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Company Registration No. 02248752 (England and Wales)
The Good Film Company Limited Unaudited accounts for the year ended 31 March 2023
The Good Film Company Limited Unaudited accounts Contents
Page
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The Good Film Company Limited Company Information for the year ended 31 March 2023
Director
Yanina Kim Tracy Barry
Company Number
02248752 (England and Wales)
Registered Office
THE STUDIO 5-6 ETON GARAGES LAMBOLLE PLACE LONDON NW3 4PE
Accountants
Elizabeth Needham FFA Needham Accountancy Ltd Berkeley House Barnet Road London Colney, Hertfordshire AL2 1BG
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The Good Film Company Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,293 
855 
Current assets
Debtors
8,868 
144,055 
Cash at bank and in hand
178,239 
491,015 
187,107 
635,070 
Creditors: amounts falling due within one year
76,494 
(264,168)
Net current assets
263,601 
370,902 
Total assets less current liabilities
264,894 
371,757 
Creditors: amounts falling due after more than one year
- 
(110,665)
Net assets
264,894 
261,092 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
264,794 
260,992 
Shareholders' funds
264,894 
261,092 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2023 and were signed on its behalf by
Yanina Kim Tracy Barry Director Company Registration No. 02248752
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The Good Film Company Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
The Good Film Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02248752. The registered office is THE STUDIO 5-6 ETON GARAGES, LAMBOLLE PLACE, LONDON, NW3 4PE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
Going concern
After making enquiries, the directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
Dividends
In 2018 equity dividends were £19.000. No dividend were payable in 2017.
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The Good Film Company Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
1 
1,290 
1,291 
Additions
- 
1,310 
1,310 
At 31 March 2023
1 
2,600 
2,601 
Depreciation
At 1 April 2022
1 
435 
436 
Charge for the year
- 
872 
872 
At 31 March 2023
1 
1,307 
1,308 
Net book value
At 31 March 2023
- 
1,293 
1,293 
At 31 March 2022
- 
855 
855 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
125,852 
Accrued income and prepayments
- 
980 
Other debtors
- 
5,000 
- 
131,832 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
8,868 
12,223 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
12,051 
281,656 
Taxes and social security
(10,106)
(72,608)
Loans from directors
(80,139)
53,420 
Accruals
1,700 
1,700 
(76,494)
264,168 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
30,913 
Deferred income
- 
79,752 
- 
110,665 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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The Good Film Company Limited Notes to the Accounts for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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