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REGISTERED NUMBER: SC655829 (Scotland)















THE PRODUCTION OFFICE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024






THE PRODUCTION OFFICE LTD (REGISTERED NUMBER: SC655829)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE PRODUCTION OFFICE LTD

COMPANY INFORMATION
For The Year Ended 29 February 2024







DIRECTORS: Ms R M E Reader
K G Thomson





REGISTERED OFFICE: 51 Danes Drive
Glasgow
G14 9HX





REGISTERED NUMBER: SC655829 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

THE PRODUCTION OFFICE LTD (REGISTERED NUMBER: SC655829)

BALANCE SHEET
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,613 708

CURRENT ASSETS
Debtors 5 8,121 700
Cash at bank 110,903 68,905
119,024 69,605
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

42,043

26,882
NET CURRENT ASSETS 76,981 42,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,594

43,431

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 79,592 43,429
SHAREHOLDERS' FUNDS 79,594 43,431

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.

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 7 August 2024 and were signed on its behalf by:





K G Thomson - Director


THE PRODUCTION OFFICE LTD (REGISTERED NUMBER: SC655829)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024


1. STATUTORY INFORMATION

The Production Office Ltd is a private company, limited by shares , registered in Scotland. 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 represents services provided 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 etc - 25% on cost

Taxation
Taxation for the year comprises current 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company makes pension contributions to personal pension schemes for the company's directors. Contributions payable to these pension schemes are charged to the profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

THE PRODUCTION OFFICE LTD (REGISTERED NUMBER: SC655829)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 February 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 1,062
Additions 2,894
At 29 February 2024 3,956
DEPRECIATION
At 1 March 2023 354
Charge for year 989
At 29 February 2024 1,343
NET BOOK VALUE
At 29 February 2024 2,613
At 28 February 2023 708

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 6,850 700
Other debtors 1,271 -
8,121 700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Directors' loan account 2,670 6,705
Taxation and social security 37,798 19,097
Other creditors 1,575 1,080
42,043 26,882

7. OTHER FINANCIAL COMMITMENTS

At 29 February 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £5,500 (2023, £0).

8. RELATED PARTY DISCLOSURES

At the year end the company's directors had provided the company with interest free loans of £2,670 (2023, £6,705). There are no fixed repayment terms for these loans.