Registered number: 11344891 | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
Prepared By: | ||||||||
Malcolm Roussak & Co | ||||||||
Chartered Accountants | ||||||||
52 Bury Old Road | ||||||||
Whitefield | ||||||||
Manchester | ||||||||
M45 6TL |
Long Story TV Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Manchester | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11344891 | ||||||||
ACCOUNTANTS | ||||||||
Malcolm Roussak & Co | ||||||||
Chartered Accountants | ||||||||
52 Bury Old Road | ||||||||
Whitefield | ||||||||
Manchester | ||||||||
M45 6TL |
Long Story TV Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Long Story TV Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
21,949 | 123,643 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (73,299) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 24,503 | 28,530 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (9,161) | (86,929) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Long Story TV Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | % |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
Long Story TV Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
Additions | 6,067 | 6,067 | ||
At 31/05/2023 | 6,067 | 6,067 | ||
Depreciation | ||||
For the year | 1,517 | 1,517 | ||
At 31/05/2023 | 1,517 | 1,517 | ||
Net Book Amounts | ||||
At 31/05/2023 | 4,550 | |||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/06/2022 | 15,000 | 15,000 | |||||||
Additions | 32,450 | 32,450 | |||||||
At 31/05/2023 | 47,450 | 47,450 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/05/2023 | 47,450 | 47,450 | |||||||
At 31/05/2022 | 15,000 | 15,000 | |||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Amounts due from group companies | - | 83,918 | ||||||
- | 83,918 | |||||||
Long Story TV Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 17,434 | 18,166 | ||||||
PAYE control | 10,146 | 30,033 | ||||||
Bank Loan | 4,028 | 4,028 | ||||||
Loans from Group companies | 23,049 | 140,400 | ||||||
Pension schemes | 2,100 | 1,815 | ||||||
Accruals | 1,750 | 2,500 | ||||||
58,507 | 196,942 | |||||||
The company took a Coronavirus Bounceback loan in June 2020, with a repayment period of 10 years, and with no repayments during the first year. Repayments started in July 2021 andare made at the rate of £376 per month including interest. The amount of capital to be repaid in the 12 months to 31 May 2024 is £4,028. | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 24,503 | 28,530 | ||||||
24,503 | 28,530 | |||||||
The company took a Coronavirus Bounceback loan in June 2020, with a repayment period of 10 years, and with no repayments during the first year. Repayments are made at the rate of £376 per month including interest. The amount to be repaid is as follows:- 1 to 2 years - £4,028, 2-5 years £12,083 and over 5 years £8,392. | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||