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Company Registration No. 13155314 (England and Wales)
Neon Picturehouse Ltd Unaudited accounts for the year ended 31 January 2024
Neon Picturehouse Ltd Unaudited accounts Contents
Page
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Neon Picturehouse Ltd Company Information for the year ended 31 January 2024
Directors
Mr Callum Mills Mr Joseph Morel Mr Jon Wetherall
Company Number
13155314 (England and Wales)
Registered Office
40 CHALK ROAD GRAVESEND DA12 4UY ENGLAND
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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Neon Picturehouse Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,015 
17,645 
Current assets
Debtors
2,012 
1,231 
Cash at bank and in hand
841 
12,286 
2,853 
13,517 
Creditors: amounts falling due within one year
(15,540)
(15,081)
Net current liabilities
(12,687)
(1,564)
Total assets less current liabilities
328 
16,081 
Provisions for liabilities
Deferred tax
(2,473)
(498)
Net (liabilities)/assets
(2,145)
15,583 
Capital and reserves
Profit and loss account
(2,145)
15,583 
Shareholders' funds
(2,145)
15,583 
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 17 June 2024 and were signed on its behalf by
Mr Joseph Morel Director Company Registration No. 13155314
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Neon Picturehouse Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Neon Picturehouse Ltd is a private company, limited by shares, registered in England and Wales, registration number 13155314. The registered office is 40 CHALK ROAD, GRAVESEND, DA12 4UY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight Line
Going concern
The financial statements have been prepared on a going concern basis as the director has confirmed that he will continue to support the company until such time as it is profitable.
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Neon Picturehouse Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
18,519 
At 31 January 2024
18,519 
Depreciation
At 1 February 2023
874 
Charge for the year
4,630 
At 31 January 2024
5,504 
Net book value
At 31 January 2024
13,015 
At 31 January 2023
17,645 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,456 
4,545 
Other debtors
(2,444)
(3,314)
2,012 
1,231 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
411 
Loans from directors
15,370 
14,500 
Accruals
170 
170 
15,540 
15,081 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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