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REGISTERED NUMBER: 10316886 (England and Wales)
















Sona Films Ltd

Unaudited Financial Statements

for the Year Ended 31st August 2024






Sona Films Ltd (Registered number: 10316886)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sona Films Ltd

Company Information
for the Year Ended 31st August 2024







Director: Miss S Reynolds





Registered office: 7a Downhills Park Road
London
N17 6PE





Registered number: 10316886 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Sona Films Ltd (Registered number: 10316886)

Statement of Financial Position
31st August 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 9,755 11,124

Current assets
Debtors 5 1,810 1,601
Cash at bank 34,103 30,518
35,913 32,119
Creditors
Amounts falling due within one year 6 30,964 23,591
Net current assets 4,949 8,528
Total assets less current liabilities 14,704 19,652

Provisions for liabilities 1,853 1,888
Net assets 12,851 17,764

Capital and reserves
Called up share capital 1 1
Retained earnings 12,850 17,763
12,851 17,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th June 2025 and were signed by:



Miss S Reynolds - Director


Sona Films Ltd (Registered number: 10316886)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. Statutory information

Sona Films Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 10% straight line
Computer equipment - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Sona Films Ltd (Registered number: 10316886)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

4. Tangible fixed assets
Improvements
to Computer
property equipment Totals
£    £    £   
Cost
At 1st September 2023
and 31st August 2024 11,292 1,678 12,970
Depreciation
At 1st September 2023 1,129 717 1,846
Charge for year 1,129 240 1,369
At 31st August 2024 2,258 957 3,215
Net book value
At 31st August 2024 9,034 721 9,755
At 31st August 2023 10,163 961 11,124

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 1,810 1,601

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 268 2,810
Taxation and social security 5,539 5,105
Other creditors 25,157 15,676
30,964 23,591