Ian Marsh Productions Limited 06485848 false 2023-02-01 2024-07-31 2024-07-31 The principal activity of the company is that of video production. The trade ceased on 31 July 2024. Digita Accounts Production Advanced 6.30.9574.0 true 06485848 2023-02-01 2024-07-31 06485848 2024-07-31 06485848 core:CurrentFinancialInstruments 2024-07-31 06485848 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 06485848 core:FurnitureFittings 2024-07-31 06485848 core:MotorVehicles 2024-07-31 06485848 1 2024-07-31 06485848 bus:SmallEntities 2023-02-01 2024-07-31 06485848 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-07-31 06485848 bus:FullAccounts 2023-02-01 2024-07-31 06485848 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-07-31 06485848 bus:RegisteredOffice 2023-02-01 2024-07-31 06485848 bus:Director1 2023-02-01 2024-07-31 06485848 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-07-31 06485848 core:FurnitureFittings 2023-02-01 2024-07-31 06485848 core:MotorVehicles 2023-02-01 2024-07-31 06485848 core:OfficeEquipment 2023-02-01 2024-07-31 06485848 core:ToolsEquipment 2023-02-01 2024-07-31 06485848 countries:EnglandWales 2023-02-01 2024-07-31 06485848 1 2023-02-01 2024-07-31 06485848 2023-01-31 06485848 core:FurnitureFittings 2023-01-31 06485848 core:MotorVehicles 2023-01-31 06485848 1 2023-01-31 06485848 2022-02-01 2023-01-31 06485848 2023-01-31 06485848 core:CurrentFinancialInstruments 2023-01-31 06485848 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 06485848 core:FurnitureFittings 2023-01-31 06485848 core:MotorVehicles 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 06485848

Ian Marsh Productions Limited

Unaudited Filleted Financial Statements

for the Period from 1 February 2023 to 31 July 2024

 

Ian Marsh Productions Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Ian Marsh Productions Limited

(Registration number: 06485848)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

5,393

Current assets

 

Debtors

5

1,531

4,284

Cash at bank and in hand

 

214

4,690

 

1,745

8,974

Creditors: Amounts falling due within one year

6

(3,081)

(12,823)

Net current liabilities

 

(1,336)

(3,849)

Total assets less current liabilities

 

(1,336)

1,544

Provisions for liabilities

-

(1,350)

Net (liabilities)/assets

 

(1,336)

194

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,436)

94

Shareholders' (deficit)/funds

 

(1,336)

194

For the financial period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 January 2025
 

 

Ian Marsh Productions Limited

(Registration number: 06485848)
Balance Sheet as at 31 July 2024

.........................................
I C Marsh
Director

 

Ian Marsh Productions Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of video production services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Ian Marsh Productions Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 July 2024

Asset class

Depreciation method and rate

Office equipment

25% reducing balance basis

Equipment

25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 2).

 

Ian Marsh Productions Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 July 2024

4

Tangible assets

Equipment
£

Office Equipment
£

Total
£

Cost or valuation

At 1 February 2023

3,390

7,700

11,090

Additions

1,983

-

1,983

Disposals

(5,373)

(7,700)

(13,073)

At 31 July 2024

-

-

-

Depreciation

At 1 February 2023

2,218

3,479

5,697

Charge for the period

438

1,583

2,021

Eliminated on disposal

(2,656)

(5,062)

(7,718)

At 31 July 2024

-

-

-

Carrying amount

At 31 July 2024

-

-

-

At 31 January 2023

1,172

4,221

5,393

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

1,190

Other debtors

1,531

3,094

 

1,531

4,284

 

Ian Marsh Productions Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2023 to 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

870

Taxation and social security

1,431

10,303

Other creditors

1,650

1,650

3,081

12,823

7

Related party transactions

Transactions with the director

2024

At 1 February 2023
£

Advances to director
£

Repayments by director
£

At 31 July 2024
£

Directors Loan

3,094

48,450

(49,258)

2,287