Company Registration No. 06844356 (England and Wales)
Esky Digital Ltd.
Unaudited accounts
for the period from 1 April 2024 to 31 August 2024
Esky Digital Ltd.
Statement of financial position
as at 31 August 2024
Inventories
927,514
606,808
Cash at bank and in hand
6,251
23,007
Creditors: amounts falling due within one year
(1,001,235)
(768,795)
Net current assets
50,352
52,555
Total assets less current liabilities
50,352
52,555
Creditors: amounts falling due after more than one year
(15,407)
(16,755)
Called up share capital
100
100
Profit and loss account
34,845
35,700
Shareholders' funds
34,945
35,800
For the period ending 31 August 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 director acknowledges his 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 and authorised for issue on 26 September 2024 and were signed on its behalf by
D Pounds
Director
Company Registration No. 06844356
Esky Digital Ltd.
Notes to the Accounts
for the period from 1 April 2024 to 31 August 2024
Esky Digital Ltd. is a private company, limited by shares, registered in England and Wales, registration number 06844356. The registered office is 1 Clifton Mews, Clifton Hill, Brighton, BN1 3HR.
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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 period, 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.
At the reporting date the company had net assets of £34,945 and is dependent on the support of its director who has confirmed his intention to support the company. As a result, the director believe it is
appropriate to prepare the accounts on the going concern basis. The financial statements do not include adjustments that would result from the withdrawal of this financial support.
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Inventories
31/08/2024
31/03/2024
Work in progress
927,514
606,808
Stocks comprise film production costs, which are recorded as a current asset. Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company
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Debtors
31/08/2024
31/03/2024
Amounts falling due within one year
Trade debtors
44,000
151,964
Other debtors
39,571
39,571
Amounts falling due after more than one year
Esky Digital Ltd.
Notes to the Accounts
for the period from 1 April 2024 to 31 August 2024
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Creditors: amounts falling due within one year
31/08/2024
31/03/2024
Bank loans and overdrafts
3,235
3,235
Trade creditors
195,407
85,680
Taxes and social security
49,208
22,445
Other creditors
584,085
584,085
Deferred income
169,000
73,350
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Creditors: amounts falling due after more than one year
31/08/2024
31/03/2024
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Transactions with related parties
At the reporting date, £11,992 (Mar-2024: £11,992) was due to D Pounds, the director of the Company. The loan is repayable on demand and not interest bearing.
At the reporting date, £485,762 (Mar-2024: £485,762) was due to Star Content Ltd, a company in which D Pounds is a director. The loan is repayable on demand and not interest bearing.
At the reporting date, £17,901 (Mar-2024: £17,901) was due to Two GB Ltd, a company in which D Pounds is a director. The loan is repayable on demand and not interest bearing
During the current and preceding period, the company was under the control of D Pounds by virtue of his shareholding
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Average number of employees
During the period the average number of employees was 1 (31/03/2024: 1).