HOTSHOT PRODUCTIONS LIMITED |
Registered number: |
14246597 |
Balance Sheet |
as at 31 July 2023 |
|
Notes |
|
|
2023 |
|
£ |
|
Current assets |
Work in progress |
|
|
5,000 |
Debtors |
3 |
|
3,280 |
Cash at bank and in hand |
|
|
1,369 |
|
|
|
9,649 |
|
|
|
Creditors: amounts falling due within one year |
4 |
|
(11,500) |
|
Net current liabilities |
|
|
|
(1,851) |
|
|
Net liabilities |
|
|
|
(1,851) |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
Profit and loss account |
|
|
|
(1,852) |
|
Shareholders' funds |
|
|
|
(1,851) |
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Manjot Singh Bajwa |
Director |
Approved by the board on 22 March 2024 |
|
HOTSHOT PRODUCTIONS LIMITED |
Notes to the Accounts |
for the period from 20 July 2022 to 31 July 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Stocks |
|
Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell. The company started pre-production of the British qualifying film tentatively titled as "Dastaar" (the Film). The pre-production cost of the Film at the balance sheet date is carried forward as work in progress on the basis that it is deemed recoverable from the future income/revenue of the Film. |
|
|
2 |
Employees |
2023 |
|
Number |
|
|
|
Average number of persons employed by the company |
0 |
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
£ |
|
|
|
Prepaid expenses |
|
|
|
|
2,280 |
|
VAT receivable |
|
|
|
|
1,000 |
|
|
|
|
|
|
3,280 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
£ |
|
|
|
Advance for expenses |
|
|
|
|
10,000 |
|
Other creditors |
1,500 |
|
|
|
|
|
|
11,500 |
|
|
|
|
|
|
|
|
|
|
5 |
Controlling party |
|
|
Mr Manjot Singh Bajwa is the current PSC and ultimate controlling party of the Company. |
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|
6 |
Other information |
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HOTSHOT PRODUCTIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Flat 16 |
|
23 Kenyon Way |
|
Slough |
|
SL3 8ES |