Company registration number 01352624 (England and Wales)
PICTURE PALACE FILMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
PICTURE PALACE FILMS LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,533
1,803
Current assets
56,406
27,433
Prepayments and accrued income
179
140
Creditors: amounts falling due within one year
10,338
7,135
Net current assets
66,923
34,708
Total assets less current liabilities
68,456
36,511
Accruals and deferred income
(1,909)
Net assets
68,456
34,602
Capital and reserves
68,456
34,602
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Interest has been charged at 2.25% on the loan and the balance was repaid within 9 months of the balance sheet date.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
Picture Palace Films Limited is a private company limited by shares incorporated in England and Wales. The registered office is Downsview House, 141-143 Station Road East, Oxted, Surrey, UK, RH8 0QE.
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
PICTURE PALACE FILMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 23 May 2025 and are signed on its behalf by:
Ms Rachel Glaister
Miss Lily Craddock
Director
Director
Company registration number 01352624 (England and Wales)