Company registration number 09396143 (England and Wales)
PAUL VIRIDES PRODUCTIONS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
PAUL VIRIDES PRODUCTIONS LTD
COMPANY INFORMATION
Director
Mr P Virides
Company number
09396143
Registered office
28 Grove Road
Cockfosters
Barnet
Herts
EN4 9DE
Accountants
Theataccounts Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
PAUL VIRIDES PRODUCTIONS LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
PAUL VIRIDES PRODUCTIONS LTD
ENTERTAINMENT ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PAUL VIRIDES PRODUCTIONS LTD FOR THE YEAR ENDED 31 JANUARY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paul Virides Productions Ltd for the year ended 31 January 2024 which comprise, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

It is your duty to ensure that Paul Virides Productions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Paul Virides Productions Ltd. You consider that Paul Virides Productions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Paul Virides Productions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Theataccounts Limited
30 October 2024
Entertainment Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
PAUL VIRIDES PRODUCTIONS LTD
BALANCE SHEET
AS AT 31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
332
-
0
Current assets
Debtors
4
358
2,388
Cash at bank and in hand
38,800
-
0
39,158
2,388
Creditors: amounts falling due within one year
5
(50,222)
(11,539)
Net current liabilities
(11,064)
(9,151)
Total assets less current liabilities
(10,732)
(9,151)
Creditors: amounts falling due after more than one year
(1,838)
(2,750)
Net liabilities
(12,570)
(11,901)
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(12,670)
(12,001)
Total equity
(12,570)
(11,901)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2024 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.

The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 30 October 2024
Mr P Virides
Director
Company registration number 09396143 (England and Wales)
PAUL VIRIDES PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 3 -
1
Accounting policies
Company information

Paul Virides Productions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 28 Grove Road, Cockfosters, Barnet, Herts, EN4 9DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% reducing balance
1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
PAUL VIRIDES PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023
-
0
Additions
415
At 31 January 2024
415
Depreciation and impairment
At 1 February 2023
-
0
Depreciation charged in the year
83
At 31 January 2024
83
Carrying amount
At 31 January 2024
332
At 31 January 2023
-
0
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
358
2,388
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
1,000
1,527
Trade creditors
8,575
5,633
Taxation and social security
1,614
435
Other creditors
39,033
3,944
50,222
11,539
PAUL VIRIDES PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 5 -
6
Secured debts
The following secured debts are included within creditors:
2024
2023
£
£
Bank overdrafts
-
0
527
Bank loans
2,838
3,750
2,838
4,277
Bank loans are secured by way of a fixed and floating charge over all assets of the company.
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
8
Ultimate controlling party

The ultimate controlling party is Mr P Virides.

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