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REGISTERED NUMBER: 09346876 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2024

for


Turn #1 Films Limited




Turn #1 Films Limited (Registered number: 09346876)








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





Turn #1 Films Limited



Company Information

for the Year Ended 31 March 2024









DIRECTOR:

Mr D Whaler







REGISTERED OFFICE:

44 Holme Land


Ingleby Barwick


Stockton On Tees


United Kingdom


TS17 5FB







REGISTERED NUMBER:

09346876 (England and Wales)







ACCOUNTANTS:

JBC Accountants Limited


Chartered Accountants


3B Lockheed Court


Preston Farm


Stockton on Tees


TS18 3SH



Turn #1 Films Limited (Registered number: 09346876)



Balance Sheet

31 March 2024



2024


2023


Notes

£   

£   


CURRENT ASSETS

Debtors

4

4,384


5,916



Cash at bank

120,662


106,165



125,046


112,081



CREDITORS

Amounts falling due within one year

5

107,721


91,029



NET CURRENT ASSETS

17,325


21,052



TOTAL ASSETS LESS CURRENT

LIABILITIES

17,325


21,052




CAPITAL AND RESERVES

Called up share capital

10


10



Retained earnings

17,315


21,042



SHAREHOLDERS' FUNDS

17,325


21,052




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 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 Profit and Loss Account has not been delivered.


The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:






Mr D Whaler - Director




Turn #1 Films Limited (Registered number: 09346876)



Notes to the Financial Statements

for the Year Ended 31 March 2024


1.

STATUTORY INFORMATION



Turn #1 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.


Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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 ) .


4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Trade debtors

3,997


5,916




Other debtors

387


-



4,384


5,916




5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Taxation and social security

11,751


13,387




Other creditors

95,970


77,642



107,721


91,029