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REGISTERED NUMBER: 09651574 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FOR

VORTEX FILMS LTD

VORTEX FILMS LTD (REGISTERED NUMBER: 09651574)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VORTEX FILMS LTD

COMPANY INFORMATION
for the Year Ended 30 June 2022







DIRECTORS: K A Lovett
M G Quirke





SECRETARY:





REGISTERED OFFICE: 2 High Street
Chobham
Woking
GU24 8AA





REGISTERED NUMBER: 09651574 (England and Wales)





ACCOUNTANTS: Kingfisher Business Advisors Ltd
Chartered Accountants
2 High St
Chobham
Woking
Surrey
GU24 8AA

VORTEX FILMS LTD (REGISTERED NUMBER: 09651574)

BALANCE SHEET
30 June 2022

30.6.22 30.6.21
Notes £    £   
CURRENT ASSETS
Stocks - 25,000
Debtors 4 15 579
Cash at bank 370 1,229
385 26,808
CREDITORS
Amounts falling due within one year 5 674 676
NET CURRENT (LIABILITIES)/ASSETS (289 ) 26,132
TOTAL ASSETS LESS CURRENT LIABILITIES (289 ) 26,132

CREDITORS
Amounts falling due after more than one year 6 - 20,000
NET (LIABILITIES)/ASSETS (289 ) 6,132

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 74,925 74,925
Retained earnings (75,314 ) (68,893 )
(289 ) 6,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by:





K A Lovett - Director


VORTEX FILMS LTD (REGISTERED NUMBER: 09651574)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Vortex Films Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Other debtors 15 579

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade creditors (1 ) 1
Other creditors 675 675
674 676

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.22 30.6.21
£    £   
Other creditors - 20,000