IRIS Accounts Production v23.3.0.418 SC535339 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5353392022-05-31SC5353392023-05-31SC5353392022-06-012023-05-31SC5353392021-05-31SC5353392021-06-012022-05-31SC5353392022-05-31SC535339ns10:Originalns15:Scotland2022-06-012023-05-31SC535339ns14:PoundSterlingns10:Original2022-06-012023-05-31SC535339ns10:Originalns10:Director12022-06-012023-05-31SC535339ns10:Original2022-06-012023-05-31SC535339ns10:Original2023-05-31SC535339ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-31SC535339ns10:Originalns10:SmallEntities2022-06-012023-05-31SC535339ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-31SC535339ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-31SC535339ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-31SC535339ns10:Originalns10:FullAccounts2022-06-012023-05-31SC535339ns10:Originalns10:RegisteredOffice2022-06-012023-05-31SC535339ns10:Original2022-05-31SC535339ns10:Originalns5:CurrentFinancialInstruments2023-05-31SC535339ns10:Originalns5:CurrentFinancialInstruments2022-05-31SC535339ns10:Originalns5:Non-currentFinancialInstruments2023-05-31SC535339ns10:Originalns5:Non-currentFinancialInstruments2022-05-31SC535339ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-31SC535339ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-31SC535339ns10:Originalns5:PlantMachinery2022-06-012023-05-31SC535339ns10:Original2021-06-012022-05-31SC535339ns10:Originalns5:PlantMachinery2022-05-31SC535339ns10:Originalns5:PlantMachinery2023-05-31SC535339ns10:Originalns5:PlantMachinery2022-05-31SC535339ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31SC535339ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: SC535339 (Scotland)















FALL FILMS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023






FALL FILMS LTD (REGISTERED NUMBER: SC535339)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FALL FILMS LTD

COMPANY INFORMATION
For The Year Ended 31 May 2023







DIRECTOR: B L Bateman





REGISTERED OFFICE: 45 Marlborough Street
Edinburgh
EH15 2BD





REGISTERED NUMBER: SC535339 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

FALL FILMS LTD (REGISTERED NUMBER: SC535339)

BALANCE SHEET
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 478 956

CURRENT ASSETS
Debtors 5 32,601 19,652
Cash at bank 270 5,030
32,871 24,682
CREDITORS
Amounts falling due within one year 6 24,594 16,080
NET CURRENT ASSETS 8,277 8,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,755

9,558

CREDITORS
Amounts falling due after more than one
year

7

8,000

9,334
NET ASSETS 755 224

RESERVES
Retained earnings 755 224
SHAREHOLDERS' FUNDS 755 224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FALL FILMS LTD (REGISTERED NUMBER: SC535339)

BALANCE SHEET - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





B L Bateman - Director


FALL FILMS LTD (REGISTERED NUMBER: SC535339)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2023


1. STATUTORY INFORMATION

Fall Films Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Financial instruments
Basic financial instruments, including trade and other payables, bank loans and other loans that are classified as debt, are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

FALL FILMS LTD (REGISTERED NUMBER: SC535339)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 2,580
DEPRECIATION
At 1 June 2022 1,624
Charge for year 478
At 31 May 2023 2,102
NET BOOK VALUE
At 31 May 2023 478
At 31 May 2022 956

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 9,900 3,520
Other debtors 386 348
Director's loan account 22,315 15,466
Tax recoverable - 318
32,601 19,652

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 1,333 1,333
Taxation and social security 21,129 13,547
Other creditors 2,132 1,200
24,594 16,080

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 8,000 9,334

Amounts falling due in more than five years:

Repayable by instalments
Bank loan 2,667 4,000

FALL FILMS LTD (REGISTERED NUMBER: SC535339)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.21 31.5.20
value: £ £
100 Ordinary £0.0001 0.01 0.01
0.01 0.01

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 May 2023 the company had provided the company's director with loans totalling £22,315 (2022, £15,466). Interest was charged at 2.04% on these loans. There are no fixed repayment terms for these loans.