Company registration number 08146580 (England and Wales)
IN POINT EDITING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
IN POINT EDITING LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF IN POINT EDITING LIMITED FOR THE YEAR ENDED 31 JULY 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of In Point Editing Limited for the year ended 31 July 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of In Point Editing Limited, as a body, in accordance with the terms of our engagement letter dated 11 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of In Point Editing Limited and state those matters that we have agreed to state to the board of directors of In Point Editing Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than In Point Editing Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that In Point Editing Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that In Point Editing Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of In Point Editing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Waters & Atkinson
13 January 2025
Chartered Accountants
The Old Court House
Clark Street
Morecambe
Lancashire
LA4 5HR
IN POINT EDITING LIMITED
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
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2024
2023
£
£
£
£
Fixed assets
194
42
Current assets
31,470
38,334
Prepayments and accrued income
108
270
Creditors: amounts falling due within one year
(20,324)
(18,130)
Net current assets
11,254
20,474
Total assets less current liabilities
11,448
20,516
Creditors: amounts falling due after more than one year
(1,981)
(3,994)
Net assets
9,467
16,522
Capital and reserves
9,467
16,522
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The Directors’ loan account was overdrawn in the period with a year end balance of £9,442. The maximum overdrawn balance in the year was £48,381. Interest of 2.25% was charged on this loan.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
In Point Editing Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Court House, Clark Street, Morecambe, Lancashire, LA4 5HR.
For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
IN POINT EDITING LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
31 July 2024
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The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 13 January 2025
Mr D P C Searle
Director
Company registration number 08146580 (England and Wales)