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Registration number: 07016206

Humanoid Productions Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Humanoid Productions Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Humanoid Productions Ltd

Company Information

Directors

M Lomax

T Down

C Gandy

A Thane

P J Morris

Company secretary

C M Hackney

Registered office

Barn 8, Office 3
Dunston Business Village
Stafford
Staffordshire
ST18 9AB

 

Humanoid Productions Ltd

(Registration number: 07016206)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

5

4,976

7,214

Tangible assets

6

17,956

22,674

 

22,932

29,888

Current assets

 

Debtors

7

19,252

26,983

Cash at bank and in hand

 

24,954

65,737

 

44,206

92,720

Creditors: Amounts falling due within one year

8

(36,800)

(46,639)

Net current assets

 

7,406

46,081

Total assets less current liabilities

 

30,338

75,969

Creditors: Amounts falling due after more than one year

8

(16,709)

(27,332)

Provisions for liabilities

(3,411)

(4,308)

Net assets

 

10,218

44,329

Capital and reserves

 

Called up share capital

9

20

20

Share premium reserve

4,996

4,996

Retained earnings

5,202

39,313

Shareholders' funds

 

10,218

44,329

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

Directors' responsibilities:

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

The directors acknowledge their 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 Board on 24 April 2025 and signed on its behalf by:
 

 

Humanoid Productions Ltd

(Registration number: 07016206)
Balance Sheet as at 30 September 2024

.........................................
M Lomax
Director

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

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

The address of its registered office is:
Barn 8, Office 3
Dunston Business Village
Stafford
Staffordshire
ST18 9AB

These financial statements were authorised for issue by the Board on 24 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

25% Straight line 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.

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

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

4

Profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

8,510

8,982

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 October 2023

7,214

7,214

Disposals

(2,238)

(2,238)

At 30 September 2024

4,976

4,976

Amortisation

Carrying amount

At 30 September 2024

4,976

4,976

At 30 September 2023

7,214

7,214

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

3,568

19,525

94,006

117,099

Additions

-

-

3,792

3,792

At 30 September 2024

3,568

19,525

97,798

120,891

Depreciation

At 1 October 2023

2,596

4,881

86,948

94,425

Charge for the year

195

3,661

4,654

8,510

At 30 September 2024

2,791

8,542

91,602

102,935

Carrying amount

At 30 September 2024

777

10,983

6,196

17,956

At 30 September 2023

972

14,644

7,058

22,674

7

Debtors

Current

2024
£

2023
£

Trade debtors

19,252

26,983

 

19,252

26,983

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

10

10,467

10,311

Trade creditors

 

3,271

1,856

Taxation and social security

 

12,124

18,262

Other creditors

 

10,938

16,210

 

36,800

46,639

Creditors: amounts falling due after more than one year

 

Humanoid Productions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10

16,709

27,332

9

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

20

20

20

20

       

10

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

6,873

13,426

Other borrowings

9,836

13,906

16,709

27,332

Current loans and borrowings

2024
£

2023
£

Bank borrowings

6,397

6,241

Other borrowings

4,070

4,070

10,467

10,311