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REGISTERED NUMBER: 13476708 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

STORY PICTURE AGENCY LTD

STORY PICTURE AGENCY LTD (REGISTERED NUMBER: 13476708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

STORY PICTURE AGENCY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R C Findler
Miss G Gillard





REGISTERED OFFICE: C/O Abt Capital
3rd Floor
28 Eccleston Square
London
SW1V 1NZ





REGISTERED NUMBER: 13476708 (England and Wales)





ACCOUNTANTS: MDH
Chartered Certified Accountants
21 Stafford Road
Croydon
Surrey
CR0 4NG

STORY PICTURE AGENCY LTD (REGISTERED NUMBER: 13476708)

BALANCE SHEET
30 JUNE 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,243 11,853

CURRENT ASSETS
Debtors 5 64,409 41,284
Cash at bank 18,178 8,849
82,587 50,133
CREDITORS
Amounts falling due within one year 6 93,913 59,085
NET CURRENT LIABILITIES (11,326 ) (8,952 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,917

2,901

PROVISIONS FOR LIABILITIES 7 3,634 2,252
NET ASSETS 2,283 649

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 2,281 647
SHAREHOLDERS' FUNDS 2,283 649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 September 2024 and were signed on its behalf by:




R C Findler - Director


STORY PICTURE AGENCY LTD (REGISTERED NUMBER: 13476708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Story Picture Agency 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Computer equipment - 25% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3. EMPLOYEES AND DIRECTORS

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

STORY PICTURE AGENCY LTD (REGISTERED NUMBER: 13476708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 15,347
Additions 10,665
At 30 June 2024 26,012
DEPRECIATION
At 1 July 2023 3,494
Charge for year 5,275
At 30 June 2024 8,769
NET BOOK VALUE
At 30 June 2024 17,243
At 30 June 2023 11,853

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 63,364 38,469
Other debtors 1,045 2,815
64,409 41,284

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans and overdrafts 2,242 1,290
Trade creditors 6,607 142
Taxation and social security 28,041 6,949
Other creditors 57,023 50,704
93,913 59,085

7. PROVISIONS FOR LIABILITIES
30/6/24 30/6/23
£    £   
Deferred tax 3,634 2,252

Deferred
tax
£   
Balance at 1 July 2023 2,252
Provided during year 1,382
Balance at 30 June 2024 3,634

STORY PICTURE AGENCY LTD (REGISTERED NUMBER: 13476708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/6/24 30/6/23
value: £    £   
200 Ordinary 1p 2 2

9. RESERVES
Retained
earnings
£   

At 1 July 2023 647
Profit for the year 51,934
Dividends (50,300 )
At 30 June 2024 2,281

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30/6/24 30/6/23
£    £   
R C Findler and Miss G Gillard
Balance outstanding at start of year (50,704 ) (6,420 )
Amounts advanced 44,941 16,676
Amounts repaid (51,260 ) (60,960 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (57,023 ) (50,704 )

11. ULTIMATE CONTROLLING PARTY

There is no individual with ultimate control of the company. Control is shared equally between the companies two shareholders.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STORY PICTURE AGENCY LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Story Picture Agency Ltd for the year ended 30 June 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Story Picture Agency Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Story Picture Agency Ltd and state those matters that we have agreed to state to the Board of Directors of Story Picture Agency Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Story Picture Agency Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Story Picture Agency Ltd. You consider that Story Picture Agency Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Story Picture Agency Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






MDH
Chartered Certified Accountants
21 Stafford Road
Croydon
Surrey
CR0 4NG


13 September 2024