Goldfinch Features Limited 14811380 false 2023-04-18 2024-04-30 2024-04-30 The principal activity of the company is Motion picture production activities Digita Accounts Production Advanced 6.30.9574.0 true true 14811380 2023-04-18 2024-04-30 14811380 2024-04-30 14811380 core:CurrentFinancialInstruments 2024-04-30 14811380 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 14811380 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 14811380 bus:SmallEntities 2023-04-18 2024-04-30 14811380 bus:AuditExemptWithAccountantsReport 2023-04-18 2024-04-30 14811380 bus:FullAccounts 2023-04-18 2024-04-30 14811380 bus:SmallCompaniesRegimeForAccounts 2023-04-18 2024-04-30 14811380 bus:RegisteredOffice 2023-04-18 2024-04-30 14811380 bus:Director1 2023-04-18 2024-04-30 14811380 bus:PrivateLimitedCompanyLtd 2023-04-18 2024-04-30 14811380 countries:UnitedKingdom 2023-04-18 2024-04-30 iso4217:GBP xbrli:pure

Registration number: 14811380

Goldfinch Features Limited

Annual Report and Unaudited Financial Statements

for the Period from 18 April 2023 to 30 April 2024

 

Goldfinch Features Limited

(Registration number: 14811380)
Balance Sheet as at 30 April 2024

Note

2024
£

Current assets

 

Debtors

442,055

Cash at bank and in hand

 

127

 

442,182

Creditors: Amounts falling due within one year

(35,861)

Total assets less current liabilities

 

406,321

Creditors: Amounts falling due after more than one year

(430,443)

Net liabilities

 

(24,122)

Capital and reserves

 

Called up share capital

1

Retained earnings

(24,123)

Shareholders' deficit

 

(24,122)

For the financial period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 14 April 2025
 

.........................................
Mrs Kirsty Bell
Director

 

Goldfinch Features Limited

Notes to the Unaudited Financial Statements for the Period from 18 April 2023 to 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Flat 2 Ocean View
Harbour Road
Seaton
EX12 2LS

These financial statements were authorised for issue by the director on 14 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Goldfinch Features Limited

Notes to the Unaudited Financial Statements for the Period from 18 April 2023 to 30 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.