Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 11326095 Ms Margaret Cunningham Monteith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11326095 2023-06-30 11326095 2024-06-30 11326095 2023-07-01 2024-06-30 11326095 frs-core:CurrentFinancialInstruments 2024-06-30 11326095 frs-core:ShareCapital 2024-06-30 11326095 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11326095 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11326095 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11326095 frs-bus:SmallEntities 2023-07-01 2024-06-30 11326095 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11326095 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11326095 frs-bus:Director1 2023-07-01 2024-06-30 11326095 frs-countries:EnglandWales 2023-07-01 2024-06-30 11326095 2022-06-30 11326095 2023-06-30 11326095 2022-07-01 2023-06-30 11326095 frs-core:CurrentFinancialInstruments 2023-06-30 11326095 frs-core:ShareCapital 2023-06-30 11326095 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 11326095
Balance Film Company Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11326095
2024 2023
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year 4 (848,837 ) (848,657 )
NET CURRENT ASSETS (LIABILITIES) (848,837 ) (848,657 )
TOTAL ASSETS LESS CURRENT LIABILITIES (848,837 ) (848,657 )
NET LIABILITIES (848,837 ) (848,657 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (848,937 ) (848,757 )
SHAREHOLDERS' FUNDS (848,837) (848,657)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Margaret Cunningham Monteith
Director
05/03/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Balance Film Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11326095 . The registered office is 215-221 Borough High Street , C/O Eam London Limited, London, United Kingdom, SE1 1JA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
The company has been incorporated to make a film called “Balance, Not Symmetry''. In common with the film and television industry the majority of the crew were hired on short term contracts for the duration of principal photography or were self-employed. Number of directors active for the year: 1 (2023: 1)
1 1
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 827,837 827,657
Accruals and deferred income 21,000 21,000
848,837 848,657
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2