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REGISTERED NUMBER: 08644686 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2023 to 31 March 2024

for

Detail Films Ltd

Detail Films Ltd (Registered number: 08644686)

Contents of the Financial Statements
for the period 1 May 2023 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Detail Films Ltd

Company Information
for the period 1 May 2023 to 31 March 2024







DIRECTOR: W E Warr





REGISTERED OFFICE: Kenton house
Oxford Street
Moreton-in-Marsh
GL56 0LA





REGISTERED NUMBER: 08644686 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

Detail Films Ltd (Registered number: 08644686)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,133 116,000

CURRENT ASSETS
Debtors 5 296,862 183,688
Cash at bank 167,761 273,336
464,623 457,024
CREDITORS
Amounts falling due within one year 6 101,918 144,111
NET CURRENT ASSETS 362,705 312,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,838

428,913

PROVISIONS FOR LIABILITIES 7 27,033 29,000
NET ASSETS 443,805 399,913

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 443,804 399,912
SHAREHOLDERS' FUNDS 443,805 399,913

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

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

The director acknowledges his 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.

Detail Films Ltd (Registered number: 08644686)

Balance Sheet - continued
31 March 2024


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 24 September 2024 and were signed by:





W E Warr - Director


Detail Films Ltd (Registered number: 08644686)

Notes to the Financial Statements
for the period 1 May 2023 to 31 March 2024


1. STATUTORY INFORMATION

Detail Films Ltd is a private company, limited by shares , registered in England and Wales. 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Detail Films Ltd (Registered number: 08644686)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 9,584 18,104 239,128 266,816
Additions 4,931 - 21,951 26,882
Disposals - - (5,360 ) (5,360 )
At 31 March 2024 14,515 18,104 255,719 288,338
DEPRECIATION
At 1 May 2023 6,130 6,789 137,897 150,816
Charge for period 1,921 2,593 27,634 32,148
Eliminated on disposal - - (2,759 ) (2,759 )
At 31 March 2024 8,051 9,382 162,772 180,205
NET BOOK VALUE
At 31 March 2024 6,464 8,722 92,947 108,133
At 30 April 2023 3,454 11,315 101,231 116,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 46,384 94,583
Other debtors 250,478 89,105
296,862 183,688

Detail Films Ltd (Registered number: 08644686)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,371 23,609
Taxation and social security 88,349 74,805
Other creditors 7,198 45,697
101,918 144,111

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,033 29,000

Deferred
tax
£   
Balance at 1 May 2023 29,000
Decrease in provision (1,967 )
Balance at 31 March 2024 27,033

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £89,994 (2023 - £3,500) were paid to the director .

Included within debtors: amounts falling due within one year is a director's current account in the sum of £89,053 (2023: £35,213 creditor). The account is unsecured, accrues interest at HMRC's office rate and was repaid within 9 months of the year end.

Also included within debtors: amounts falling due within one year is a loan provided to TopJaw Ltd, a company in which the director has an interest, in the sum of £266 (2023: £38). The account is unsecured, interest free and carries no fixed date of repayment.

Also included within debtors: amounts falling due within one year is a loan provided to Hatch Accommodation Ltd, a company in which the director has an interest, in the sum of £141,265 (2023: £65,000). The account is unsecured, interest free and carries no fixed date of repayment.

Also included within debtors: amounts falling due within one year is a loan provided to Warr & Mills Ltd, a company in which the director has an interest, in the sum of £17,252 (2023: £15,000). The account is unsecured, interest free and carries no fixed date of repayment.