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REGISTERED NUMBER: 03408650 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Flat Earth Scenery And Staging Limited

Flat Earth Scenery And Staging Limited (Registered number: 03408650)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Flat Earth Scenery And Staging Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: G A Greenway
R A J Willats





SECRETARY: G A Greenway





REGISTERED OFFICE: Units A & B
White Street
Bristol Avon
BS5 0TS





REGISTERED NUMBER: 03408650 (England and Wales)





ACCOUNTANTS: Castle Accountancy Services Limited
The Former Church Rooms
Church Street
Nunney
Frome
Somerset
BA11 4LW

Flat Earth Scenery And Staging Limited (Registered number: 03408650)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 14,313 22,041

CURRENT ASSETS
Stocks 29,000 23,000
Debtors 5 61,046 94,694
Cash at bank 181,037 174,762
271,083 292,456
CREDITORS
Amounts falling due within one year 6 57,390 79,029
NET CURRENT ASSETS 213,693 213,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,006

235,468

CREDITORS
Amounts falling due after more than one
year

7

-

(21,667

)

PROVISIONS FOR LIABILITIES (3,578 ) (5,510 )
NET ASSETS 224,428 208,291

CAPITAL AND RESERVES
Called up share capital 8 1,100 1,100
Retained earnings 223,328 207,191
SHAREHOLDERS' FUNDS 224,428 208,291

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 profit or loss 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.

Flat Earth Scenery And Staging Limited (Registered number: 03408650)

Balance Sheet - continued
31 July 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 23 April 2025 and were signed on its behalf by:





G A Greenway - Director


Flat Earth Scenery And Staging Limited (Registered number: 03408650)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Flat Earth Scenery And Staging Limited is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Flat Earth Scenery And Staging Limited (Registered number: 03408650)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 August 2023 34,360 108,927 111,977 255,264
Additions - 316 - 316
Disposals - (32,352 ) (52,405 ) (84,757 )
At 31 July 2024 34,360 76,891 59,572 170,823
DEPRECIATION
At 1 August 2023 34,360 96,741 102,122 233,223
Charge for year - 2,619 2,152 4,771
Eliminated on disposal - (30,327 ) (51,157 ) (81,484 )
At 31 July 2024 34,360 69,033 53,117 156,510
NET BOOK VALUE
At 31 July 2024 - 7,858 6,455 14,313
At 31 July 2023 - 12,186 9,855 22,041

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 52,196 85,844
Prepayments and accrued income 8,850 8,850
61,046 94,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 2,765 10,210
Tax 23,667 26,871
VAT 27,879 27,858
Other creditors 2,000 2,000
Government backed loan - 10,000
Accruals and deferred income 1,079 2,090
57,390 79,029

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Government backed loan - 21,667

Flat Earth Scenery And Staging Limited (Registered number: 03408650)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
1,100 Ordinary £1 1,100 1,100

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £57,000 (2023 - £57,000) were paid to the directors .