Company Registration No. 6977031 (England and Wales)
Resonate Films Ltd
Unaudited accounts
for the year ended 31 July 2024
Resonate Films Ltd
Unaudited accounts
Contents
Resonate Films Ltd
Company Information
for the year ended 31 July 2024
Company Number
6977031 (England and Wales)
Registered Office
49 THE CROSSPATH
RADLETT
HERTFORDSHIRE
WD7 8HP
ENGLAND
Accountants
Nigel Deacon FMAAT FCIS
Promedia Accountancy Ltd
49 The Crosspath
Radlett
Hertfordshire
WD7 8HP
Resonate Films Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
22,366
27,957
Cash at bank and in hand
-
1,887
Creditors: amounts falling due within one year
(6,540)
(10,608)
Net current assets/(liabilities)
41
(7,292)
Total assets less current liabilities
22,407
20,665
Creditors: amounts falling due after more than one year
(86,700)
(108,700)
Net liabilities
(64,293)
(88,035)
Called up share capital
1
1
Profit and loss account
(64,294)
(88,036)
Shareholders' funds
(64,293)
(88,035)
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 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 20 September 2024 and were signed on its behalf by
Oliver Cohen
Director
Company Registration No. 6977031
Resonate Films Ltd
Notes to the Accounts
for the year ended 31 July 2024
Resonate Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 6977031. The registered office is 49 THE CROSSPATH, RADLETT, HERTFORDSHIRE, WD7 8HP, 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:
Plant & machinery
20% of reducing balance
Motor vehicles
20% of reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
95,392
27,005
2,791
125,188
At 31 July 2024
95,392
27,005
2,791
125,188
At 1 August 2023
70,965
25,707
559
97,231
Charge for the year
4,885
259
447
5,591
At 31 July 2024
75,850
25,966
1,006
102,822
At 31 July 2024
19,542
1,039
1,785
22,366
At 31 July 2023
24,427
1,298
2,232
27,957
Amounts falling due within one year
Resonate Films Ltd
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,042
-
Taxes and social security
3,788
1,252
Other creditors
1,092
1,772
Loans from directors
443
7,584
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
86,700
108,700
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).