Company Registration No. SC247912 (Scotland)
HOUDINI MEDIA LIMITED
Unaudited accounts
for the year ended 31 December 2023
HOUDINI MEDIA LIMITED
Unaudited accounts
Contents
HOUDINI MEDIA LIMITED
Company Information
for the year ended 31 December 2023
Directors
Michael Briggs
Nina Briggs
Michael Ferguson
Company Number
SC247912 (Scotland)
Registered Office
SCHOOLHOUSE
18 MAIN STREET
CARNOCK
FIFE
KY12 9JG
Accountants
Tranquillity Tax
12 Peasehill Brae
Rosyth
Dunfermline
KY11 2AP
HOUDINI MEDIA LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
25,215
33,703
Cash at bank and in hand
35,433
45,094
Creditors: amounts falling due within one year
(16,483)
(24,492)
Net current assets
61,594
64,655
Total assets less current liabilities
86,809
98,358
Creditors: amounts falling due after more than one year
(9,781)
(18,483)
Called up share capital
31,250
31,250
Profit and loss account
45,778
48,625
Shareholders' funds
77,028
79,875
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2024 and were signed on its behalf by
Nina Briggs
Director
Company Registration No. SC247912
HOUDINI MEDIA LIMITED
Notes to the Accounts
for the year ended 31 December 2023
HOUDINI MEDIA LIMITED is a private company, limited by shares, registered in Scotland, registration number SC247912. The registered office is SCHOOLHOUSE, 18 MAIN STREET, CARNOCK, FIFE, KY12 9JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
44,100
3,680
31,946
79,726
At 31 December 2023
44,100
3,680
31,946
79,726
At 1 January 2023
11,944
3,680
30,399
46,023
Charge for the year
8,039
-
449
8,488
At 31 December 2023
19,983
3,680
30,848
54,511
At 31 December 2023
24,117
-
1,098
25,215
At 31 December 2022
32,156
-
1,547
33,703
Amounts falling due within one year
Trade debtors
11,148
12,557
Other debtors
31,496
31,496
HOUDINI MEDIA LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,393
7,393
Taxes and social security
5,926
11,419
Loans from directors
1,644
1,644
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).