1 August 2023 false No description of principal activity Taxfiler 2024.6 10262237business:PrivateLimitedCompanyLtd2023-08-012024-03-31 102622372023-07-31 102622372023-08-012024-03-31 10262237business:AuditExempt-NoAccountantsReport2023-08-012024-03-31 10262237business:FilletedAccounts2023-08-012024-03-31 102622372024-03-31 10262237business:Director12023-08-012024-03-31 10262237business:RegisteredOffice2023-08-012024-03-31 102622372023-07-31 10262237core:WithinOneYear2024-03-31 10262237core:WithinOneYear2023-07-31 10262237core:AfterOneYear2024-03-31 10262237core:AfterOneYear2023-07-31 10262237core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10262237core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10262237core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10262237core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10262237core:PreviouslyStatedAmount2024-03-31 10262237core:PreviouslyStatedAmount2023-07-31 10262237business:SmallEntities2023-08-012024-03-31 10262237countries:EnglandWales2023-08-012024-03-31 10262237core:LandBuildings2023-08-012024-03-31 10262237core:PlantMachinery2023-08-012024-03-31 10262237core:MotorVehicles2023-08-012024-03-31 10262237core:ComputerEquipment2023-08-012024-03-31 10262237core:LandBuildings2023-07-31 10262237core:PlantMachinery2023-07-31 10262237core:MotorVehicles2023-07-31 10262237core:ComputerEquipment2023-07-31 10262237core:LandBuildings2024-03-31 10262237core:PlantMachinery2024-03-31 10262237core:MotorVehicles2024-03-31 10262237core:ComputerEquipment2024-03-31 102622372022-08-012023-07-31 iso4217:GBP xbrli:pure
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
Page
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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
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FILMFINITY PRODUCTIONS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
64,804 
181,215 
Current assets
Debtors
180,674 
21,708 
Cash at bank and in hand
123,752 
166,168 
304,426 
187,876 
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 
Capital and reserves
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
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FILMFINITY PRODUCTIONS LTD Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 March 2024
6,813 
50,071 
- 
7,920 
64,804 
At 31 July 2023
9,223 
157,723 
14,269 
- 
181,215 
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FILMFINITY PRODUCTIONS LTD Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
105,306 
16,919 
Accrued income and prepayments
11,463 
113 
Other debtors
4,676 
4,676 
121,445 
21,708 
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 
VAT
15,223 
3,075 
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)
Accruals
2,888 
3,259 
157,114 
77,877 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,944 
36,607 
Obligations under finance leases and hire purchase contracts
20,664 
19,447 
43,608 
56,054 
8
Average number of employees
During the period the average number of employees was 7 (2023: 7).
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