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Company Registration No. 8667207 (England and Wales)
Watersprite Film Festival Ltd Unaudited accounts for the year ended 31 August 2024
Watersprite Film Festival Ltd Unaudited accounts Contents
Page
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Watersprite Film Festival Ltd Company Information for the year ended 31 August 2024
Directors
Ms Hilary Bevan Jones Mr Brian Woods Ms Bernadette Schramm Mr Olufemi Olaoluwa Ladeinde Ms Farhana Bhula Ms Dorothy Byrne
Company Number
8667207 (England and Wales)
Registered Office
20 GREEK STREET LONDON W1D 4DU
Accountants
Cedar Solutions Management Ltd Prospect House, 2 Sinderland Road Broadhealth Altrincham Cheshire WA14 5ET
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Watersprite Film Festival Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
210 
591 
Cash at bank and in hand
9,985 
7,480 
10,195 
8,071 
Creditors: amounts falling due within one year
(11,776)
(11,176)
Net current liabilities
(1,581)
(3,105)
Net liabilities
(1,581)
(3,105)
Reserves
Profit and loss account
(1,581)
(3,105)
Members' funds
(1,581)
(3,105)
For the year 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 directors acknowledge their 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 of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
Ms Hilary Bevan Jones Director Company Registration No. 8667207
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Watersprite Film Festival Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Watersprite Film Festival Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 8667207. The registered office is 20 GREEK STREET, LONDON, W1D 4DU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the provisions of FRS 102. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 of 3 years.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
110 
Disposals
(110)
At 31 August 2024
- 
Depreciation
At 1 September 2023
110 
On disposals
(110)
At 31 August 2024
- 
Net book value
At 31 August 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
210 
591 
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Watersprite Film Festival Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,776 
1,176 
Loans from directors
10,000 
10,000 
11,776 
11,176 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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