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REGISTERED NUMBER: 04676337 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED

THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED (REGISTERED NUMBER: 04676337)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2023







DIRECTOR: P Dupee





SECRETARY: P Dupee





REGISTERED OFFICE: West Bush House
Hailey Lane
Hertford Heath
Hertfordshire
SG13 7NY





REGISTERED NUMBER: 04676337 (England and Wales)





ACCOUNTANTS: Redfin Management Limited
111 Charterhouse Street
Farringdon
London
EC1M 6AW

THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED (REGISTERED NUMBER: 04676337)

ABRIDGED BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,012 760

CURRENT ASSETS
Debtors 22,612 43,595
Cash at bank and in hand 26,411 89,691
49,023 133,286
CREDITORS
Amounts falling due within one year 26,952 55,136
NET CURRENT ASSETS 22,071 78,150
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,083

78,910

CREDITORS
Amounts falling due after more than one
year

(20,000

)

(30,000

)

PROVISIONS FOR LIABILITIES (192 ) (144 )
NET ASSETS 2,891 48,766

CAPITAL AND RESERVES
Called up share capital 900 900
Capital redemption reserve 100 100
Retained earnings 1,891 47,766
SHAREHOLDERS' FUNDS 2,891 48,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED (REGISTERED NUMBER: 04676337)

ABRIDGED BALANCE SHEET - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 29 March 2024 and were signed by:





P Dupee - Director


THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED (REGISTERED NUMBER: 04676337)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2023


1. STATUTORY INFORMATION

The Love Commercial Production Company Limited 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.

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.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

THE LOVE COMMERCIAL PRODUCTION COMPANY
LIMITED (REGISTERED NUMBER: 04676337)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 70,461
Additions 1,457
At 31 July 2023 71,918
DEPRECIATION
At 1 August 2022 69,701
Charge for year 1,205
At 31 July 2023 70,906
NET BOOK VALUE
At 31 July 2023 1,012
At 31 July 2022 760

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
P Dupee
Balance outstanding at start of year 15,594 28,428
Amounts advanced 11,688 15,594
Amounts repaid (15,594 ) (28,428 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,688 15,594

No interest was payable on this loan.