Registered number: 10576530 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
VICTOR STEWART |
PRODUCTION HYPE LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
SOUTHAMPTON | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10576530 | ||||||||
ACCOUNTANTS | ||||||||
VICTOR STEWART |
PRODUCTION HYPE LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
PRODUCTION HYPE LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
8,122 | 8,204 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (111,562) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 10,069 | - | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (69,246) | (74,129) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
PRODUCTION HYPE LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Commercial Vehicles | reducing balance 15% | |||||||
Equipment | reducing balance 20% |
1c. Government Grants Deferred | ||||||||
Government grants received are treated as deferred credits and credited to profit and loss account over the estimated useful life of the relevant fixed assets. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
PRODUCTION HYPE LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | |||||||
Machinery | Vehicles | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/04/2022 | 50,929 | 19,490 | 1,100 | 71,519 | ||||
Additions | 11,034 | - | - | 11,034 | ||||
At 31/03/2023 | 61,963 | 19,490 | 1,100 | 82,553 | ||||
Depreciation | ||||||||
At 01/04/2022 | 30,421 | 2,924 | 740 | 34,085 | ||||
For the year | 6,123 | 2,485 | 72 | 8,680 | ||||
At 31/03/2023 | 36,544 | 5,409 | 812 | 42,765 | ||||
Net Book Amounts | ||||||||
At 31/03/2023 | 39,788 | |||||||
At 31/03/2022 | 37,434 | |||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 6,584 | 2,040 | ||||||
Prepayments | - | 131 | ||||||
6,584 | 2,171 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 1,020 | 314 | ||||||
Directors current account | 55,512 | 61,732 | ||||||
Bank Loan | 36,300 | 41,300 | ||||||
Loans | 11,904 | 15,870 | ||||||
Trade creditors | 1,800 | - | ||||||
Accruals | 550 | 550 | ||||||
107,086 | 119,766 | |||||||
PRODUCTION HYPE LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Due to group companies >1yr | 10,069 | - | ||||||
10,069 | - | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
New shares issued during period: | ||||||||
1 | 1 | 1 | ||||||