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REGISTERED NUMBER: 06617509 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Rat Films Ltd

Rat Films Ltd (Registered number: 06617509)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Rat Films Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: D J Burraway





REGISTERED OFFICE: 59 Agincourt Drive
Gilstead
Bingley
West Yorkshire
BD16 3JZ





REGISTERED NUMBER: 06617509 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Rat Films Ltd (Registered number: 06617509)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 101,591 62,146

CURRENT ASSETS
Debtors 6 1,485 1,402
Cash at bank 182,312 130,626
183,797 132,028
CREDITORS
Amounts falling due within one year 7 (70,797 ) (44,577 )
NET CURRENT ASSETS 113,000 87,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,591

149,597

CREDITORS
Amounts falling due after more than one
year

8

(21,201

)

-

PROVISIONS FOR LIABILITIES 9 (8,569 ) (11,808 )
NET ASSETS 184,821 137,789

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 184,721 137,689
SHAREHOLDERS' FUNDS 184,821 137,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

Rat Films Ltd (Registered number: 06617509)

Statement of Financial Position - continued
31 December 2023



The financial statements were approved by the director and authorised for issue on 22 July 2024 and were signed by:





D J Burraway - Director


Rat Films Ltd (Registered number: 06617509)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Rat Films Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Pension contributions 2023 - £43,600 (2022 - £43,600)

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Rat Films Ltd (Registered number: 06617509)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 75,837 16,017 34,000 3,026 128,880
Additions - - 64,149 10,910 75,059
At 31 December 2023 75,837 16,017 98,149 13,936 203,939
DEPRECIATION
At 1 January 2023 42,666 8,406 14,875 787 66,734
Charge for year 8,293 1,903 20,819 4,599 35,614
At 31 December 2023 50,959 10,309 35,694 5,386 102,348
NET BOOK VALUE
At 31 December 2023 24,878 5,708 62,455 8,550 101,591
At 31 December 2022 33,171 7,611 19,125 2,239 62,146

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 383
Prepayments 1,485 1,019
1,485 1,402

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 9,790 -
Tax 32,904 15,777
Social security and other taxes 14,993 24,263
Other creditors 9,724 1,456
Accrued expenses 3,386 3,081
70,797 44,577

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 21,201 -

9. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 8,569 11,808

Rat Films Ltd (Registered number: 06617509)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2023 11,808
Provided during year (3,239 )
Balance at 31 December 2023 8,569

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D J Burraway.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Rat Films Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rat Films Ltd for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Rat Films Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rat Films Ltd and state those matters that we have agreed to state to the director of Rat Films Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rat Films Ltd and its director for our work or for this report.

It is your duty to ensure that Rat Films Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rat Films Ltd. You consider that Rat Films Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rat Films Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


22 July 2024