Company Registration No. 11172051 (England and Wales)
Smart Fox Productions Ltd
Unaudited accounts
for the year ended 31 January 2024
Smart Fox Productions Ltd
Unaudited accounts
Contents
Smart Fox Productions Ltd
Company Information
for the year ended 31 January 2024
Directors
Heidi Johnson
Francis Castley
Company Number
11172051 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Smart Fox Productions Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
52,937
70,168
Cash at bank and in hand
174,511
308,365
Creditors: amounts falling due within one year
(105,622)
(67,742)
Net current assets
221,489
240,623
Total assets less current liabilities
274,426
310,791
Creditors: amounts falling due after more than one year
(43,648)
(54,181)
Net assets
230,778
256,610
Called up share capital
100
100
Profit and loss account
230,678
256,510
Shareholders' funds
230,778
256,610
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
Heidi Johnson
Director
Company Registration No. 11172051
Smart Fox Productions Ltd
Notes to the Accounts
for the year ended 31 January 2024
Smart Fox Productions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11172051. The registered office is 203 West Street, Fareham, PO16 0EN, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
69,593
24,848
94,441
At 31 January 2024
69,593
25,222
94,815
At 1 February 2023
17,398
6,875
24,273
Charge for the year
13,049
4,556
17,605
At 31 January 2024
30,447
11,431
41,878
At 31 January 2024
39,146
13,791
52,937
At 31 January 2023
52,195
17,973
70,168
Amounts falling due within one year
Amounts due from group undertakings etc.
152,600
-
Smart Fox Productions Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
10,532
10,532
Taxes and social security
68,135
53,680
Other creditors
12,041
1,434
Loans from directors
914
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
43,648
54,181
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
(19,861)
(18,947)
(914)
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).