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REGISTERED NUMBER: 03500635 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Wendy House Productions Limited

Wendy House Productions Limited (Registered number: 03500635)






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


Wendy House Productions Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J C Meehan





SECRETARY: M G Meehan





REGISTERED OFFICE: Pear Tree Barn
Pot Kiln Lane High Halden
Ashford
Kent
TN26 3HJ





REGISTERED NUMBER: 03500635 (England and Wales)






Wendy House Productions Limited (Registered number: 03500635)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,038 4,869

CURRENT ASSETS
Debtors 5 75,731 102,208
Cash at bank 9 7,331
75,740 109,539
CREDITORS
Amounts falling due within one year 6 109,761 109,324
NET CURRENT (LIABILITIES)/ASSETS (34,021 ) 215
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,983

)

5,084

CREDITORS
Amounts falling due after more than one
year

7

34,128

40,004
NET LIABILITIES (66,111 ) (34,920 )

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings 9 (66,213 ) (35,022 )
SHAREHOLDERS' FUNDS (66,111 ) (34,920 )

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 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.

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 2 December 2024 and were signed by:





J C Meehan - Director


Wendy House Productions Limited (Registered number: 03500635)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Wendy House Productions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 10% on cost
Plant and Equipment - 20% on cost
Computer equipment - 33% on cost

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.

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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The company sustained a loss during the year and it still had net liabilities as at 31st March 2024. The sole director has confirmed that with the continued financial assistance from third party creditors and with the support of the company's bankers for the foreseeable future he considers it appropriate to prepare these accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

Wendy House Productions Limited (Registered number: 03500635)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property Equipment equipment Totals
£    £    £    £   
COST
At 1 April 2023 55,532 122,062 20,316 197,910
Additions - 1,245 - 1,245
At 31 March 2024 55,532 123,307 20,316 199,155
DEPRECIATION
At 1 April 2023 55,532 119,947 17,562 193,041
Charge for year - 2,364 1,712 4,076
At 31 March 2024 55,532 122,311 19,274 197,117
NET BOOK VALUE
At 31 March 2024 - 996 1,042 2,038
At 31 March 2023 - 2,115 2,754 4,869

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,484 38,571
Other debtors 63,247 63,637
75,731 102,208

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 14,553 6,981
Taxation and social security - 5,850
Other creditors 95,208 96,493
109,761 109,324

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 34,128 40,004

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,905 17,781

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100
1 Ordinary Class "B" £1 1 1
1 Ordinary Class "C" £1 1 1
102 102

Wendy House Productions Limited (Registered number: 03500635)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 (35,022 )
Deficit for the year (31,191 )
At 31 March 2024 (66,213 )

10. RELATED PARTY DISCLOSURES

The trading premises occupied by the company is owned by a SIPP in which the sole director is a member. There is a formal lease in place between the company and the pension scheme with an annual market value rent amounting to £32,500 being payable by the company.

Within other debtors is an amount of £49,220 (2023 - £54,221) due from J C M Music Ltd, a company in which Mr J C Meehan is a director and shareholder.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J C Meehan.