| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 29 May 2024 |
| for |
| Lorton Sports Productions Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 29 May 2024 |
| for |
| Lorton Sports Productions Limited |
| Lorton Sports Productions Limited (Registered number: 10681418) |
| Contents of the Financial Statements |
| for the Year Ended 29 May 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Lorton Sports Productions Limited |
| Company Information |
| for the Year Ended 29 May 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Lorton Sports Productions Limited (Registered number: 10681418) |
| Balance Sheet |
| 29 May 2024 |
| 29.5.24 | 29.5.23 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 Sports Productions Limited (Registered number: 10681418) |
| Balance Sheet - continued |
| 29 May 2024 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Lorton Sports Productions Limited (Registered number: 10681418) |
| Notes to the Financial Statements |
| for the Year Ended 29 May 2024 |
| 1. | STATUTORY INFORMATION |
| Lorton Sports Productions Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 29.5.24 | 29.5.23 |
| £ | £ |
| Other debtors |
| Directors' current accounts | 97,877 | 77,938 |
| Sch 455 tax |
| VAT |
| Lorton Sports Productions Limited (Registered number: 10681418) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 May 2024 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 29.5.24 | 29.5.23 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Other creditors |
| Accrued expenses |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 29.5.24 | 29.5.23 |
| £ | £ |
| Other loans - 1-2 years |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 29.5.24 | 29.5.23 |
| value: | £ | £ |
| Ordinary | £1 | 49,069 | 980,613 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 30 May 2023 | ( |
) |
| Profit for the year |
| At 29 May 2024 |
| 9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 29 May 2024 and the period ended 29 May 2023: |
| 29.5.24 | 29.5.23 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Lorton Sports Productions Limited (Registered number: 10681418) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 May 2024 |
| 10. | RELATED PARTY DISCLOSURES |
| The company was under the control of Mr J Bird throughout the current financial year. Mr J Bird is a managing director of the company. |
| Monies included in Other Debtors are as follows: Lorton Entertainment Limited £244,742 (2023: £244,519), Papcastle Limited £17,039 (2023: £16,539) Wilshire Ventures Limited £161,426 \2023: £11,592\ and Wilshire Entertainment Limited £168,857 (2023: £41,751). |
| Monies included in other creditors are as follows: Lorton International Sales Limited £16,575 (2023: £75).. |
| Mr J Bird holds beneficial interest in all of the fore mentioned companies. |