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REGISTERED NUMBER: 07647405 (England and Wales)















Unaudited Financial Statements

for the Period 31 May 2023 to 29 May 2024

for

Lorton Entertainment Limited

Lorton Entertainment Limited (Registered number: 07647405)






Contents of the Financial Statements
for the Period 31 May 2023 to 29 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lorton Entertainment Limited

Company Information
for the Period 31 May 2023 to 29 May 2024







DIRECTORS: Mr J Bird
Mr J Berry





REGISTERED OFFICE: Solent House
107a Alma Road
Southampton
Hampshire
SO14 6UY





REGISTERED NUMBER: 07647405 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Lorton Entertainment Limited (Registered number: 07647405)

Balance Sheet
29 May 2024

29.5.24 30.5.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,007 4,009

CURRENT ASSETS
Debtors 5 172,543 173,014
Cash at bank 17 17
172,560 173,031
CREDITORS
Amounts falling due within one year 6 962,943 1,331,907
NET CURRENT LIABILITIES (790,383 ) (1,158,876 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(787,376

)

(1,154,867

)

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Share premium 233,731 233,731
Retained earnings (1,024,107 ) (1,391,598 )
SHAREHOLDERS' FUNDS (787,376 ) (1,154,867 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 May 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.

Lorton Entertainment Limited (Registered number: 07647405)

Balance Sheet - continued
29 May 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 27 May 2025 and were signed on its behalf by:





Mr J Bird - Director


Lorton Entertainment Limited (Registered number: 07647405)

Notes to the Financial Statements
for the Period 31 May 2023 to 29 May 2024

1. STATUTORY INFORMATION

Lorton Entertainment 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

Lorton Entertainment Limited (Registered number: 07647405)

Notes to the Financial Statements - continued
for the Period 31 May 2023 to 29 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 31 May 2023 15,776 11,127 26,903
Disposals - (11,127 ) (11,127 )
At 29 May 2024 15,776 - 15,776
DEPRECIATION
At 31 May 2023 11,767 11,127 22,894
Charge for period 1,002 - 1,002
Eliminated on disposal - (11,127 ) (11,127 )
At 29 May 2024 12,769 - 12,769
NET BOOK VALUE
At 29 May 2024 3,007 - 3,007
At 30 May 2023 4,009 - 4,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.24 30.5.23
£    £   
Trade debtors - 162
Other debtors 66,734 69,369
Directors' current accounts 79,804 78,065
Tax 26,005 25,418
172,543 173,014

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.24 30.5.23
£    £   
Trade creditors 1,699 1,272
Corporation tax 3,425 2,719
VAT 102,489 50,791
Other creditors 853,790 1,275,655
Accrued expenses 1,540 1,470
962,943 1,331,907

Lorton Entertainment Limited (Registered number: 07647405)

Notes to the Financial Statements - continued
for the Period 31 May 2023 to 29 May 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 29 May 2024 and 30 May 2023:

29.5.24 30.5.23
£    £   
Mr J Bird
Balance outstanding at start of period 78,065 76,535
Amounts advanced 1,739 1,530
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 79,804 78,065

8. RELATED PARTY DISCLOSURES

The company was under the control of Mr J L Bird and Mr J Berry throughout the current and previous year. Mr J L Bird is the managing director and majority shareholder.

At the end of the financial year Lorton Entertainment Limited owed Lorton Sports Productions Limited £244,741 (2023: £244,519) Wilshire Entertainment Limited £164,046 (2023: £463,923) Papcastle Limited £288,800 (2023: £288,800) Lorton International Sales Limited £750 (2023: £750) and Lorton Distribution Limited £37,181 (2023: £37,181).

In the year Lorton Distribution Limited wrote off part of its loan to Lorton Entertainment Limited £122,210

In the year Lorton Entertainment Limited invoiced Wilshire Entertainment Limited £249,864 for the use of the Lorton Entertainment name.

Mr J Bird holds beneficial interest in all of the fore mentioned companies.

9. GOING CONCERN

These accounts have been prepared on the going concern basis on the understanding that the directors, the bank and current shareholders will continue to financially support the company through these uncertain times.