AFRO-MIC PRODUCTIONS LTD

Company Registration Number:
NI625658 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

AFRO-MIC PRODUCTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

AFRO-MIC PRODUCTIONS LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 96,852 45,619
Investments:   0 0
Total fixed assets: 96,852 45,619
Current assets
Stocks: 0 0
Debtors:   183,182 44,900
Cash at bank and in hand: 733,871 706,332
Investments:   0 0
Total current assets: 917,053 751,232
Creditors: amounts falling due within one year:   (334,081) (71,759)
Net current assets (liabilities): 582,972 679,473
Total assets less current liabilities: 679,824 725,092
Creditors: amounts falling due after more than one year:   (28,320) (38,060)
Provision for liabilities: 0 0
Total net assets (liabilities): 651,504 687,032
Capital and reserves
Called up share capital: 21 1
Profit and loss account: 651,483 687,031
Shareholders funds: 651,504 687,032

The notes form part of these financial statements

AFRO-MIC PRODUCTIONS LTD

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 October 2024
and signed on behalf of the board by:

Name: E R Diaz
Status: Director

The notes form part of these financial statements

AFRO-MIC PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Plant and machinery etc - 20% on cost and 15% on cost

AFRO-MIC PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 6 8

AFRO-MIC PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 99,703
Additions 84,014
At 31 July 2024 183,717
Depreciation
At 01 August 2023 54,084
Charge for year 32,781
At 31 July 2024 86,865
Net book value
At 31 July 2024 96,852
At 31 July 2023 45,619