Behind the Facade Limited 09199317 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of motion picture production activities Digita Accounts Production Advanced 6.30.9574.0 true true 09199317 2023-01-01 2023-12-31 09199317 2023-12-31 09199317 core:CurrentFinancialInstruments 2023-12-31 09199317 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09199317 core:FurnitureFittingsToolsEquipment 2023-12-31 09199317 bus:SmallEntities 2023-01-01 2023-12-31 09199317 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09199317 bus:FullAccounts 2023-01-01 2023-12-31 09199317 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09199317 bus:RegisteredOffice 2023-01-01 2023-12-31 09199317 bus:Director1 2023-01-01 2023-12-31 09199317 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09199317 core:ComputerEquipment 2023-01-01 2023-12-31 09199317 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 09199317 countries:EnglandWales 2023-01-01 2023-12-31 09199317 2022-12-31 09199317 core:FurnitureFittingsToolsEquipment 2022-12-31 09199317 2022-01-01 2022-12-31 09199317 2022-12-31 09199317 core:CurrentFinancialInstruments 2022-12-31 09199317 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 09199317 core:FurnitureFittingsToolsEquipment 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 09199317

Behind the Facade Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Behind the Facade Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Behind the Facade Limited

Company Information

Director

Mr M Mahmood-Ogston

Registered office

Behind The Facade Limited,
71-75 Shelton Street
London
WC2H 9JQ

Accountants

Perk Accounting Ltd
Office, 31 Cattle Market Street
Norwich
Norfolk
NR1 3DY

 

Behind the Facade Limited

(Registration number: 09199317)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

19,938

30,007

Current assets

 

Debtors

5

2,880

1,760

Cash at bank and in hand

 

5,340

11,006

 

8,220

12,766

Creditors: Amounts falling due within one year

6

(60,156)

(60,709)

Net current liabilities

 

(51,936)

(47,943)

Total assets less current liabilities

 

(31,998)

(17,936)

Provisions for liabilities

(1,246)

(8,141)

Net liabilities

 

(33,244)

(26,077)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(33,245)

(26,078)

Shareholders' deficit

 

(33,244)

(26,077)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 September 2024
 

.........................................
Mr M Mahmood-Ogston
Director

 

Behind the Facade Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Behind The Facade Limited,
71-75 Shelton Street
London
WC2H 9JQ

These financial statements were authorised for issue by the director on 23 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At 31 December 2023 the company's current liabilities exceed its current assets by £51,936 and its total liabilities exceeded its total assets by £33,244. Included within other creditors is £59,088 owed to the director, who believes the company to be a going concern and will continue to give their support to the company over the next 12 months. Based on these factors the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Behind the Facade Limited

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Behind the Facade Limited

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

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

63,276

63,276

Additions

3,484

3,484

Disposals

(855)

(855)

At 31 December 2023

65,905

65,905

Depreciation

At 1 January 2023

33,269

33,269

Charge for the year

12,775

12,775

Eliminated on disposal

(77)

(77)

At 31 December 2023

45,967

45,967

Carrying amount

At 31 December 2023

19,938

19,938

At 31 December 2022

30,007

30,007

5

Debtors

Current

2023
£

2022
£

Trade debtors

2,880

1,760

 

Behind the Facade Limited

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

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

-

69

Trade creditors

 

88

115

Taxation and social security

 

980

2,379

Other creditors

 

59,088

58,146

 

60,156

60,709