Company Registration No. 14478858 (England and Wales)
Frank Films Ltd
Filleted accounts
for the period from 1 December 2023 to 31 August 2024
Frank Films Ltd
Filleted accounts
Contents
Frank Films Ltd
Company Information
for the period from 1 December 2023 to 31 August 2024
Director
Hugo Frank Nicholson
Company Number
14478858 (England and Wales)
Registered Office
Hawthorne House
17a Hawthorne Drive
Leicester
LE5 6DL
England
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Frank Films Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
7,800
10,400
Cash at bank and in hand
35,392
8,001
Creditors: amounts falling due within one year
(17,211)
(5,843)
Net current assets
18,181
2,158
Called up share capital
2
2
Profit and loss account
25,979
12,556
Shareholders' funds
25,981
12,558
For the period ending 31 August 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 19 May 2025 and were signed on its behalf by
Hugo Frank Nicholson
Director
Company Registration No. 14478858
Frank Films Ltd
Notes to the Accounts
for the period from 1 December 2023 to 31 August 2024
Frank Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 14478858. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Motor vehicles
20% straight line
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.
Frank Films Ltd
Notes to the Accounts
for the period from 1 December 2023 to 31 August 2024
4
Tangible fixed assets
Motor vehicles
Charge for the period
2,600
At 30 November 2023
10,400
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,191
4,846
6
Average number of employees
During the period the average number of employees was 1 (2023: 1).