Silverfin false false 31/07/2023 12/07/2022 31/07/2023 C A R Croft 12/07/2022 M A Croft 12/07/2022 13 November 2023 The principle activity of the company during the year was that of video production activities. 14229445 2023-07-31 14229445 bus:Director1 2023-07-31 14229445 bus:Director2 2023-07-31 14229445 core:CurrentFinancialInstruments 2023-07-31 14229445 core:Non-currentFinancialInstruments 2023-07-31 14229445 core:ShareCapital 2023-07-31 14229445 core:RetainedEarningsAccumulatedLosses 2023-07-31 14229445 2022-07-11 14229445 bus:OrdinaryShareClass1 2023-07-31 14229445 2022-07-12 2023-07-31 14229445 bus:FilletedAccounts 2022-07-12 2023-07-31 14229445 bus:SmallEntities 2022-07-12 2023-07-31 14229445 bus:AuditExemptWithAccountantsReport 2022-07-12 2023-07-31 14229445 bus:PrivateLimitedCompanyLtd 2022-07-12 2023-07-31 14229445 bus:Director1 2022-07-12 2023-07-31 14229445 bus:Director2 2022-07-12 2023-07-31 14229445 bus:OrdinaryShareClass1 2022-07-12 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14229445 (England and Wales)

CRFT PRODUCTIONS LIMITED

Unaudited Financial Statements
For the financial period from 12 July 2022 to 31 July 2023
Pages for filing with the registrar

CRFT PRODUCTIONS LIMITED

Unaudited Financial Statements

For the financial period from 12 July 2022 to 31 July 2023

Contents

CRFT PRODUCTIONS LIMITED

BALANCE SHEET

As at 31 July 2023
CRFT PRODUCTIONS LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 31.07.2023
£
Fixed assets
Investment property 3 151,355
151,355
Current assets
Debtors 4 30,548
Cash at bank and in hand 6,733
37,281
Creditors: amounts falling due within one year 5 ( 4,816)
Net current assets 32,465
Total assets less current liabilities 183,820
Creditors: amounts falling due after more than one year 6 ( 181,434)
Net assets 2,386
Capital and reserves
Called-up share capital 7 100
Profit and loss account 2,286
Total shareholders' funds 2,386

For the financial period ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of CRFT Productions Limited (registered number: 14229445) were approved and authorised for issue by the Board of Directors on 13 November 2023. They were signed on its behalf by:

C A R Croft
Director
CRFT PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 July 2022 to 31 July 2023
CRFT PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 July 2022 to 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

CRFT Productions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 34 Parkstone Heights, Poole, BH14 0QF, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Period from
12.07.2022 to
31.07.2023
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Investment property

Investment property
£
Valuation
As at 12 July 2022 0
Additions 151,355
As at 31 July 2023 151,355

Historic cost

If the investment properties had been accounted for cost accounting rules, the properties would have been measured as follows:

31.07.2023
£
Historic cost 151,355

4. Debtors

31.07.2023
£
Other debtors 30,548

5. Creditors: amounts falling due within one year

31.07.2023
£
Taxation and social security 536
Other creditors 4,280
4,816

6. Creditors: amounts falling due after more than one year

31.07.2023
£
Other creditors 181,434

7. Called-up share capital

31.07.2023
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100