IRIS Accounts Production v24.2.0.383 08010533 director 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080105332023-03-31080105332024-03-31080105332023-04-012024-03-31080105332022-03-31080105332022-04-012023-03-31080105332023-03-3108010533ns15:EnglandWales2023-04-012024-03-3108010533ns14:PoundSterling2023-04-012024-03-3108010533ns10:Director12023-04-012024-03-3108010533ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108010533ns10:SmallEntities2023-04-012024-03-3108010533ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108010533ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108010533ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108010533ns10:FullAccounts2023-04-012024-03-310801053312023-04-012024-03-3108010533ns10:OrdinaryShareClass12023-04-012024-03-3108010533ns10:RegisteredOffice2023-04-012024-03-3108010533ns5:CurrentFinancialInstruments2024-03-3108010533ns5:CurrentFinancialInstruments2023-03-3108010533ns5:ShareCapital2024-03-3108010533ns5:ShareCapital2023-03-3108010533ns5:RetainedEarningsAccumulatedLosses2024-03-3108010533ns5:RetainedEarningsAccumulatedLosses2023-03-3108010533ns5:NetGoodwill2023-04-012024-03-3108010533ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108010533ns5:PlantMachinery2023-04-012024-03-3108010533ns5:NetGoodwill2023-03-3108010533ns5:NetGoodwill2024-03-3108010533ns5:NetGoodwill2023-03-3108010533ns5:PlantMachinery2023-03-3108010533ns5:PlantMachinery2024-03-3108010533ns5:PlantMachinery2023-03-3108010533ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108010533ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108010533ns10:OrdinaryShareClass12024-03-3108010533ns5:RetainedEarningsAccumulatedLosses2023-03-3108010533ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31080105331ns10:Director12023-03-31080105331ns10:Director12022-03-31080105331ns10:Director12023-04-012024-03-31080105331ns10:Director12022-04-012023-03-31080105331ns10:Director12024-03-31080105331ns10:Director12023-03-31
REGISTERED NUMBER: 08010533 (England and Wales)















Fox Red Films Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






Fox Red Films Ltd (Registered number: 08010533)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fox Red Films Ltd

Company Information
for the year ended 31 March 2024







Director: H Morley





Registered office: 21 Newtown Road
Marlow
SL7 1JX





Registered number: 08010533 (England and Wales)





Accountants: Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Fox Red Films Ltd (Registered number: 08010533)

Balance Sheet
31 March 2024

2024 2023
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 - 621
- 621

Current assets
Debtors 6 - 2,827
Cash at bank - 489
- 3,316
Creditors
Amounts falling due within one year 7 224 3,222
Net current (liabilities)/assets (224 ) 94
Total assets less current liabilities (224 ) 715

Capital and reserves
Called up share capital 8 100 100
Retained earnings 9 (324 ) 615
Shareholders' funds (224 ) 715

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





H Morley - Director


Fox Red Films Ltd (Registered number: 08010533)

Notes to the Financial Statements
for the year ended 31 March 2024


1. Statutory information

Fox Red 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. 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.

In considering the basis of preparing of these financial statements, the director has noted that the company requires their financial support, and have confirmed their willingness to do so.

After making enquires and considering the matters above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover
Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost

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.

3. Employees and directors

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

Fox Red Films Ltd (Registered number: 08010533)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. Intangible fixed assets
Goodwill
£
Cost
At 1 April 2023 9,500
Disposals (9,500 )
At 31 March 2024 -
Amortisation
At 1 April 2023 9,500
Eliminated on disposal (9,500 )
At 31 March 2024 -
Net book value
At 31 March 2024 -
At 31 March 2023 -

5. Tangible fixed assets
Plant and
machinery
£
Cost
At 1 April 2023 5,838
Disposals (5,838 )
At 31 March 2024 -
Depreciation
At 1 April 2023 5,217
Charge for year 621
Eliminated on disposal (5,838 )
At 31 March 2024 -
Net book value
At 31 March 2024 -
At 31 March 2023 621

6. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors - 2,827

7. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation and social security - 2,473
Other creditors 224 749
224 3,222

Fox Red Films Ltd (Registered number: 08010533)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

9. Reserves
Retained
earnings
£

At 1 April 2023 615
Deficit for the year (939 )
At 31 March 2024 (324 )

10. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£ £
H Morley
Balance outstanding at start of year 2,781 -
Amounts advanced - 2,781
Amounts repaid (2,781 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,781