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Company Registration No. 08979971 (England and Wales)
IT'S SHOWTIME LIMITED Unaudited accounts for the year ended 31 March 2024
IT'S SHOWTIME LIMITED Unaudited accounts Contents
Page
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IT'S SHOWTIME LIMITED Company Information for the year ended 31 March 2024
Director
Victoria Hosking
Company Number
08979971 (England and Wales)
Registered Office
4 OLD BUDBROOKE ROAD HAMPTON MAGNA WARWICK CV35 8RS ENGLAND
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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IT'S SHOWTIME LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,382 
2,721 
Current assets
Cash at bank and in hand
84,353 
71,920 
Creditors: amounts falling due within one year
(16,090)
(14,147)
Net current assets
68,263 
57,773 
Net assets
72,645 
60,494 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
72,644 
60,493 
Shareholders' funds
72,645 
60,494 
For the year ending 31 March 2024 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 12 April 2024 and were signed on its behalf by
Victoria Hosking Director Company Registration No. 08979971
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IT'S SHOWTIME LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IT'S SHOWTIME LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08979971. The registered office is 4 OLD BUDBROOKE ROAD, HAMPTON MAGNA, WARWICK, CV35 8RS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
4,074 
6,200 
10,274 
Additions
3,124 
- 
3,124 
At 31 March 2024
7,198 
6,200 
13,398 
Depreciation
At 1 April 2023
2,825 
4,728 
7,553 
Charge for the year
1,094 
369 
1,463 
At 31 March 2024
3,919 
5,097 
9,016 
Net book value
At 31 March 2024
3,279 
1,103 
4,382 
At 31 March 2023
1,249 
1,472 
2,721 
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IT'S SHOWTIME LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,098 
1,092 
Taxes and social security
13,830 
11,958 
Loans from directors
1,162 
1,097 
16,090 
14,147 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Transactions with related parties
During the year, the company received a loan of £64 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the total loan of £1162 was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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