2022-01-01 SC493447 2022-12-31 SC493447 2022-01-01 2022-12-31 SC493447 2021-12-31 SC493447 2021-01-01 2021-12-31 SC493447 uk-core:WithinOneYear 2021-12-31 SC493447 uk-core:WithinOneYear 2022-12-31 SC493447 uk-core:ShareCapital 2022-12-31 SC493447 uk-core:ShareCapital 2021-12-31 SC493447 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 SC493447 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 SC493447 uk-bus:Director1 2022-01-01 2022-12-31 SC493447 uk-core:FurnitureFittingsToolsEquipment 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure SC493447 uk-bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 SC493447 uk-bus:FRS102 2022-01-01 2022-12-31 SC493447 uk-bus:FullAccounts 2022-01-01 2022-12-31 SC493447 uk-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31
Ally Bally Productions Ltd
Registered Number:SC493447
For the year ended 31 December 2022
Scotland
Unaudited Financial Statements
2
Registered Number :
SC493447
As at 31 December 2022
Ally Bally Productions Ltd
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
572
673
2
572
673
Current assets
Trade and other receivables
12,719
-
3
12,173
Cash and cash equivalents
41,863
41,863
24,892
Trade and other payables: amounts falling due within one year
(27,016)
(40,509)
4
(2,124)
1,354
Net current assets
Total assets less current liabilities
1,926
(1,451)
1,926
Net assets/liabilities
(1,451)
Capital and reserves
Called up share capital
1
1
Retained earnings
1,925
(1,452)
1,926
(1,451)
Shareholders' funds
For the year ended 31 December 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Arthur Ballingall Director
These financial statements were approved and authorised for issue by the Board on 04 October 2023 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 December 2022
Ally Bally Productions Ltd
Notes to the Financial Statements
Statutory Information
Ally Bally Productions Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC493447.
Registered address:
61 Scott Street
Dundee
DD2 2BA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Fixtures and fittings
£
Cost or valuation
At 01 January 2022
2,100
At 31 December 2022
2,100
Provision for depreciation and impairment
At 01 January 2022
1,427
Charge for year
101
At 31 December 2022
1,528
At 31 December 2022
Net book value
572
At 31 December 2021
673
3. Trade and other receivables
2021
2022
£
£
Trade debtors
-
12,719
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4
For the year ended 31 December 2022
Ally Bally Productions Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Trade creditors
-
295
Taxation and social security
4,959
71
Other creditors
35,550
26,650
40,509
27,016
5. Average number of persons employed
During the year the average number of employees was 1 (2021 : 1)
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