Registered number
09490395
PVA ENTERTAINMENT LIMITED
Filleted Accounts
30 September 2024
PVA ENTERTAINMENT LIMITED
Registered number: 09490395
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 - 16,916
Current assets
Stocks - 53,054
Debtors 5 - 18,338
Cash at bank and in hand - 28,328
- 99,720
Creditors: amounts falling due within one year 6 (136,290) (182,294)
Net current liabilities (136,290) (82,574)
Total assets less current liabilities (136,290) (65,658)
Creditors: amounts falling due after more than one year 7 - (135,271)
Net liabilities (136,290) (200,929)
Capital and reserves
Called up share capital 100 100
Profit and loss account (136,390) (201,029)
Shareholders' funds (136,290) (200,929)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P J Stubbs
Director
Approved by the board on 29 November 2024
PVA ENTERTAINMENT LIMITED
Notes to the Accounts
for the period from 1 December 2023 to 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% to 25% reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 15 15
3 Intangible fixed assets £
Goodwill:
Cost
At 1 December 2023 10,000
At 30 September 2024 10,000
Amortisation
At 1 December 2023 10,000
At 30 September 2024 10,000
Net book value
At 30 September 2024 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 December 2023 14,884 95,801 110,685
Disposals - (16,916) (16,916)
At 30 September 2024 14,884 78,885 93,769
Depreciation
At 1 December 2023 14,884 78,885 93,769
At 30 September 2024 14,884 78,885 93,769
Net book value
At 30 September 2024 - - -
At 30 November 2023 - 16,916 16,916
5 Debtors 2024 2023
£ £
Trade debtors - 123
Other debtors - 18,215
- 18,338
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 25,000
Trade creditors - 143,521
Taxation and social security costs - 9,226
Other creditors 136,290 4,547
136,290 182,294
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 135,271
8 Other information
PVA ENTERTAINMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
1st & 2nd Floor 33 George Street
Croydon
England
CR0 1LB
PVA ENTERTAINMENT LIMITED 09490395 false 2023-12-01 2024-09-30 2024-09-30 VT Final Accounts April 2024 P J Stubbs No description of principal activity 09490395 2022-12-01 2023-11-30 09490395 core:WithinOneYear 2023-11-30 09490395 core:AfterOneYear 2023-11-30 09490395 core:ShareCapital 2023-11-30 09490395 core:RetainedEarningsAccumulatedLosses 2023-11-30 09490395 2023-12-01 2024-09-30 09490395 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-09-30 09490395 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-09-30 09490395 bus:Director40 2023-12-01 2024-09-30 09490395 1 2023-12-01 2024-09-30 09490395 2 2023-12-01 2024-09-30 09490395 core:LandBuildings 2023-12-01 2024-09-30 09490395 core:PlantMachinery 2023-12-01 2024-09-30 09490395 countries:England 2023-12-01 2024-09-30 09490395 bus:FRS102 2023-12-01 2024-09-30 09490395 bus:FilletedAccounts 2023-12-01 2024-09-30 09490395 2024-09-30 09490395 core:WithinOneYear 2024-09-30 09490395 core:AfterOneYear 2024-09-30 09490395 core:ShareCapital 2024-09-30 09490395 core:RetainedEarningsAccumulatedLosses 2024-09-30 09490395 core:Goodwill 2024-09-30 09490395 core:LandBuildings 2024-09-30 09490395 core:PlantMachinery 2024-09-30 09490395 2023-11-30 09490395 core:Goodwill 2023-11-30 09490395 core:LandBuildings 2023-11-30 09490395 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure