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REGISTERED NUMBER: 07757986 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Film Shed Limited

Film Shed Limited (Registered number: 07757986)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Film Shed Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Patrick Wintersgill





REGISTERED OFFICE: 2A Stanstead Road
London
SE23 1BW





REGISTERED NUMBER: 07757986 (England and Wales)





ACCOUNTANTS: Charles William
Charles William Limited
Chartered Accountants
115 Hampstead Road
London
NW1 3EE

Film Shed Limited (Registered number: 07757986)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 51,559 29,697

CURRENT ASSETS
Debtors 5 104,731 90,773
Cash at bank 176,820 146,544
281,551 237,317
CREDITORS
Amounts falling due within one year 6 (195,140 ) (178,160 )
NET CURRENT ASSETS 86,411 59,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,970

88,854

CREDITORS
Amounts falling due after more than one
year

7

(18

)

(38,082

)
NET ASSETS 137,952 50,772

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 137,852 50,672
SHAREHOLDERS' FUNDS 137,952 50,772

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Film Shed Limited (Registered number: 07757986)

Balance Sheet - continued
31 August 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 15 April 2024 and were signed by:





Patrick Wintersgill - Director


Film Shed Limited (Registered number: 07757986)

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

1. STATUTORY INFORMATION

Film Shed 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
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. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 146,809
Additions 43,254
At 31 August 2023 190,063
DEPRECIATION
At 1 September 2022 117,112
Charge for year 21,392
At 31 August 2023 138,504
NET BOOK VALUE
At 31 August 2023 51,559
At 31 August 2022 29,697

Film Shed Limited (Registered number: 07757986)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 96,995 77,115
Other debtors 7,736 13,658
104,731 90,773

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 13,587 -
Taxation and social security 47,515 26,976
Other creditors 134,038 151,184
195,140 178,160

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 18 38,082

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed £129,538 (2022: £142,124) to Mr Patrick Wintersgill, who is the director of the company.