1 July 2023 false No description of principal activity Taxfiler 2024.6 14156361business:PrivateLimitedCompanyLtd2023-07-012024-06-30 141563612023-06-30 141563612023-07-012024-06-30 14156361business:AuditExemptWithAccountantsReport2023-07-012024-06-30 14156361business:FilletedAccounts2023-07-012024-06-30 141563612024-06-30 14156361business:Director12023-07-012024-06-30 14156361business:RegisteredOffice2023-07-012024-06-30 141563612023-06-30 14156361core:WithinOneYear2024-06-30 14156361core:WithinOneYear2023-06-30 14156361core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 14156361core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 14156361core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 14156361core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14156361core:PreviouslyStatedAmount2024-06-30 14156361core:PreviouslyStatedAmount2023-06-30 14156361business:SmallEntities2023-07-012024-06-30 14156361countries:EnglandWales2023-07-012024-06-30 14156361core:PlantMachinery2023-07-012024-06-30 14156361core:PlantMachinery2023-06-30 14156361core:PlantMachinery2024-06-30 141563612022-06-072023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 14156361 (England and Wales)
Momo Films Ltd Unaudited accounts for the year ended 30 June 2024
Momo Films Ltd Unaudited accounts Contents
Page
- 2 -
Momo Films Ltd Company Information for the year ended 30 June 2024
Director
Mohamed A Mohamed
Company Number
14156361 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Kaushik Khiroya, AFA LMK ACCOUNTING LTD THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB
- 3 -
Momo Films Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,217 
6,521 
Current assets
Debtors
39,426 
- 
Cash at bank and in hand
21,005 
3,156 
60,431 
3,156 
Creditors: amounts falling due within one year
(13,911)
(5,195)
Net current assets/(liabilities)
46,520 
(2,039)
Net assets
51,737 
4,482 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
51,736 
4,481 
Shareholders' funds
51,737 
4,482 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 April 2025 and were signed on its behalf by
Mohamed A Mohamed Director Company Registration No. 14156361
- 4 -
Momo Films Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Momo Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 14156361. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 7 June 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% - reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Momo Films Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
7,585 
At 30 June 2024
7,585 
Depreciation
At 1 July 2023
1,064 
Charge for the year
1,304 
At 30 June 2024
2,368 
Net book value
At 30 June 2024
5,217 
At 30 June 2023
6,521 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
9,679 
- 
Accrued income and prepayments
29,747 
- 
39,426 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
12,394 
1,450 
Loans from directors
367 
55 
Accruals
1,150 
3,690 
13,911 
5,195 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -