Company registration number SC306571 (Scotland)
SQUARE FACE PRODUCTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
SQUARE FACE PRODUCTIONS LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
3,690
4,349
Current assets
19,866
25,287
Creditors: amounts falling due within one year
(10,996)
(20,526)
Net current assets
8,870
4,761
Total assets less current liabilities
12,560
9,110
Creditors: amounts falling due after more than one year
(9,722)
(10,972)
Net assets/(liabilities)
2,838
(1,862)
Capital and reserves
2,838
(1,862)
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the year end, the director has an outstanding balance of £10,054 (2023: £11,292) owed to the company. Interest is charged on this loan at 2.25% and it is repayable to the company on demand.
2
Average employees
The average number of persons (including directors) employed by the company during the year was 1 (2023 - 1).
3
Going concern
At the time of approving the financial statements, the director is confident that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
Square Face Productions Limited is a private company limited by shares incorporated in Scotland. The registered office is 33 Broomieknowe Park, Bonnyrigg, Midlothian, Scotland, EH19 2JB.
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
SQUARE FACE PRODUCTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024
31 August 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 15 April 2025
P Diffley
Director
Company Registration Number SC306571