IRIS Accounts Production v24.3.2.46 SC277277 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2772772023-03-31SC2772772024-03-31SC2772772023-04-012024-03-31SC2772772022-03-31SC2772772022-04-012023-03-31SC2772772023-03-31SC277277ns15:Scotland2023-04-012024-03-31SC277277ns14:PoundSterling2023-04-012024-03-31SC277277ns10:Director12023-04-012024-03-31SC277277ns10:CompanyLimitedByGuarantee2023-04-012024-03-31SC277277ns10:SmallEntities2023-04-012024-03-31SC277277ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC277277ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC277277ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC277277ns10:FullAccounts2023-04-012024-03-31SC277277ns10:Director22023-04-012024-03-31SC277277ns10:Director32023-04-012024-03-31SC277277ns10:Director42023-04-012024-03-31SC277277ns10:Director72023-04-012024-03-31SC277277ns10:CompanySecretary12023-04-012024-03-31SC277277ns10:RegisteredOffice2023-04-012024-03-31SC277277ns5:CurrentFinancialInstruments2024-03-31SC277277ns5:CurrentFinancialInstruments2023-03-31SC277277ns5:RetainedEarningsAccumulatedLosses2024-03-31SC277277ns5:RetainedEarningsAccumulatedLosses2023-03-31SC277277ns5:PlantMachinery2023-04-012024-03-31SC277277ns5:PlantMachinery2023-03-31SC277277ns5:PlantMachinery2024-03-31SC277277ns5:PlantMachinery2023-03-31SC277277ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31SC277277ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: SC277277 (Scotland)















SOCIAL CHANGE PRODUCTIONS LIMITED
TRADING AS
MEDIACO-OP

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






SOCIAL CHANGE PRODUCTIONS LIMITED (REGISTERED NUMBER: SC277277)
TRADING AS MEDIACO-OP

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOCIAL CHANGE PRODUCTIONS LIMITED
TRADING AS MEDIACO-OP

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: L Broadbent
L Scott
I Reid
V Vaitkute
C F Robertson





SECRETARY: I Reid





REGISTERED OFFICE: 406 White Studios
Templeton on the Green
62 Templeton Street
Glasgow
G40 1DA





REGISTERED NUMBER: SC277277 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

SOCIAL CHANGE PRODUCTIONS LIMITED (REGISTERED NUMBER: SC277277)
TRADING AS MEDIACO-OP

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,507 7,880

CURRENT ASSETS
Stocks 597 597
Debtors 5 19,515 56,534
Cash at bank 3,275 51,195
23,387 108,326
CREDITORS
Amounts falling due within one year 6 23,178 68,221
NET CURRENT ASSETS 209 40,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,716

47,985

PROVISIONS FOR LIABILITIES - 1,143
NET ASSETS 2,716 46,842

RESERVES
Income and expenditure account 2,716 46,842
2,716 46,842

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

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

The directors acknowledge their 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 surplus or deficit 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.

SOCIAL CHANGE PRODUCTIONS LIMITED (REGISTERED NUMBER: SC277277)
TRADING AS MEDIACO-OP

BALANCE SHEET - continued
31 March 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 Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





L Scott - Director


SOCIAL CHANGE PRODUCTIONS LIMITED (REGISTERED NUMBER: SC277277)
TRADING AS MEDIACO-OP

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Social Change Productions Limited is a private company, limited by guarantee , registered in Scotland. 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 comprises the value of goods and services supplied by the company in the year, excluding value added tax and net of trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance, 33% on reducing balance and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
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.

Grant income
Government grants in respect of revenue expenditure are credited to the profit and loss account in the year to which they relate.

SOCIAL CHANGE PRODUCTIONS LIMITED (REGISTERED NUMBER: SC277277)
TRADING AS MEDIACO-OP

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 76,587
Disposals (65,463 )
At 31 March 2024 11,124
DEPRECIATION
At 1 April 2023 68,707
Charge for year 3,973
Eliminated on disposal (64,063 )
At 31 March 2024 8,617
NET BOOK VALUE
At 31 March 2024 2,507
At 31 March 2023 7,880

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 19,397 51,939
Other debtors 118 4,595
19,515 56,534

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,170 -
Directors' loan account - 5,272
Social security and other taxes 13,058 19,802
Other creditors 950 7,671
Accruals and deferred income - 35,476
23,178 68,221

7. SHARE CAPITAL

The company is limited by guarantee and does not have any share capital.

In the event of the company being wound up, every Member of the company undertakes to contribute a sum not exceeding £1 to its assets for payment of any outstanding debts and liabilities.