Registered number
08185944
Wild Films Ltd
Filleted Accounts
31 July 2024
Wild Films Ltd
Registered number: 08185944
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 50,371 59,472
Current assets
Debtors 4 2,232 3,161
Cash at bank and in hand 639 (8,277)
2,871 (5,116)
Creditors: amounts falling due within one year 5 (76,789) (79,312)
Net current liabilities (73,918) (84,428)
Net liabilities (23,547) (24,956)
Capital and reserves
Called up share capital 1 1
Profit and loss account (23,548) (24,957)
Shareholders' funds (23,547) (24,956)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Stone
Director
Approved by the board on 14 February 2025
Wild Films Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Fixtures & fittings Plant and machinery etc Total
£ £ £
Cost
At 1 August 2023 62,167 51,951 114,118
Additions 3,492 - 3,492
At 31 July 2024 65,659 51,951 117,610
Depreciation
At 1 August 2023 35,755 18,891 54,646
Charge for the year 5,981 6,612 12,593
At 31 July 2024 41,736 25,503 67,239
Net book value
At 31 July 2024 23,923 26,448 50,371
At 31 July 2023 26,412 33,060 59,472
4 Debtors 2024 2023
£ £
Trade debtors 1,308 1,918
Prepayments 924 1,243
2,232 3,161
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts - 7,387
Trade creditors - 16
Amounts owed to group undertakings and undertakings in which the company has a participating interest 3,436 -
Directors Account 68,931 68,881
Accruals 715 683
VAT 1,707 345
Other creditors 2,000 2,000
76,789 79,312
6 Other information
Wild Films Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2 Tameside Work Centre
Ryecroft Street
Ashton Under Lyne
England
OL7 0BY
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