Private Island Limited 09873003 the provision of video production services false 1 April 2023 09873003 2023-04-01 2024-03-31 09873003 2023-03-31 09873003 2024-03-31 09873003 2022-04-01 2023-03-31 09873003 2022-03-31 09873003 2023-03-31 09873003 frs102-bus:FRS102 2023-04-01 2024-03-31 09873003 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09873003 frs102-bus:FullAccounts 2023-04-01 2024-03-31 09873003 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09873003 frs102-core:CurrentFinancialInstruments 2024-03-31 09873003 frs102-core:CurrentFinancialInstruments 2023-03-31 09873003 frs102-core:ShareCapital 2024-03-31 09873003 frs102-core:ShareCapital 2023-03-31 09873003 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 09873003 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 09873003 frs102-bus:Director1 2023-04-01 2024-03-31 09873003 frs102-core:ComputerEquipment 2023-04-01 2024-03-31 09873003 frs102-core:LandBuildings 2023-04-01 2024-03-31 09873003 frs102-core:OfficeEquipment 2023-04-01 2024-03-31 09873003 frs102-core:OtherResidualIntangibleAssets 2023-03-31 09873003 frs102-core:OtherResidualIntangibleAssets 2024-03-31 09873003 frs102-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 09873003 frs102-core:OtherResidualIntangibleAssets 2023-03-31 09873003 frs102-core:ComputerEquipment 2023-03-31 09873003 frs102-core:LandBuildings 2023-03-31 09873003 frs102-core:OfficeEquipment 2023-03-31 09873003 frs102-core:ComputerEquipment 2024-03-31 09873003 frs102-core:LandBuildings 2024-03-31 09873003 frs102-core:OfficeEquipment 2024-03-31 09873003 frs102-core:ComputerEquipment 2023-03-31 09873003 frs102-core:LandBuildings 2023-03-31 09873003 frs102-core:OfficeEquipment 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09873003
Private Island Limited
Unaudited Accounts
for the year ended
31 March 2024
Private Island Limited
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 3 2,136 3,204
Tangible assets 4 7,846 8,530
9,982 11,734
Current assets
Debtors 158,015 142,538
Cash at bank and in hand 354,304 301,153
512,319 443,691
Prepayments and accrued income: 23,283 101,660
Creditors: amounts falling due within one year (329,198) (130,695)
Net current assets / (liabilities) 206,404 414,656
Total assets less current liabilities 216,386 426,390
Provisions for liabilities (0) (0)
Accruals and deferred income (13,248) (49,785)
Total net assets (liabilities) 203,138 376,605
Capital and reserves
Called up share capital 5 20 20
Profit and loss account 203,118 376,585
Shareholders' funds 203,138 376,605

Private Island Limited
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Ms H Power

Director


Approved by the board on 8 October 2024

Company Number: 09873003 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 1
84 Teesdale Street
London
E2 6PU
England

Private Island Limited
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 33.3% Straight Line
Land & buildings 10% Straight Line
Office equipment 25% Straight Line
2. Employees
2024 2023
Average number of employees during the period 3 3

3. Intangible fixed assets
Other Total
Cost £ £
At 1 April 2023 5,340 5,340
At 31 March 2024 5,340 5,340
Amortisation
At 1 April 2023 2,136 2,136
Provided during the period 1,068 1,068
At 31 March 2024 3,204 3,204
Net book value
At 31 March 2024 2,136 2,136
At 31 March 2023 3,204 3,204

4. Tangible fixed assets
Computer equipment Land & buildings Office equipment Total
Cost or valuation £ £ £ £
At 1 April 2023 50,119 1,150 18,020 69,289
Additions 9,576 0 78 9,654
At 31 March 2024 59,695 1,150 18,098 78,943
Depreciation
At 1 April 2023 44,787 460 15,512 60,759
Charge for the period 8,062 115 2,161 10,338
At 31 March 2024 52,849 575 17,673 71,097
Net book value
At 31 March 2024 6,846 575 425 7,846
At 31 March 2023 5,332 690 2,508 8,530

5. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
10 (2023: 10) A Ordinary shares of £1.00 each 10 10
Allotted, called up and fully paid:
10 (2023: 10) B Ordinary shares of £1.00 each 10 10
20 20