Company Registration No. 7789033 (England and Wales)
Transparency Films Ltd
Unaudited accounts
for the year ended 31 October 2024
Transparency Films Ltd
Unaudited accounts
Contents
Transparency Films Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
6,505
10,724
Cash at bank and in hand
36,298
15,914
Creditors: amounts falling due within one year
(25,886)
(9,175)
Net current assets
10,412
8,421
Called up share capital
2
2
Profit and loss account
16,915
19,143
Shareholders' funds
16,917
19,145
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by
Michael John Timney
Director
Company Registration No. 7789033
Transparency Films Ltd
Notes to the Accounts
for the year ended 31 October 2024
Transparency Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 7789033. The registered office is 260 Wells Road, Bristol, England, BS4 2PN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
88,284
18,645
2,644
109,573
At 31 October 2024
88,284
18,645
2,644
109,573
At 1 November 2023
77,560
18,645
2,644
98,849
Charge for the year
4,219
-
-
4,219
At 31 October 2024
81,779
18,645
2,644
103,068
At 31 October 2024
6,505
-
-
6,505
At 31 October 2023
10,724
-
-
10,724
Transparency Films Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,855
6,773
Loans from directors
166
14
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).