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
SPECIAL EFFECTS MEDIA LTD
Company Information
for the year ended 31 July 2023
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
SPECIAL EFFECTS MEDIA LTD
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
45,322
12,966
Creditors: amounts falling due within one year
(609)
(610)
Net current assets
46,258
30,648
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
SPECIAL EFFECTS MEDIA LTD
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
5
Investments
Other investments
Valuation at 1 August 2022
22,447
Valuation at 31 July 2023
22,447
SPECIAL EFFECTS MEDIA LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Loans from directors
609
610
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).