Registered number
10864290
Cinedata Limited
Unaudited Filleted Accounts
31 March 2023
Cinedata Limited
Registered number: 10864290
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 12,650 17,895
Current assets
Debtors 4 480 3,000
Cash at bank and in hand 47,664 101,625
48,144 104,625
Creditors: amounts falling due within one year 5 (8,860) (66,324)
Net current liabilities 39,284 38,301
Total assets less current liabilities 51,934 56,196
Creditors: amounts falling due after more than one year 6 (13,200) (18,333)
Provisions for liabilities (2,404) (3,400)
Net assets 36,330 34,463
Capital and reserves
Called up share capital 100 100
Profit and loss account 36,230 34,363
Shareholders' funds 36,330 34,463
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D Garside
Director
Approved by the board on 24 October 2023
Cinedata Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor Vehicles 20% on written down value
Fixtures, fittings, tools and equipment 20% on written down value
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2022 28,629 8,250 36,879
Additions 790 - 790
Disposals - (8,250) (8,250)
At 31 March 2023 29,419 - 29,419
Depreciation
At 1 April 2022 13,606 5,378 18,984
Charge for the year 3,163 - 3,163
On disposals - (5,378) (5,378)
At 31 March 2023 16,769 - 16,769
Net book value
At 31 March 2023 12,650 - 12,650
At 31 March 2022 15,023 2,872 17,895
4 Debtors 2023 2022
£ £
Trade debtors - 3,000
Other debtors 480 -
480 3,000
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 4,400 3,667
Taxation and social security costs 4,112 22,217
Other creditors 348 40,440
8,860 66,324
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 13,200 18,333
7 Other information
Cinedata Limited is a private company limited by shares and incorporated in England. Its registered office is:
7 Didsbury Road
Stockport
SK4 2BD
Cinedata Limited 10864290 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 Mr D Garside No description of principal activity 10864290 2021-04-01 2022-03-31 10864290 core:WithinOneYear 2022-03-31 10864290 core:AfterOneYear 2022-03-31 10864290 core:ShareCapital 2022-03-31 10864290 core:RetainedEarningsAccumulatedLosses 2022-03-31 10864290 2022-04-01 2023-03-31 10864290 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10864290 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10864290 bus:Director40 2022-04-01 2023-03-31 10864290 1 2022-04-01 2023-03-31 10864290 2 2022-04-01 2023-03-31 10864290 core:PlantMachinery 2022-04-01 2023-03-31 10864290 core:Vehicles 2022-04-01 2023-03-31 10864290 countries:England 2022-04-01 2023-03-31 10864290 bus:FRS102 2022-04-01 2023-03-31 10864290 bus:FullAccounts 2022-04-01 2023-03-31 10864290 2023-03-31 10864290 core:WithinOneYear 2023-03-31 10864290 core:AfterOneYear 2023-03-31 10864290 core:ShareCapital 2023-03-31 10864290 core:RetainedEarningsAccumulatedLosses 2023-03-31 10864290 core:PlantMachinery 2023-03-31 10864290 core:Vehicles 2023-03-31 10864290 2022-03-31 10864290 core:PlantMachinery 2022-03-31 10864290 core:Vehicles 2022-03-31 iso4217:GBP xbrli:pure