Registered number
06973244
Chew Valley Films Ltd
Unaudited Filleted Accounts
31 July 2023
Chew Valley Films Ltd
Registered number: 06973244
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 1 1,251
Cash at bank and in hand - 650
1 1,901
Creditors: amounts falling due within one year 4 - (1,090)
Net current assets 1 811
Net assets 1 811
Capital and reserves
Called up share capital 1 1
Profit and loss account - 810
Shareholder's funds 1 811
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Peter Brownlee
Director
Approved by the board on 3 April 2024
Chew Valley Films Ltd
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest pound.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for the production of films.
Debtors and creditor receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors - 1,250
Other debtors 1 1
1 1,251
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs - 190
Other creditors - 900
- 1,090
5 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr Peter Brownlee
Share capital 1 - - 1
1 - - 1
6 Other information
Chew Valley Films Ltd is a private company limited by shares and incorporated in England. Its registered office is:
31 High Street
Chew Magna
Bristol
BS40 8PR
Chew Valley Films Ltd 06973244 false 2022-08-01 2023-07-31 2023-07-31 VT Final Accounts October 2023 release 2 Peter Brownlee No description of principal activity 06973244 2021-08-01 2022-07-31 06973244 core:WithinOneYear 2022-07-31 06973244 core:ShareCapital 2022-07-31 06973244 core:RetainedEarningsAccumulatedLosses 2022-07-31 06973244 2022-08-01 2023-07-31 06973244 bus:EntityNoLongerTradingButTradedInPast 2022-08-01 2023-07-31 06973244 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06973244 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 06973244 bus:Director40 2022-08-01 2023-07-31 06973244 1 2022-08-01 2023-07-31 06973244 bus:Director1 2022-08-01 2023-07-31 06973244 bus:Director1 1 2022-08-01 2023-07-31 06973244 countries:England 2022-08-01 2023-07-31 06973244 bus:FRS102 2022-08-01 2023-07-31 06973244 bus:FullAccounts 2022-08-01 2023-07-31 06973244 2023-07-31 06973244 core:WithinOneYear 2023-07-31 06973244 core:ShareCapital 2023-07-31 06973244 core:RetainedEarningsAccumulatedLosses 2023-07-31 06973244 bus:Director1 1 2023-07-31 06973244 2022-07-31 06973244 bus:Director1 1 2022-07-31 iso4217:GBP xbrli:pure