1 August 2022 false No description of principal activity Taxfiler 2024.1 true NI623263business:PrivateLimitedCompanyLtd2022-08-012023-07-31 NI6232632022-07-31 NI6232632022-08-012023-07-31 NI623263business:AuditExemptWithAccountantsReport2022-08-012023-07-31 NI623263business:FilletedAccounts2022-08-012023-07-31 NI6232632023-07-31 NI6232632022-07-31 NI623263core:WithinOneYear2023-07-31 NI623263core:WithinOneYear2022-07-31 NI623263core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 NI623263core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 NI623263core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 NI623263core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 NI623263core:PreviouslyStatedAmount2023-07-31 NI623263core:PreviouslyStatedAmount2022-07-31 NI623263business:SmallEntities2022-08-012023-07-31 NI623263business:Director12022-08-012023-07-31 NI623263countries:NorthernIreland2022-08-012023-07-31 NI623263business:RegisteredOffice2022-08-012023-07-31 NI623263core:MotorVehicles2022-07-31 NI623263core:FurnitureFittings2022-07-31 NI623263core:MotorVehicles2023-07-31 NI623263core:FurnitureFittings2023-07-31 NI623263core:MotorVehicles2022-08-012023-07-31 NI623263core:FurnitureFittings2022-08-012023-07-31 NI623263business:OrdinaryShareClass12022-08-012023-07-31 NI623263business:OrdinaryShareClass12021-08-012022-07-31 NI6232632021-08-012022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI623263 (Northern Ireland)
KA-BOOM FILMS LIMITED Unaudited accounts for the year ended 31 July 2023
KA-BOOM FILMS LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,657 
17,071 
Current assets
Debtors
33,696 
6,570 
Cash at bank and in hand
538 
3,671 
34,234 
10,241 
Creditors: amounts falling due within one year
(38,365)
(33,415)
Net current liabilities
(4,131)
(23,174)
Net assets/(liabilities)
9,526 
(6,103)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
9,522 
(6,107)
Shareholders' funds
9,526 
(6,103)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by
Zach Willis Director Company Registration No. NI623263
- 2 -
KA-BOOM FILMS LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
KA-BOOM FILMS LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI623263. The registered office is Unit 2 Weavers Court , Linfield Industrial Estate, Linfield Rd, Belfast, BT12 5GH.
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.
Going concern
The directors believe that Ka-Boom Films Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover
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 rendering of film production 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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
33,573 
48,722 
82,295 
At 31 July 2023
33,573 
48,722 
82,295 
Depreciation
At 1 August 2022
24,509 
40,715 
65,224 
Charge for the year
1,813 
1,601 
3,414 
At 31 July 2023
26,322 
42,316 
68,638 
Net book value
At 31 July 2023
7,251 
6,406 
13,657 
At 31 July 2022
9,064 
8,007 
17,071 
- 3 -
KA-BOOM FILMS LIMITED Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,059 
42 
Trade debtors
31,637 
6,528 
33,696 
6,570 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
19,483 
19,000 
Taxes and social security
4,467 
- 
Other creditors
7,659 
7,659 
Loans from directors
6,756 
6,756 
38,365 
33,415 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 4 -