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REGISTERED NUMBER: 05154375 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

2 Create Film & Television Ltd

2 Create Film & Television Ltd (Registered number: 05154375)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


2 Create Film & Television Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: DJ Milnes
Mrs D Milnes





REGISTERED OFFICE: 1a Amberside House
Wood Lane
Paradise Industrial Est
Hemel Hempstead
Hertfordshire
HP2 4TP





REGISTERED NUMBER: 05154375 (England and Wales)





ACCOUNTANT: G Jakeman
1a Amberside House
Wood Lane
Paradise Industrial Estate
Hemel Hempstead
Hertfordshire
HP2 4TP

2 Create Film & Television Ltd (Registered number: 05154375)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,090 13,805

CURRENT ASSETS
Stocks 2,000 7,000
Debtors 5 36,817 36,526
Cash at bank and in hand 252 257
39,069 43,783
CREDITORS
Amounts falling due within one year 6 50,493 54,836
NET CURRENT LIABILITIES (11,424 ) (11,053 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,666

2,752

PROVISIONS FOR LIABILITIES 2,659 2,601
NET ASSETS 7 151

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (3 ) 141
SHAREHOLDERS' FUNDS 7 151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

2 Create Film & Television Ltd (Registered number: 05154375)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





DJ Milnes - Director


2 Create Film & Television Ltd (Registered number: 05154375)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

2 Create Film & Television 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.
Plant and machinery etc - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 41,387
Additions 3,046
At 30 June 2024 44,433
DEPRECIATION
At 1 July 2023 27,582
Charge for year 2,761
At 30 June 2024 30,343
NET BOOK VALUE
At 30 June 2024 14,090
At 30 June 2023 13,805

2 Create Film & Television Ltd (Registered number: 05154375)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 13,560 24,393
Other debtors 23,257 12,133
36,817 36,526

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 35,430 34,033
Trade creditors 4,683 1,435
Taxation and social security 9,471 18,480
Other creditors 909 888
50,493 54,836

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
DJ Milnes
Balance outstanding at start of year 12,133 25,400
Amounts advanced 11,124 1,733
Amounts repaid - (15,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,257 12,133