Company Registration No. 04479565 (England and Wales)
FELLOWSHIP PRODUCTIONS LIMITED
Unaudited accounts
for the year ended 31 July 2024
FELLOWSHIP PRODUCTIONS LIMITED
Unaudited accounts
Contents
FELLOWSHIP PRODUCTIONS LIMITED
Company Information
for the year ended 31 July 2024
Directors
Darren Hickey
Matthew Henry Johnson
Company Number
04479565 (England and Wales)
Registered Office
UNIT 2 BRICKFIELDS BUSINESS PARK OLD STO
WOOLPIT
BURY ST. EDMUNDS
IP30 9QS
ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
FELLOWSHIP PRODUCTIONS LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
57,230
24,757
Cash at bank and in hand
227,491
291,902
Creditors: amounts falling due within one year
(221,122)
(224,366)
Net current assets
222,157
250,443
Total assets less current liabilities
279,387
275,200
Creditors: amounts falling due after more than one year
(16,744)
(26,590)
Provisions for liabilities
Deferred tax
(14,308)
(4,704)
Net assets
248,335
243,906
Called up share capital
100
100
Profit and loss account
248,235
243,806
Shareholders' funds
248,335
243,906
For the year ending 31 July 2024 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 23 September 2024 and were signed on its behalf by
Darren Hickey
Director
Company Registration No. 04479565
FELLOWSHIP PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
FELLOWSHIP PRODUCTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04479565. The registered office is UNIT 2 BRICKFIELDS BUSINESS PARK OLD STO, WOOLPIT, BURY ST. EDMUNDS, IP30 9QS, ENGLAND.
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:
Computer equipment
15% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
FELLOWSHIP PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
-
39,304
39,304
Additions
35,174
2,527
37,701
At 31 July 2024
35,174
41,831
77,005
At 1 August 2023
-
14,547
14,547
Charge for the year
1,404
3,824
5,228
At 31 July 2024
1,404
18,371
19,775
At 31 July 2024
33,770
23,460
57,230
At 31 July 2023
-
24,757
24,757
Amounts falling due within one year
Trade debtors
194,924
160,266
Accrued income and prepayments
15,239
16,903
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,923
10,000
Trade creditors
43,654
26,750
Taxes and social security
19,099
36,194
Loans from directors
3,944
2,365
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
FELLOWSHIP PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
9
Average number of employees
During the year the average number of employees was 16 (2023: 16).