Llanbobl Productions Limited 06964903 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is other income from holdings Digita Accounts Production Advanced 6.30.9574.0 true true 06964903 2022-08-01 2023-07-31 06964903 2023-07-31 06964903 core:RetainedEarningsAccumulatedLosses 2023-07-31 06964903 core:ShareCapital 2023-07-31 06964903 core:CurrentFinancialInstruments 2023-07-31 06964903 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 06964903 core:FurnitureFittingsToolsEquipment 2023-07-31 06964903 core:OtherPropertyPlantEquipment 2023-07-31 06964903 bus:SmallEntities 2022-08-01 2023-07-31 06964903 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 06964903 bus:FilletedAccounts 2022-08-01 2023-07-31 06964903 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 06964903 bus:RegisteredOffice 2022-08-01 2023-07-31 06964903 bus:CompanySecretary1 2022-08-01 2023-07-31 06964903 bus:Director1 2022-08-01 2023-07-31 06964903 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06964903 core:ComputerEquipment 2022-08-01 2023-07-31 06964903 core:FurnitureFittings 2022-08-01 2023-07-31 06964903 core:FurnitureFittingsToolsEquipment 2022-08-01 2023-07-31 06964903 core:OtherPropertyPlantEquipment 2022-08-01 2023-07-31 06964903 countries:England 2022-08-01 2023-07-31 06964903 2022-07-31 06964903 core:FurnitureFittingsToolsEquipment 2022-07-31 06964903 core:OtherPropertyPlantEquipment 2022-07-31 06964903 2021-08-01 2022-07-31 06964903 2022-07-31 06964903 core:RetainedEarningsAccumulatedLosses 2022-07-31 06964903 core:ShareCapital 2022-07-31 06964903 core:CurrentFinancialInstruments 2022-07-31 06964903 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 06964903 core:FurnitureFittingsToolsEquipment 2022-07-31 06964903 core:OtherPropertyPlantEquipment 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 06964903

Llanbobl Productions Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2023

 

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Company Information

Director

Mr Rhodri Gilbert

Company secretary

Ms Charlotte Smith

Registered office

2/4 Ash Lane
Rustington
Littlehampton
West Sussex
BN16 3BZ

Accountants

Lucraft Hodgson & Dawes LLP
2/4 Ash Lane
Rustington
Littlehampton
West Sussex
BN16 3BZ

 

(Registration number: 06964903)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

4,012

4,720

Current assets

 

Debtors

1,964

3,875

Other financial assets

881,880

918,819

Cash at bank and in hand

 

212,559

182,352

 

1,096,403

1,105,046

Creditors: Amounts falling due within one year

5

(5,394)

(4,711)

Net current assets

 

1,091,009

1,100,335

Total assets less current liabilities

 

1,095,021

1,105,055

Provisions for liabilities

(896)

(1,055)

Net assets

 

1,094,125

1,104,000

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

1,094,124

1,103,999

Shareholders' funds

 

1,094,125

1,104,000

For the financial year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 November 2023
 

.........................................
Mr Rhodri Gilbert
Director

 

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
2/4 Ash Lane
Rustington
Littlehampton
West Sussex
BN16 3BZ
United Kingdom

These financial statements were authorised for issue by the director on 30 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling, which is also the company's functional currency. The financial statements are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

 

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

15% straight line

Computer equipment

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

2

Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 August 2022

27,748

40,527

68,275

At 31 July 2023

27,748

40,527

68,275

Depreciation

At 1 August 2022

23,028

40,527

63,555

Charge for the year

708

-

708

At 31 July 2023

23,736

40,527

64,263

Carrying amount

At 31 July 2023

4,012

-

4,012

At 31 July 2022

4,720

-

4,720

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

6

2,713

2,713

Accruals and deferred income

 

2,681

1,998

 

5,394

4,711

6

Loans and borrowings

2023
£

2022
£

Current loans and borrowings

Other borrowings

2,713

2,713

2,713

2,713