incurred.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The tax credit claimed relates to the Film. Deferred tax asset based on timing differences is not applicable in respect of this Company's claim for film tax credit.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
3 Employees 2022 2021
Number Number
Average number of persons employed by the company 1 1
4 Debtors 2022 2021
£ £
Trade debtors 383,659 -
Other debtors 1,899,915 1,418,365
2,283,574 1,418,365
5 Creditors: amounts falling due within one year 2022 2021
£ £
Bank loans and overdrafts 47,533 50,000
Trade creditors 752,812 518,332
800,345 568,332
6 Creditors: amounts falling due after one year 2022 2021
£ £
Trade creditors 1,604,779 1,086,447
7 Loans 2022 2021
£ £
Creditors include:
Secured bank loans 47,533 50,000
[The Company had availed BBLS loan from the bank which secured by the Goverment]
8 Controlling party
Ms Vaishalli Paatil is the sole shareholder and the Person with significant control.
9 Other information
DNA Pictures Limited is a private company limited by shares and incorporated in England. Its registered office is:
Office Suite 27
Winsor & Newton Building, Whitefriars Avenue, Harrow Weald
HA3 5RN
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