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REGISTERED NUMBER: 09674095 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

SKC Films Limited

SKC Films Limited (Registered number: 09674095)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

SKC Films Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: S Connor





REGISTERED OFFICE: c/o A W Associates London LLP
Office 43, Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG





REGISTERED NUMBER: 09674095 (England and Wales)





ACCOUNTANTS: A W Associates London LLP
Regus
Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG

SKC Films Limited (Registered number: 09674095)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,808 6,800

CURRENT ASSETS
Debtors 5 39,184 32,559
Cash at bank 454 31,838
39,638 64,397
CREDITORS
Amounts falling due within one year 6 48,988 62,105
NET CURRENT (LIABILITIES)/ASSETS (9,350 ) 2,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,458

9,092

PROVISIONS FOR LIABILITIES 1,266 1,171
NET ASSETS 192 7,921

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 191 7,920
192 7,921

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.

SKC Films Limited (Registered number: 09674095)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2024 and were signed by:





S Connor - Director


SKC Films Limited (Registered number: 09674095)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

SKC Films 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.

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 - 25% on cost and 20% on cost

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

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.

SKC Films Limited (Registered number: 09674095)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 96,049
Additions 8,740
At 31 July 2023 104,789
DEPRECIATION
At 1 August 2022 89,249
Charge for year 4,732
At 31 July 2023 93,981
NET BOOK VALUE
At 31 July 2023 10,808
At 31 July 2022 6,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 22,791 3,940
Other debtors 16,393 28,619
39,184 32,559

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 1 -
Trade creditors 588 360
Taxation and social security 46,284 59,645
Other creditors 2,115 2,100
48,988 62,105

SKC Films Limited (Registered number: 09674095)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. 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:

31.7.23 31.7.22
£    £   
S Connor
Balance outstanding at start of year 3 30,513
Amounts advanced 588 1,825
Amounts repaid (3 ) (32,335 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 588 3

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
SKC Films Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SKC Films Limited for the year ended 31 July 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of SKC Films Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SKC Films Limited and state those matters that we have agreed to state to the director of SKC Films Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that SKC Films Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SKC Films Limited. You consider that SKC Films Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SKC Films Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






A W Associates London LLP
Regus
Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG


1 April 2024