IT RUNS ON WATER PRODUCTIONS LTD

Company Registration Number:
14293515 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

IT RUNS ON WATER PRODUCTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

IT RUNS ON WATER PRODUCTIONS LTD

Balance sheet

As at 31 August 2024


Notes

2024

13 months to 31 August 2023


£

£
Fixed assets
Tangible assets: 3 1,227 938
Total fixed assets: 1,227 938
Current assets
Debtors:   8,974 0
Cash at bank and in hand: 150,495 143,783
Total current assets: 159,469 143,783
Creditors: amounts falling due within one year:   (23,547) (53,995)
Net current assets (liabilities): 135,922 89,788
Total assets less current liabilities: 137,149 90,726
Provision for liabilities: (411) (178)
Total net assets (liabilities): 136,738 90,548
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 136,638 90,448
Shareholders funds: 136,738 90,548

The notes form part of these financial statements

IT RUNS ON WATER PRODUCTIONS LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 May 2025
and signed on behalf of the board by:

Name: Mr D V Walters
Status: Director

The notes form part of these financial statements

IT RUNS ON WATER PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Computers 25% Reducing Balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying amount of the asset, and is credited or charged to profit or loss

IT RUNS ON WATER PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 13 months to 31 August 2023
Average number of employees during the period 1 1

IT RUNS ON WATER PRODUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 958
Additions 333
At 31 August 2024 1,291
Depreciation
At 01 September 2023 20
Charge for year 44
At 31 August 2024 64
Net book value
At 31 August 2024 1,227
At 31 August 2023 938