Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08148170 Mrs Kate Hutchings Mr Gary Hutchings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08148170 2023-07-31 08148170 2024-07-31 08148170 2023-08-01 2024-07-31 08148170 frs-core:CurrentFinancialInstruments 2024-07-31 08148170 frs-core:ComputerEquipment 2024-07-31 08148170 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08148170 frs-core:ComputerEquipment 2023-07-31 08148170 frs-core:MotorVehicles 2024-07-31 08148170 frs-core:MotorVehicles 2023-08-01 2024-07-31 08148170 frs-core:MotorVehicles 2023-07-31 08148170 frs-core:PlantMachinery 2024-07-31 08148170 frs-core:PlantMachinery 2023-08-01 2024-07-31 08148170 frs-core:PlantMachinery 2023-07-31 08148170 frs-core:ShareCapital 2024-07-31 08148170 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08148170 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08148170 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08148170 frs-bus:SmallEntities 2023-08-01 2024-07-31 08148170 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08148170 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08148170 frs-bus:Director1 2023-08-01 2024-07-31 08148170 frs-bus:Director2 2023-08-01 2024-07-31 08148170 frs-countries:EnglandWales 2023-08-01 2024-07-31 08148170 2022-07-31 08148170 2023-07-31 08148170 2022-08-01 2023-07-31 08148170 frs-core:CurrentFinancialInstruments 2023-07-31 08148170 frs-core:ShareCapital 2023-07-31 08148170 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 08148170
GH Film Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08148170
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,723 19,187
50,723 19,187
CURRENT ASSETS
Debtors 5 3,255 -
Cash at bank and in hand 1,531 14,736
4,786 14,736
Creditors: Amounts Falling Due Within One Year 6 (47,555 ) (13,907 )
NET CURRENT ASSETS (LIABILITIES) (42,769 ) 829
TOTAL ASSETS LESS CURRENT LIABILITIES 7,954 20,016
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (9,637 ) (3,646 )
NET (LIABILITIES)/ASSETS (1,683 ) 16,370
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account (1,693 ) 16,360
SHAREHOLDERS' FUNDS (1,683) 16,370
Page 1
Page 2
For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Hutchings
Director
16/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GH Film Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08148170 . The registered office is Lexham House, Forest Road, Binfield, Bracknell, Berkshire, RG42 4HP.
2. Accounting Policies
2.1. Basis of Preparation of 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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised for the provision of services as the contractual activity progresses.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, 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 statement of financial position date.
2.5. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 74,292 86,724 6,125 167,141
Additions - 49,543 - 49,543
Disposals - (58,499 ) - (58,499 )
As at 31 July 2024 74,292 77,768 6,125 158,185
Depreciation
As at 1 August 2023 69,225 73,600 5,129 147,954
Provided during the period 1,267 7,134 249 8,650
Disposals - (49,142 ) - (49,142 )
As at 31 July 2024 70,492 31,592 5,378 107,462
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 3,800 46,176 747 50,723
As at 1 August 2023 5,067 13,124 996 19,187
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,255 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 248 185
Other creditors 46,229 8,414
Taxation and social security 1,078 5,308
47,555 13,907
7. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position 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.
2024 2023
£ £
Other timing differences 9,637 3,646
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4