REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 |
FOR |
ALTO FILMS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 |
FOR |
ALTO FILMS LTD |
ALTO FILMS LTD (BY SHARES) (REGISTERED NUMBER: 03208551) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
ALTO FILMS LTD (BY SHARES) |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MAY 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: | Galloways Accounting (Hove) Limited |
The Old Casino |
28 Fourth Avenue |
Hove |
East Sussex |
BN3 2PJ |
ALTO FILMS LTD (BY SHARES) (REGISTERED NUMBER: 03208551) |
BALANCE SHEET |
31 MAY 2023 |
2023 | 2022 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
2. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year, Ms T A Harman decreased her loan to the company. As at 31 May 2023, the company owed her £15,330 (2022: £20,705). |
Also during the year, A J Wakeford decreased his loan to the company. As at 31 May 2023, the company owed him £17,800 (2022: £22,104). |
These balances represented the maximum amounts outstanding during the year and these loans have incurred interest at 10%. |
Finally, the company paid the directors rent amounting to £399 each (2022: £275) as a result of utilising office space within their homes. |
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. |
ALTO FILMS LTD (BY SHARES) (REGISTERED NUMBER: 03208551) |
BALANCE SHEET - continued |
31 MAY 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |