Company Registration No. 10262237 (England and Wales)
FILMFINITY PRODUCTIONS LTD
Unaudited accounts
for the period from 1 August 2023 to 31 March 2024
FILMFINITY PRODUCTIONS LTD
Unaudited accounts
Contents
FILMFINITY PRODUCTIONS LTD
Company Information
for the period from 1 August 2023 to 31 March 2024
Director
Maurizio Cisterna
Company Number
10262237 (England and Wales)
Registered Office
Metro Centre Park Royal Unit 4
Britannia Way
London,
NW10 7PA
England
Accountants
Taxsolvers
108 Belgrave Gate
Leicester
Leicestershire
LE1 3GR
FILMFINITY PRODUCTIONS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
64,804
181,215
Cash at bank and in hand
123,752
166,168
Creditors: amounts falling due within one year
(157,114)
(77,877)
Net current assets
147,312
109,999
Total assets less current liabilities
212,116
291,214
Creditors: amounts falling due after more than one year
(43,608)
(56,054)
Provisions for liabilities
Deferred tax
(11,019)
(32,678)
Net assets
157,489
202,482
Called up share capital
100
100
Profit and loss account
157,389
202,382
Shareholders' funds
157,489
202,482
For the period ending 31 March 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 director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Maurizio Cisterna
Director
Company Registration No. 10262237
FILMFINITY PRODUCTIONS LTD
Notes to the Accounts
for the period from 1 August 2023 to 31 March 2024
FILMFINITY PRODUCTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10262237. The registered office is Metro Centre Park Royal Unit 4, Britannia Way, London,, NW10 7PA, England.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on Straight Line
Plant & machinery
20% on Straight Line
Motor vehicles
20% on Straight Line
Computer equipment
33.33% on Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
12,052
340,584
22,728
-
375,364
Additions
-
2,500
-
11,880
14,380
Disposals
-
(109,003)
(21,278)
-
(130,281)
At 31 March 2024
12,052
234,081
1,450
11,880
259,463
At 1 August 2023
2,829
182,861
8,459
-
194,149
Charge for the period
2,410
39,655
(290)
3,960
45,735
On disposals
-
(38,506)
(6,719)
-
(45,225)
At 31 March 2024
5,239
184,010
1,450
3,960
194,659
At 31 March 2024
6,813
50,071
-
7,920
64,804
At 31 July 2023
9,223
157,723
14,269
-
181,215
FILMFINITY PRODUCTIONS LTD
Notes to the Accounts
for the period from 1 August 2023 to 31 March 2024
Amounts falling due within one year
Trade debtors
105,306
16,919
Accrued income and prepayments
11,463
113
Amounts falling due after more than one year
Amounts due from group undertakings etc.
59,229
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26,218
26,327
Obligations under finance leases and hire purchase contracts
1,322
1,322
Trade creditors
42,673
30,204
Taxes and social security
41,369
33,928
Proposed dividends
2,824
2,824
Other creditors
23,954
3,231
Loans from directors
643
(26,293)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
20,664
19,447
8
Average number of employees
During the period the average number of employees was 7 (2023: 7).