05727791falsetheatrical promotions2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director22023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05727791

Password Productions Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
Apple Tree Accountancy Ltd
Fox Fold House
Steventon Road
East Hanney
Wantage
OX12 0HS

Password Productions Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
Mr J B Mackay
Mr R J Eady
REGISTERED OFFICE
Fox Fold House
Steventon Road, East Hanney
Wantage
Oxon.
OX12 0HS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05727791
ACCOUNTANTS
Apple Tree Accountancy Ltd
Fox Fold House
Steventon Road
East Hanney
Wantage
OX12 0HS

Password Productions Ltd

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Password Productions Ltd

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Tangible assets393738
CURRENT ASSETS
Debtors4132,609455,275
Cash at bank and in hand1,138,9391,004,278
1,271,5481,459,553
CREDITORS: Amounts falling due within one year5131,199446,798
NET CURRENT ASSETS1,140,3491,012,755
TOTAL ASSETS LESS CURRENT LIABILITIES1,140,4421,013,493
PROVISIONS FOR LIABILITIES AND CHARGES623185
NET ASSETS1,140,4191,013,308
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account1,140,4171,013,306
SHAREHOLDERS' FUNDS1,140,4191,013,308
For the year ending 31/07/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/03/2025 and signed on their behalf by
.............................
Mr J B Mackay
Director

Password Productions Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 33 or 25%
2. EMPLOYEES
20242023
No.No.
Average number of employees11
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/08/202316,73816,738
At 31/07/202416,73816,738
Depreciation
At 01/08/202316,00016,000
For the year645645
At 31/07/202416,64516,645
Net Book Amounts
At 31/07/20249393
At 31/07/2023738738

Password Productions Ltd

4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors-285,841
Other tax15,43815,773
VAT23,350-
Other debtors2,50047,500
Prepayments90,627104,761
Accrued income6941,400
132,609455,275
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other taxation75,51550,566
VAT-19,192
Directors current account13,7031,709
Trade creditors25,88034
Accruals16,101375,297
131,199446,798
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation23185
23185
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22

Password Productions Ltd

8. CONTROLLING PARTY
The company was controlled throughout this year and the last by one of the directors, Mr J B Mackay, by virtue of his holding of 100% of the issued share capital.
9. RELATED PARTY TRANSACTIONS
At times during the year and the previous year, the company advanced monies to one of the directors, Mr J B Mackay. The maximum amount advanced during the year was £62,830 (2023 : £80,881) and the amount owed by the director to the company at the balance sheet date was £nil (2023 : £nil). Such advances are repayable on demand, and interest is charged at a normal commercial rate.