Company registration number 06041879 (England and Wales)
MPG FILMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
MPG FILMS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
as restated
£
£
£
£
Fixed assets
132,305
156,696
Current assets
44,577
66,441
Prepayments and accrued income
525
Creditors: amounts falling due within one year
(113,279)
(119,560)
Net current liabilities
(68,177)
(53,119)
Total assets less current liabilities
64,128
103,577
Creditors: amounts falling due after more than one year
(31,367)
Net assets
32,761
103,577
Capital and reserves
32,761
103,577
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year, advances to a director amounting to £163,962, £110,900 of this was repaid to the company. The total outstanding at the year-end was £52,142 (2022: Nil). Interest was charged on the advances at HMRC's official rates. The loan is repayable on demand.
2
Financial commitments, guarantees and contingencies
At the year end, the company had commitments under non-cancellable operating leases of £19,218 (2022: Nil)
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
MPG Films Limited is a private company limited by shares incorporated in England and Wales. The registered office is Haven Farm Kingsway, Tarnock, Axbridge, Somerset, BS26 2SF.
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
MPG FILMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 9 October 2024
..............................................
Mr M Payne-Gill
Director
Company registration number 06041879 (England and Wales)