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REGISTERED NUMBER: 08746463 (England and Wales)













PREFECT PICTURES LTD.

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






PREFECT PICTURES LTD. (REGISTERED NUMBER: 08746463)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PREFECT PICTURES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr M J Barry





REGISTERED OFFICE: 9 Plas-Y-Llan
Whitchurch
Cardiff
CF14 2AF





REGISTERED NUMBER: 08746463 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

PREFECT PICTURES LTD. (REGISTERED NUMBER: 08746463)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £ £ £
FIXED ASSETS
Tangible assets 4 2,437 2,541

CURRENT ASSETS
Debtors 5 92,821 50,423
Cash at bank 106,505 147,232
199,326 197,655
CREDITORS
Amounts falling due within one year 6 38,893 72,026
NET CURRENT ASSETS 160,433 125,629
TOTAL ASSETS LESS CURRENT LIABILITIES 162,870 128,170

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 162,869 128,169
SHAREHOLDERS' FUNDS 162,870 128,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 May 2025 and were signed by:





Mr M J Barry - Director


PREFECT PICTURES LTD. (REGISTERED NUMBER: 08746463)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Prefect Pictures Ltd. 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.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 April 2024 6,064
Additions 708
At 31 March 2025 6,772
DEPRECIATION
At 1 April 2024 3,523
Charge for year 812
At 31 March 2025 4,335
NET BOOK VALUE
At 31 March 2025 2,437
At 31 March 2024 2,541

PREFECT PICTURES LTD. (REGISTERED NUMBER: 08746463)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 857 -
Amounts owed by group undertakings 89,476 27,382
Other debtors 2,488 23,041
92,821 50,423

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Taxation and social security 36,852 70,576
Other creditors 2,041 1,450
38,893 72,026

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
1 Ordinary £1 1 1