Private Island Limited 09873003 the provision of video production services false 1 April 2022 09873003 2022-04-01 2023-03-31 09873003 2022-03-31 09873003 2023-03-31 09873003 2021-04-01 2022-03-31 09873003 2021-03-31 09873003 2022-03-31 09873003 frs102-bus:FRS102 2022-04-01 2023-03-31 09873003 frs102-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09873003 frs102-bus:FullAccounts 2022-04-01 2023-03-31 09873003 frs102-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09873003 frs102-core:CurrentFinancialInstruments 2023-03-31 09873003 frs102-core:CurrentFinancialInstruments 2022-03-31 09873003 frs102-core:ShareCapital 2023-03-31 09873003 frs102-core:ShareCapital 2022-03-31 09873003 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 09873003 frs102-core:RetainedEarningsAccumulatedLosses 2022-03-31 09873003 frs102-bus:Director1 2022-04-01 2023-03-31 09873003 frs102-core:ComputerEquipment 2022-04-01 2023-03-31 09873003 frs102-core:LandBuildings 2022-04-01 2023-03-31 09873003 frs102-core:OfficeEquipment 2022-04-01 2023-03-31 09873003 frs102-core:ComputerEquipment 2022-03-31 09873003 frs102-core:LandBuildings 2022-03-31 09873003 frs102-core:OfficeEquipment 2022-03-31 09873003 frs102-core:ComputerEquipment 2023-03-31 09873003 frs102-core:LandBuildings 2023-03-31 09873003 frs102-core:OfficeEquipment 2023-03-31 09873003 frs102-core:ComputerEquipment 2022-03-31 09873003 frs102-core:LandBuildings 2022-03-31 09873003 frs102-core:OfficeEquipment 2022-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09873003
Private Island Limited
Unaudited Accounts
for the year ended
31 March 2023
Private Island Limited
Balance Sheet
as at 31 March 2023
Notes
2023
£
2022
£
Fixed assets
Intangible assets 3,204 4,272
Tangible assets 3 8,530 17,413
11,734 21,685
Current assets
Debtors 142,538 315,088
Cash at bank and in hand 301,153 839,451
443,691 1,154,539
Prepayments and accrued income: 101,660 41,685
Creditors: amounts falling due within one year (130,695) (374,583)
Net current assets / (liabilities) 414,656 821,641
Total assets less current liabilities 426,390 843,326
Provisions for liabilities (0) (0)
Accruals and deferred income (49,785) (116,114)
Total net assets (liabilities) 376,605 727,212
Capital and reserves
Called up share capital 4 20 20
Profit and loss account 376,585 727,192
Shareholders' funds 376,605 727,212

Private Island Limited
Balance Sheet
as at 31 March 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2023 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.

Signed on behalf of the board of directors

...............................

Ms H Power

Director


Approved by the board on 9 November 2023

Company Number: 09873003 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 1
84 Teesdale Street
London
E2 6PU
England

Private Island Limited
Notes to the Accounts
for the year ended 31 March 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 33.3% Straight Line
Land & buildings 25% Straight Line
Office equipment 10% Straight Line
2. Employees
2023 2022
Average number of employees during the period 3 4

3. Tangible fixed assets
Computer equipment Land & buildings Office equipment Total
Cost or valuation £ £ £ £
At 1 April 2022 48,733 1,150 17,840 67,723
Additions 1,386 0 180 1,566
At 31 March 2023 50,119 1,150 18,020 69,289
Depreciation
At 1 April 2022 37,104 345 12,861 50,310
Charge for the period 7,683 2,651 115 10,449
At 31 March 2023 44,787 2,996 12,976 60,759
Net book value
At 31 March 2023 5,332 (1,846) 5,044 8,530
At 31 March 2022 11,629 805 4,979 17,413

4. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
10 (2022: 10) A Ordinary shares of £1.00 each 10 10
Allotted, called up and fully paid:
10 (2022: 10) B Ordinary shares of £1.00 each 10 10
20 20