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REGISTERED NUMBER: 12485644 (England and Wales)
















Kirmit Productions Ltd

Unaudited Financial Statements

for the Year Ended 29th February 2024






Kirmit Productions Ltd (Registered number: 12485644)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kirmit Productions Ltd

Company Information
for the Year Ended 29th February 2024







Director: Miss K Mitchell





Registered office: 107 Judkin Court
Heol Tredwen
Cardiff
South Glamorgan
CF10 5AX





Registered number: 12485644 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Kirmit Productions Ltd (Registered number: 12485644)

Statement of Financial Position
29th February 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 46,547 1,779
Investments 5 25,398 -
71,945 1,779

Current assets
Debtors 6 3,649 3,477
Cash at bank 38,735 40,547
42,384 44,024
Creditors
Amounts falling due within one year 7 32,264 23,225
Net current assets 10,120 20,799
Total assets less current liabilities 82,065 22,578

Creditors
Amounts falling due after more than one
year

8

(34,122

)

-

Provisions for liabilities (5,624 ) -
Net assets 42,319 22,578

Capital and reserves
Called up share capital 1 1
Retained earnings 42,318 22,577
Shareholders' funds 42,319 22,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Kirmit Productions Ltd (Registered number: 12485644)

Statement of Financial Position - continued
29th February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd October 2024 and were signed by:





Miss K Mitchell - Director


Kirmit Productions Ltd (Registered number: 12485644)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. Statutory information

Kirmit Productions 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 as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - Over the life of the lease
Office equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Listed investments
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

3. Employees and directors

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

Kirmit Productions Ltd (Registered number: 12485644)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. Tangible fixed assets
Motor Office
vehicles equipment Totals
£    £    £   
Cost
At 1st March 2023 - 4,712 4,712
Additions 46,590 - 46,590
At 29th February 2024 46,590 4,712 51,302
Depreciation
At 1st March 2023 - 2,933 2,933
Charge for year 644 1,178 1,822
At 29th February 2024 644 4,111 4,755
Net book value
At 29th February 2024 45,946 601 46,547
At 28th February 2023 - 1,779 1,779

5. Fixed asset investments
Other
investments
£   
Cost or valuation
Additions 20,000
Revaluations 5,398
At 29th February 2024 25,398
Net book value
At 29th February 2024 25,398

Cost or valuation at 29th February 2024 is represented by:

Other
investments
£   
Valuation in 2024 5,398
Cost 20,000
25,398

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 3,649 3,017
Other debtors - 460
3,649 3,477

Kirmit Productions Ltd (Registered number: 12485644)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Taxation and social security 24,577 18,557
Other creditors 7,687 4,668
32,264 23,225

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Other creditors 34,122 -

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

2024 2023
£    £   
Miss K Mitchell
Balance outstanding at start of year 460 -
Amounts advanced - 460
Amounts repaid (460 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 460