Company Registration No. 02248752 (England and Wales)
The Good Film Company Limited
Unaudited accounts
for the year ended 31 March 2023
The Good Film Company Limited
Unaudited accounts
Contents
The Good Film Company Limited
Company Information
for the year ended 31 March 2023
Director
Yanina Kim Tracy Barry
Company Number
02248752 (England and Wales)
Registered Office
THE STUDIO 5-6 ETON GARAGES
LAMBOLLE PLACE
LONDON
NW3 4PE
Accountants
Elizabeth Needham FFA
Needham Accountancy Ltd
Berkeley House
Barnet Road
London Colney, Hertfordshire
AL2 1BG
The Good Film Company Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
178,239
491,015
Creditors: amounts falling due within one year
76,494
(264,168)
Net current assets
263,601
370,902
Total assets less current liabilities
264,894
371,757
Creditors: amounts falling due after more than one year
-
(110,665)
Net assets
264,894
261,092
Called up share capital
100
100
Profit and loss account
264,794
260,992
Shareholders' funds
264,894
261,092
For the year ending 31 March 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 her 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 1 December 2023 and were signed on its behalf by
Yanina Kim Tracy Barry
Director
Company Registration No. 02248752
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2023
The Good Film Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02248752. The registered office is THE STUDIO 5-6 ETON GARAGES, LAMBOLLE PLACE, LONDON, NW3 4PE.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Fixtures & fittings
33% straight line
After making enquiries, the directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
In 2018 equity dividends were £19.000. No dividend were payable in 2017.
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1
1,290
1,291
At 31 March 2023
1
2,600
2,601
Charge for the year
-
872
872
At 31 March 2023
1
1,307
1,308
At 31 March 2023
-
1,293
1,293
At 31 March 2022
-
855
855
Amounts falling due within one year
Accrued income and prepayments
-
980
Amounts falling due after more than one year
Amounts due from group undertakings etc.
8,868
12,223
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,051
281,656
Taxes and social security
(10,106)
(72,608)
Loans from directors
(80,139)
53,420
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
30,913
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).