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REGISTERED NUMBER: NI630259 (Northern Ireland)















Strangford Pictures Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






Strangford Pictures Ltd (Registered number: NI630259)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Strangford Pictures Ltd

Company Information
for the year ended 31 March 2024







Director: B C Richards





Registered office: 13 Plantation Street
Killyleagh
Downpatrick
Co. Down
BT30 9QW





Registered number: NI630259 (Northern Ireland)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Strangford Pictures Ltd (Registered number: NI630259)

Balance Sheet
31 March 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 1 601

Current assets
Debtors 5 1,441 1,000
Cash at bank 974 40,163
2,415 41,163
Creditors
Amounts falling due within one year 6 2,134 28,829
Net current assets 281 12,334
Total assets less current liabilities 282 12,935

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 182 12,835
Shareholders' funds 282 12,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2024 and were signed by:





B C Richards - Director


Strangford Pictures Ltd (Registered number: NI630259)

Notes to the Financial Statements
for the year ended 31 March 2024


1. Statutory information

Strangford Pictures Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for television programme script writing and production services.

Turnover is recognised at the point of invoicing the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 20% straight line basis.
Fixtures and Fittings - 33% straight line basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Strangford Pictures Ltd (Registered number: NI630259)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2023
and 31 March 2024 5,597
Depreciation
At 1 April 2023 4,996
Charge for year 600
At 31 March 2024 5,596
Net book value
At 31 March 2024 1
At 31 March 2023 601

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 1,441 1,000

6. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation and social security - 180
Other creditors 2,134 28,649
2,134 28,829

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

8. Reserves
Retained
earnings
£

At 1 April 2023 12,835
Deficit for the year (5,153 )
Dividends (7,500 )
At 31 March 2024 182