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REGISTERED NUMBER: 03890443 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Stagecraft Visual Communications Limited

Stagecraft Visual Communications Limited (Registered number: 03890443)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stagecraft Visual Communications Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C J Hobbs-Rex
B A Fletcher
T Ager
G Rex





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





REGISTERED NUMBER: 03890443 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

Stagecraft Visual Communications Limited (Registered number: 03890443)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 76,365 53,093
76,365 53,093

CURRENT ASSETS
Stocks 6 1,674 5,250
Debtors 7 205,400 151,302
Cash at bank and in hand 895,282 800,321
1,102,356 956,873
CREDITORS
Amounts falling due within one year 8 209,618 130,651
NET CURRENT ASSETS 892,738 826,222
TOTAL ASSETS LESS CURRENT
LIABILITIES

969,103

879,315

CREDITORS
Amounts falling due after more than one year 9 - (24,995 )

PROVISIONS FOR LIABILITIES (17,892 ) (10,831 )
NET ASSETS 951,211 843,489

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 950,211 842,489
SHAREHOLDERS' FUNDS 951,211 843,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Stagecraft Visual Communications Limited (Registered number: 03890443)

Balance Sheet - continued
31 December 2023


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 25 September 2024 and were signed on its behalf by:





B A Fletcher - Director


Stagecraft Visual Communications Limited (Registered number: 03890443)

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

1. STATUTORY INFORMATION

Stagecraft Visual Communications Limited 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 represents the total invoice value, excluding value added tax, of sales made during the period. When the outcome of work can be estimated reliably, turnover from the work done is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the percentage of the job completed.
Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stock
Stock is valued at the lower of cost and net realisable value (NRV).

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 1999, has been amortised evenly over its estimated useful life of 20 years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 11 ) .

Stagecraft Visual Communications Limited (Registered number: 03890443)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 16,700
AMORTISATION
At 1 January 2023
and 31 December 2023 16,700
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 31,542 22,866 68,190 122,598
Additions 34,632 2,502 - 37,134
Disposals - (3,227 ) - (3,227 )
At 31 December 2023 66,174 22,141 68,190 156,505
DEPRECIATION
At 1 January 2023 22,620 14,570 32,315 69,505
Charge for year 2,637 1,620 8,969 13,226
Eliminated on disposal - (2,591 ) - (2,591 )
At 31 December 2023 25,257 13,599 41,284 80,140
NET BOOK VALUE
At 31 December 2023 40,917 8,542 26,906 76,365
At 31 December 2022 8,922 8,296 35,875 53,093

6. STOCKS
31.12.23 31.12.22
£    £   
Stock of materials 1,674 5,250

Stagecraft Visual Communications Limited (Registered number: 03890443)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 127,678 106,699
Loan - 400
Luxion Holdings Limited (918 ) (918 )
Stagecraft Media Limited 13,962 13,962
Directors' current accounts 37,966 6,920
Prepayments 26,712 24,239
205,400 151,302

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 15,032 25,361
Corporation tax 48,947 11,982
Social security and other taxes 12,131 8,046
VAT 100,304 67,829
Credit card 3,230 2,533
Net wages 4,874 -
Deferred income 20,100 -
Accrued expenses 5,000 4,900
209,618 130,651

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 2-5 years - 24,995

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 28,125 37,500
Between one and five years - 28,125
28,125 65,625

Stagecraft Visual Communications Limited (Registered number: 03890443)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
C J Hobbs-Rex
Balance outstanding at start of year 3,916 4,976
Amounts advanced 34,907 3,916
Amounts repaid (3,916 ) (4,976 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,907 3,916

B A Fletcher
Balance outstanding at start of year 3,004 4,546
Amounts advanced 2,659 3,004
Amounts repaid (3,004 ) (4,546 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,659 3,004

T Ager
Balance outstanding at start of year - -
Amounts advanced 400 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 400 -