Company Registration No. SC715483 (Scotland)
No Problem Production Services Ltd
Unaudited accounts
for the period from 18 November 2021 to 30 November 2022
No Problem Production Services Ltd
Unaudited accounts
Contents
No Problem Production Services Ltd
Company Information
for the period from 18 November 2021 to 30 November 2022
Company Number
SC715483 (Scotland)
Registered Office
18 Bethesda Grove
Maddiston
Falkirk
Stirlingshire
FK2 0FR
Scotland
No Problem Production Services Ltd
Statement of financial position
as at 30 November 2022
Cash at bank and in hand
30,395
Creditors: amounts falling due within one year
(17,346)
Called up share capital
100
Profit and loss account
18,835
Shareholders' funds
18,935
For the period ending 30 November 2022 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 8 March 2024 and were signed on its behalf by
Cory Townsend
Director
Company Registration No. SC715483
No Problem Production Services Ltd
Notes to the Accounts
for the period from 18 November 2021 to 30 November 2022
No Problem Production Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC715483. The registered office is 18 Bethesda Grove, Maddiston, Falkirk, Stirlingshire, FK2 0FR, Scotland.
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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% - straight line method
4
Tangible fixed assets
Computer equipment
No Problem Production Services Ltd
Notes to the Accounts
for the period from 18 November 2021 to 30 November 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
Taxes and social security
16,206
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 1.