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REGISTERED NUMBER: 12166221 (England and Wales)















Unaudited Financial Statements

for the Period 1 September 2023 to 31 July 2024

for

Bandit Cornwall Ltd

Bandit Cornwall Ltd (Registered number: 12166221)






Contents of the Financial Statements
for the Period 1 September 2023 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bandit Cornwall Ltd

Company Information
for the Period 1 September 2023 to 31 July 2024







DIRECTORS: Ms P H Giles
T Winchester
Ms V A Licorish





REGISTERED OFFICE: Helland Barton House
Pentire Way
Delabole
United Kingdom
PL33 9EP





REGISTERED NUMBER: 12166221 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

Bandit Cornwall Ltd (Registered number: 12166221)

Balance Sheet
31 July 2024

31.7.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 514

CURRENT ASSETS
Debtors 5 - 6,409
Cash at bank - 10,758
- 17,167
CREDITORS
Amounts falling due within one year 6 68,236 67,875
NET CURRENT LIABILITIES (68,236 ) (50,708 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(68,236

)

(50,194

)

RESERVES
Retained earnings (68,236 ) (50,194 )
(68,236 ) (50,194 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

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

Bandit Cornwall Ltd (Registered number: 12166221)

Balance Sheet - continued
31 July 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 21 August 2024 and were signed on its behalf by:





Ms P H Giles - Director


Bandit Cornwall Ltd (Registered number: 12166221)

Notes to the Financial Statements
for the Period 1 September 2023 to 31 July 2024

1. STATUTORY INFORMATION

Bandit Cornwall 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Revenue represents amounts receivable for the development of television projects and production activities net of VAT and trade discounts during the period. Revenue in respect of productions in progress is held as deferred income until production is delivered. Upon delivery, it is recognised in the Income Statement.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer Equipment - 20% straight line

Taxation
Taxation for the period 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.

Bandit Cornwall Ltd (Registered number: 12166221)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 July 2024

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have not been prepared on a going concern basis as it is the intention of the directors to strike off the company within 12 months of the signing of the report, after settlement of all remaining assets and liabilities. All of the assets and liabilities of the company are current, therefore no adjustment is required to the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2023 833
Disposals (833 )
At 31 July 2024 -
DEPRECIATION
At 1 September 2023 319
Charge written back (319 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 August 2023 514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.8.23
£    £   
Amounts owed by group undertakings - 3,805
Tax - 2,604
- 6,409

Bandit Cornwall Ltd (Registered number: 12166221)

Notes to the Financial Statements - continued
for the Period 1 September 2023 to 31 July 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.8.23
£    £   
Trade creditors - 348
VAT - 114
Directors' loan accounts 68,236 66,413
Accruals and deferred income - 1,000
68,236 67,875