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Company Registration No. 12631470 (England and Wales)
TILTED PRODUCTIONS LTD Unaudited accounts for the year ended 31 March 2023
TILTED PRODUCTIONS LTD Unaudited accounts Contents
Page
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TILTED PRODUCTIONS LTD Company Information for the year ended 31 March 2023
Director
S Hodges
Company Number
12631470 (England and Wales)
Registered Office
91 DIGBY CRESCENT LONDON N4 2HS UNITED KINGDOM
Accountants
Eleve11 Consulting Ltd T/A Cloud Eleven Accountants Palamos House 66-67 High St Lymington Hampshire SO41 9AL
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TILTED PRODUCTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,721 
1,332 
Investments
131 
131 
1,852 
1,463 
Current assets
Debtors
1,238,110 
3,353 
Cash at bank and in hand
5,936 
1,690 
1,244,046 
5,043 
Creditors: amounts falling due within one year
(1,240,205)
(4,949)
Net current assets
3,841 
94 
Total assets less current liabilities
5,693 
1,557 
Provisions for liabilities
Deferred tax
(430)
(266)
Net assets
5,263 
1,291 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,262 
1,290 
Shareholders' funds
5,263 
1,291 
For the year ending 31 March 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2023 and were signed on its behalf by
S Hodges Director Company Registration No. 12631470
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TILTED PRODUCTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
TILTED PRODUCTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12631470. The registered office is 91 DIGBY CRESCENT, LONDON, N4 2HS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.33% straight line
Computer equipment
33.33% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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TILTED PRODUCTIONS LTD Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
261 
1,109 
1,370 
Additions
482 
624 
1,106 
At 31 March 2023
743 
1,733 
2,476 
Depreciation
At 1 April 2022
7 
31 
38 
Charge for the year
133 
584 
717 
At 31 March 2023
140 
615 
755 
Net book value
At 31 March 2023
603 
1,118 
1,721 
At 31 March 2022
254 
1,078 
1,332 
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
131 
Valuation at 31 March 2023
131 
Investments are treated at the lower of cost and net realisable value. They are impairment tested annualy.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
3,333 
Other debtors
1,238,110 
20 
1,238,110 
3,353 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
945 
Taxes and social security
4,640 
959 
Other creditors
1,232,424 
- 
Loans from directors
351 
1,545 
Accruals
2,790 
1,500 
1,240,205 
4,949 
8
Transactions with related parties
During the year the company provided services to Rambow productions. These services were provided at market rate.
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TILTED PRODUCTIONS LTD Notes to the Accounts for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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