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
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
Neon Picturehouse Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
13,015
17,645
Cash at bank and in hand
841
12,286
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
Net (liabilities)/assets
(2,145)
15,583
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
Neon Picturehouse Ltd
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
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
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.
Neon Picturehouse Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
(2,444)
(3,314)
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
411
Loans from directors
15,370
14,500
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).