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REGISTERED NUMBER: 10479689 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH NOVEMBER 2023

FOR

WOLLI FILMS LIMITED

WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOLLI FILMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTOR: W J O Carr





REGISTERED OFFICE: 225 London Road
Burgess Hill
West Sussex
RH15 9QU





REGISTERED NUMBER: 10479689 (England and Wales)





ACCOUNTANTS: Peter Lawson & Co.
225 London Road
Burgess Hill
West Sussex
RH15 9QU

WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,999 8,818

CURRENT ASSETS
Debtors 5 6,701 11,080
Cash at bank 14,910 10,962
21,611 22,042
CREDITORS
Amounts falling due within one year 6 26,588 17,919
NET CURRENT (LIABILITIES)/ASSETS (4,977 ) 4,123
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,022

12,941

CREDITORS
Amounts falling due after more than one
year

7

(806

)

-

PROVISIONS FOR LIABILITIES (3,040 ) (1,675 )
NET ASSETS 7,176 11,266

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7,174 11,264
SHAREHOLDERS' FUNDS 7,176 11,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)

BALANCE SHEET - continued
30TH NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd July 2024 and were signed by:





W J O Carr - Director


WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Wolli Films Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st December 2022 - 17,218 17,218
Additions 4,815 7,700 12,515
At 30th November 2023 4,815 24,918 29,733
DEPRECIATION
At 1st December 2022 - 8,400 8,400
Charge for year 400 4,934 5,334
At 30th November 2023 400 13,334 13,734
NET BOOK VALUE
At 30th November 2023 4,415 11,584 15,999
At 30th November 2022 - 8,818 8,818

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,266 5,494
Other debtors 435 5,586
6,701 11,080

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 2,420 1,166
Trade creditors 3,111 1,878
Taxation and social security 4,280 7,372
Other creditors 16,777 7,503
26,588 17,919

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 806 -

8. CAPITAL COMMITMENTS
2023 2022
£    £   
Contracted but not provided for in the
financial statements - -

WOLLI FILMS LIMITED (REGISTERED NUMBER: 10479689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2023 and 30th November 2022:

2023 2022
£    £   
W J O Carr
Balance outstanding at start of year - -
Amounts advanced 9,616 -
Amounts repaid (19,371 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,755 ) -