Silverfin false false 31/07/2023 31/07/2023 01/08/2022 The principal activity during the financial year was that of motion picture and television programme production activities. L J Kelly 20/07/2020 12760496 2023-07-31 12760496 bus:Director1 2023-07-31 12760496 2022-07-31 12760496 core:CurrentFinancialInstruments 2023-07-31 12760496 core:CurrentFinancialInstruments 2022-07-31 12760496 2022-08-01 2023-07-31 12760496 bus:Micro-entities 2022-08-01 2023-07-31 12760496 bus:FilletedAccounts 2022-08-01 2023-07-31 12760496 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12760496 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12760496 bus:Director1 2022-08-01 2023-07-31 12760496 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure

Company No: 12760496 (England and Wales)

PICTURES IN MOTION LTD

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

PICTURES IN MOTION LTD

UNAUDITED FINANCIAL STATEMENTS

For the financial year ended 31 July 2023

Contents

PICTURES IN MOTION LTD

BALANCE SHEET

As at 31 July 2023
PICTURES IN MOTION LTD

BALANCE SHEET (continued)

For the financial year ended 31 July 2023
2023 2022
£ £
Fixed assets 958 1,901
Current assets 9,768 4,665
Prepayments and accrued income 287 76
Creditors: amounts falling due within one year ( 211,530) ( 45,361)
Net current liabilities ( 201,475) ( 40,620)
Total assets less current liabilities ( 200,517) ( 38,719)
Accruals and deferred income ( 3,700) ( 278,500)
Net liabilities ( 204,217) ( 317,219)
Capital and reserves ( 204,217) ( 317,219)

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 financial statements of Pictures in Motion Ltd (registered number: 12760496) were approved and authorised for issue by the director on 17 April 2024 and were signed on its behalf by:

L J Kelly
Director
PICTURES IN MOTION LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
PICTURES IN MOTION LTD

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the For the financial year ended 31 July 2023

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 12760496). The address of its registered office is 27 Old Gloucester Street, London, WC1N 3AX, United Kingdom.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the financial year, including the director 1 1

3. Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. During the year £186k of equity funding was raised, and post year end an additional £96k has been raised . The director is looking to raise further funds as required, in order to meet annual commitments. The director notes that the Company is partially reliant on the future funding noted above, and although no assurances can be given, management are confident that it will be successful in these efforts.

The director is of the opinion that the matters described above are material uncertainties related to events or conditions that may cast significant doubt upon the Company’s ability to continue as a going concern. However, the director has a reasonable expectation that the Company will be successful in its fundraising efforts. Therefore, the director has a reasonable expectation that the Company will continue in operational existence for the for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.