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REGISTERED NUMBER: 12006835 (England and Wales)












OUR OWN PRODUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OUR OWN PRODUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: B P Deamer





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 12006835 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,816 2,756

CURRENT ASSETS
Debtors 5 157,484 65,760
Cash at bank and in hand 324,263 189,450
481,747 255,210
CREDITORS
Amounts falling due within one year 6 134,259 59,503
NET CURRENT ASSETS 347,488 195,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

350,304

198,463

PROVISIONS FOR LIABILITIES 7 535 537
NET ASSETS 349,769 197,926

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 349,669 197,826
SHAREHOLDERS' FUNDS 349,769 197,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

BALANCE SHEET - continued
31 MAY 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 director and authorised for issue on 12 February 2025 and were signed by:





B P Deamer - Director


OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Our Own Production Limited 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 2,086 4,730 6,816
Additions - 999 999
At 31 May 2024 2,086 5,729 7,815
DEPRECIATION
At 1 June 2023 1,250 2,810 4,060
Charge for year 209 730 939
At 31 May 2024 1,459 3,540 4,999
NET BOOK VALUE
At 31 May 2024 627 2,189 2,816
At 31 May 2023 836 1,920 2,756

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 157,484 65,760

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 6,122 21,312
Tax 72,712 24,772
Social security and other taxes - 84
VAT 52,358 11,412
Directors' current accounts 967 173
Accrued expenses 2,100 1,750
134,259 59,503

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 535 537

Deferred
tax
£   
Balance at 1 June 2023 537
Provided during year (2 )
Balance at 31 May 2024 535

OUR OWN PRODUCTION LIMITED (REGISTERED NUMBER: 12006835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2023 197,826
Profit for the year 216,843
Dividends (65,000 )
At 31 May 2024 349,669

10. ULTIMATE CONTROLLING PARTY

The controlling party is B P Deamer.