SOLAR CIRCLE PICTURES LTD

Company Registration Number:
11366413 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

SOLAR CIRCLE PICTURES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6

SOLAR CIRCLE PICTURES LTD

Company Information

for the Period Ended 31 May 2023




Director: C Coffey
J A Dennis
Secretary: J A Dennis
Registered office: Oak Tree House Over The Misbourne
Oak Tree House Over The Misbourne
Denham
England
UB9 5DR
Company Registration Number: 11366413 (England and Wales)

SOLAR CIRCLE PICTURES LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 110,659 108,551
Debtors: 39 39
Cash at bank and in hand: 122 916
Total current assets: 110,820 109,506
Creditors: amounts falling due within one year: ( 119,512 ) ( 113,797 )
Net current assets (liabilities): ( 8,692 ) ( 4,291 )
Total assets less current liabilities: ( 8,692 ) ( 4,291 )
Accruals and deferred income: ( 1,166 ) ( 4,135 )
Total net assets (liabilities): ( 9,858 ) ( 8,426 )

The notes form part of these financial statements

SOLAR CIRCLE PICTURES LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 9,958 ) ( 8,526 )
Shareholders funds: ( 9,858 ) ( 8,426 )

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 November 2023
And Signed On Behalf Of The Board By:

Name: C Coffey
Status: Director

The notes form part of these financial statements

SOLAR CIRCLE PICTURES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the invoiced amount of services provided during the year, net of Value Added Tax.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads in respect of the cost of producing the film.

    Other accounting policies

    Going concern The financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on shareholders' funds at the end of the year. At the time of approving the the financial statements, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the forseeable future.

SOLAR CIRCLE PICTURES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

SOLAR CIRCLE PICTURES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

SOLAR CIRCLE PICTURES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4.1.Related party disclosures

Name of related party: Contender Films Limited
Description of relationship:
J A Dennis is a director.
Description of the transaction:
Loans to and expenses incurred on behalf of the company
Balance at 01 June 2022 12,551
Balance at 31 May 2023 12,551