IRIS Accounts Production v23.4.0.336 06088560 Board of Directors Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060885602023-02-28060885602024-02-29060885602023-03-012024-02-29060885602022-02-28060885602022-03-012023-02-28060885602023-02-2806088560ns15:EnglandWales2023-03-012024-02-2906088560ns14:PoundSterling2023-03-012024-02-2906088560ns10:Director12023-03-012024-02-2906088560ns10:Director22023-03-012024-02-2906088560ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906088560ns10:SmallEntities2023-03-012024-02-2906088560ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906088560ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906088560ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906088560ns10:FullAccounts2023-03-012024-02-2906088560ns10:OrdinaryShareClass12023-03-012024-02-2906088560ns10:CompanySecretary12023-03-012024-02-2906088560ns10:RegisteredOffice2023-03-012024-02-2906088560ns5:CurrentFinancialInstruments2024-02-2906088560ns5:CurrentFinancialInstruments2023-02-2806088560ns5:Non-currentFinancialInstruments2024-02-2906088560ns5:Non-currentFinancialInstruments2023-02-2806088560ns5:ShareCapital2024-02-2906088560ns5:ShareCapital2023-02-2806088560ns5:RetainedEarningsAccumulatedLosses2024-02-2906088560ns5:RetainedEarningsAccumulatedLosses2023-02-2806088560ns5:PlantMachinery2023-03-012024-02-2906088560ns5:MotorVehicles2023-03-012024-02-2906088560ns5:ComputerEquipment2023-03-012024-02-2906088560ns5:PlantMachinery2023-02-2806088560ns5:MotorVehicles2023-02-2806088560ns5:ComputerEquipment2023-02-2806088560ns5:PlantMachinery2024-02-2906088560ns5:MotorVehicles2024-02-2906088560ns5:ComputerEquipment2024-02-2906088560ns5:PlantMachinery2023-02-2806088560ns5:MotorVehicles2023-02-2806088560ns5:ComputerEquipment2023-02-2806088560ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2906088560ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2806088560ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 06088560 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SHINEY BOX PRODUCTIONS LIMITED

SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHINEY BOX PRODUCTIONS LIMITED

COMPANY INFORMATION
for the year ended 29 February 2024







DIRECTORS: D W Cook
L Cook





SECRETARY: L Cook





REGISTERED OFFICE: 23 Bull Plain
Hertford
Hertfordshire
SG14 1DX





REGISTERED NUMBER: 06088560 (England and Wales)





ACCOUNTANTS: Wortons
Chartered Accountants
23 Bull Plain
Hertford
Hertfordshire
SG14 1DX

SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,559 17,556

CURRENT ASSETS
Debtors 5 52,278 63,086
Cash at bank 7,712 6,476
59,990 69,562
CREDITORS
Amounts falling due within one year 6 61,199 67,767
NET CURRENT (LIABILITIES)/ASSETS (1,209 ) 1,795
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,350

19,351

CREDITORS
Amounts falling due after more than one
year

7

11,333

19,333
NET ASSETS 17 18

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 15 16
SHAREHOLDERS' FUNDS 17 18

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)

BALANCE SHEET - continued
29 February 2024


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 Board of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by:




D W Cook - Director



L Cook - Director


SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Shiney Box Productions 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the accounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of the estimation means that that the actual outcomes could differ from those estimates.

Turnover
Turnover represents the value of goods and services supplied during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-portable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic short-term financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued
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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 51,955 31,558 2,814 86,327
Additions 600 - 350 950
At 29 February 2024 52,555 31,558 3,164 87,277
DEPRECIATION
At 1 March 2023 48,165 18,244 2,362 68,771
Charge for year 2,501 3,329 117 5,947
At 29 February 2024 50,666 21,573 2,479 74,718
NET BOOK VALUE
At 29 February 2024 1,889 9,985 685 12,559
At 28 February 2023 3,790 13,314 452 17,556

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,900 40,872
Directors' current accounts 45,378 22,214
52,278 63,086

SHINEY BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 06088560)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,514 8,000
Corporation tax 26,976 35,824
VAT 10,027 19,096
Accrued expenses 5,682 4,847
61,199 67,767

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bounce back loan 11,333 19,333

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2