Company Registration No. 10911909 (England and Wales)
DIGITAL CINEMA SYSTEMS LIMITED
Annual report and Statement of accounts
for the Period from 01 January 2021 to 31 December 2021

DIGITAL CINEMA SYSTEMS LIMITED

Annual report and statement of accounts for the period ending 31/12/2021

DIGITAL CINEMA SYSTEMS LIMITED

Financial statement for the period ended 31/12/2021

Company Information

1 Statutory Information
Company Number 10911909
Registered Office 18 FOXHILL CRESCENT, CAMBERLEY
SURREY
GU15 1PR
2 Directors
Directors who held office during the period were:
Karl Vincent ANDERSON
3 Principal Activity
The principal activity of the company during the year under review was sale of digital cinema equipment Going Concern The impacts of Covid-19 throughout 2020/21 have seen many operators in the cinema exhibition market close their doors to the public for prolonged periods of time. Not all cinema sites have or will re-open creating an excess of cinema projection equipment at a time when demand is supressed due to the financial burdens incurred during the pandemic. This has a material effect on Digital Cinema Systems Ltd and its ability to sell its solutions to the extent that the company intends to cease trading during the next financial year.
4 Employees
Average number of employees, including directors, during the year was as follows:
2021 1
2020 1

DIGITAL CINEMA SYSTEMS LIMITED

Financial statement for the period ended 31/12/2021

Statement of Financial Position

2021 2020
£ £
Fixed Assets - -
Current Assets 1,125 46,488
Prepayment and accrued Income 63,750 63,750
Creditors: amounts falling due within one year (65,462) (404,846)
Net Current Assets (587) (294,608)
Total assets less current liabilities (587) (294,608)
Creditors: amounts falling due after one year - -
Accruals and deferred income (1,600) (998)
Net Assets (2,187) (295,606)
Capital and reserves (2,187) (295,606)
For the period ending 31/12/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on 13 September 2022
Karl Anderson
Company Registration No. 10911909