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REGISTERED NUMBER: 06735383 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

THE ELEMENTZ PRODUCTIONS LTD

THE ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE ELEMENTZ PRODUCTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: L White
A Souter





REGISTERED OFFICE: 29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA





REGISTERED NUMBER: 06735383 (England and Wales)





ACCOUNTANTS: Lemans
29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA

THE ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,501 3,016

CURRENT ASSETS
Debtors 5 4,258 4,008
Cash at bank - 1,893
4,258 5,901
CREDITORS
Amounts falling due within one year 6 8,026 6,241
NET CURRENT LIABILITIES (3,768 ) (340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,267

)

2,676

CREDITORS
Amounts falling due after more than one year 7 5,414 7,487
NET LIABILITIES (7,681 ) (4,811 )

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings (7,691 ) (4,821 )
SHAREHOLDERS' FUNDS (7,681 ) (4,811 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:





L White - Director


THE ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

The Elementz 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.

The accounts have been prepared on a going concern basis, which the directors, who are also the shareholders of the company, consider to be justifiable.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

THE ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 1,487 14,728 16,215
DEPRECIATION
At 1 October 2022 1,486 11,713 13,199
Charge for year - 1,515 1,515
At 30 September 2023 1,486 13,228 14,714
NET BOOK VALUE
At 30 September 2023 1 1,500 1,501
At 30 September 2022 1 3,015 3,016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Other debtors 250 -
Directors' current accounts 4,008 4,008
4,258 4,008

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Bank loans and overdrafts 2,541 2,022
Trade creditors 607 -
Other creditors 3,500 1,546
Accrued expenses 1,378 2,673
8,026 6,241

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
as restated
£    £   
Bank loans 5,414 7,487

THE ELEMENTZ PRODUCTIONS LTD (REGISTERED NUMBER: 06735383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: as restated
£    £   
10 Ordinary £1 10 10

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2023 and 30 September 2022:

30.9.23 30.9.22
as restated
£    £   
L White and A Souter
Balance outstanding at start of year 4,008 -
Amounts advanced - 4,008
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,008 4,008

No interest has been charged on this loan during the year.