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Company Registration No. 08596077 (England and Wales)
SPECIAL EFFECTS MEDIA LTD Unaudited accounts for the year ended 31 July 2023
SPECIAL EFFECTS MEDIA LTD Unaudited accounts Contents
Page
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SPECIAL EFFECTS MEDIA LTD Company Information for the year ended 31 July 2023
Director
Keaton Keller
Company Number
08596077 (England and Wales)
Registered Office
125 Wood Street London EC2V 7AN United Kingdom
Accountants
Aidhan and Partners Simply Accountants Ltd 8 Devonshire Square London EC2M 4PL
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SPECIAL EFFECTS MEDIA LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
22,447 
22,447 
Current assets
Debtors
1,545 
18,292 
Cash at bank and in hand
45,322 
12,966 
46,867 
31,258 
Creditors: amounts falling due within one year
(609)
(610)
Net current assets
46,258 
30,648 
Net assets
68,705 
53,095 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
68,605 
52,995 
Shareholders' funds
68,705 
53,095 
For the year ending 31 July 2023 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 director acknowledges his 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 and authorised for issue on 9 April 2024 and were signed on its behalf by
Keaton Keller Director Company Registration No. 08596077
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SPECIAL EFFECTS MEDIA LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SPECIAL EFFECTS MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 08596077. The registered office is 125 Wood Street, London, EC2V 7AN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Taxation
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
934 
At 31 July 2023
934 
Depreciation
At 1 August 2022
934 
At 31 July 2023
934 
Net book value
At 31 July 2023
- 
5
Investments
Other investments 
£ 
Valuation at 1 August 2022
22,447 
Valuation at 31 July 2023
22,447 
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SPECIAL EFFECTS MEDIA LTD Notes to the Accounts for the year ended 31 July 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,545 
- 
Trade debtors
- 
18,137 
Other debtors
- 
155 
1,545 
18,292 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
609 
610 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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