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REGISTERED NUMBER: 07933121 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Me & You Productions Ltd

Me & You Productions Ltd (Registered number: 07933121)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Me & You Productions Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: K K Majumdar
R J Yee





REGISTERED OFFICE: 39 Long Acre
London
WC2E 9LG





REGISTERED NUMBER: 07933121 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Me & You Productions Ltd (Registered number: 07933121)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,670 2,300
Investments 5 301 301
1,971 2,601

CURRENT ASSETS
Stocks 6 - 13,067
Debtors 7 201,147 456,514
Cash at bank 784,117 553,156
985,264 1,022,737
CREDITORS
Amounts falling due within one year 8 820,819 660,635
NET CURRENT ASSETS 164,445 362,102
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,416

364,703

CREDITORS
Amounts falling due after more than one
year

9

(127,294

)

(203,670

)

PROVISIONS FOR LIABILITIES 10 (317 ) (437 )
NET ASSETS 38,805 160,596

Me & You Productions Ltd (Registered number: 07933121)

Balance Sheet - continued
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 38,703 160,494
SHAREHOLDERS' FUNDS 38,805 160,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:




K K Majumdar - Director



R J Yee - Director


Me & You Productions Ltd (Registered number: 07933121)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Me & You Productions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Where projects span a longer period, turnover is determined by the stage of completion of the project. Where losses in respect of long term projects are expected and can be reliably measured they are provided for within the profit and loss account.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Camera Equipment - 33% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Work in progress
Work in progress, representing completed programmes and productions in progress, include an attributable portion of overheads and are stated at the lower of cost and net realisable value. Production costs are released to the profit and loss account on the delivery of programmes to the broadcaster, at which time the turnover is also recognised.


Me & You Productions Ltd (Registered number: 07933121)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 5 ) .

Me & You Productions Ltd (Registered number: 07933121)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Camera and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022 130,996 21,547 44,564 197,107
Additions - - 1,007 1,007
At 28 February 2023 130,996 21,547 45,571 198,114
DEPRECIATION
At 1 March 2022 129,992 21,456 43,359 194,807
Charge for year 754 61 822 1,637
At 28 February 2023 130,746 21,517 44,181 196,444
NET BOOK VALUE
At 28 February 2023 250 30 1,390 1,670
At 28 February 2022 1,004 91 1,205 2,300

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 March 2022
and 28 February 2023 301
NET BOOK VALUE
At 28 February 2023 301
At 28 February 2022 301

6. STOCKS
28.2.23 28.2.22
£    £   
Work-in-progress - 13,067

Me & You Productions Ltd (Registered number: 07933121)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 91,761 302,918
Other debtors 29,595 25,848
VAT 422 -
Prepayments and accrued income 79,369 127,748
201,147 456,514

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 22,676 30,075
Tax 13,492 23,867
Social security and other taxes 5,153 6,208
VAT - 41,954
Other creditors 81,812 81,683
Accruals and deferred income 697,686 476,848
820,819 660,635

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Other creditors 127,294 203,670

10. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 317 437

Deferred
tax
£   
Balance at 1 March 2022 437
Provided during year (120 )
Balance at 28 February 2023 317