IRIS Accounts Production v25.1.4.42 05081180 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050811802024-03-31050811802025-03-31050811802024-04-012025-03-31050811802023-03-31050811802023-04-012024-03-31050811802024-03-3105081180ns15:EnglandWales2024-04-012025-03-3105081180ns14:PoundSterling2024-04-012025-03-3105081180ns10:Director12024-04-012025-03-3105081180ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3105081180ns10:SmallEntities2024-04-012025-03-3105081180ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3105081180ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3105081180ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3105081180ns10:FullAccounts2024-04-012025-03-3105081180ns10:RegisteredOffice2024-04-012025-03-3105081180ns5:CurrentFinancialInstruments2025-03-3105081180ns5:CurrentFinancialInstruments2024-03-3105081180ns5:Non-currentFinancialInstruments2025-03-3105081180ns5:Non-currentFinancialInstruments2024-03-3105081180ns5:ShareCapital2025-03-3105081180ns5:ShareCapital2024-03-3105081180ns5:RetainedEarningsAccumulatedLosses2025-03-3105081180ns5:RetainedEarningsAccumulatedLosses2024-03-3105081180ns5:PlantMachinery2024-04-012025-03-3105081180ns5:FurnitureFittings2024-04-012025-03-3105081180ns5:PlantMachinery2024-03-3105081180ns5:FurnitureFittings2024-03-3105081180ns5:PlantMachinery2025-03-3105081180ns5:FurnitureFittings2025-03-3105081180ns5:PlantMachinery2024-03-3105081180ns5:FurnitureFittings2024-03-3105081180ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3105081180ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105081180ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2025-03-3105081180ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-31050811801ns10:Director12024-03-31050811801ns10:Director12023-03-31050811801ns10:Director12024-04-012025-03-31050811801ns10:Director12023-04-012024-03-31050811801ns10:Director12025-03-31050811801ns10:Director12024-03-31
REGISTERED NUMBER: 05081180 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Action Image Productions Ltd

Action Image Productions Ltd (Registered number: 05081180)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Action Image Productions Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: L J Stephens



REGISTERED OFFICE: Cheltenham Film Studios
Arle Court
Hatherley Lane
Cheltenham
Gloucestershire
GL51 6PN



REGISTERED NUMBER: 05081180 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Santander UK Plc
2 Triton Square
Regent's Place
London
NW1 3AN

Action Image Productions Ltd (Registered number: 05081180)

Statement of Financial Position
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,580 52,302

CURRENT ASSETS
Debtors 5 48,955 148,200
Cash at bank 237,513 266,374
286,468 414,574
CREDITORS
Amounts falling due within one year 6 22,037 64,844
NET CURRENT ASSETS 264,431 349,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,011

402,032

CREDITORS
Amounts falling due after more than one
year

7

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES (7,330 ) (12,553 )
NET ASSETS 291,514 375,312

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 291,494 375,292
SHAREHOLDERS' FUNDS 291,514 375,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

Action Image Productions Ltd (Registered number: 05081180)

Statement of Financial Position - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:





L J Stephens - Director


Action Image Productions Ltd (Registered number: 05081180)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Action Image Productions 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 each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on reducing balance

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

Action Image Productions Ltd (Registered number: 05081180)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 April 2024 196,312 3,120 199,432
Additions 12,434 - 12,434
At 31 March 2025 208,746 3,120 211,866
Depreciation
At 1 April 2024 144,562 2,568 147,130
Charge for year 26,018 138 26,156
At 31 March 2025 170,580 2,706 173,286
Net book value
At 31 March 2025 38,166 414 38,580
At 31 March 2024 51,750 552 52,302

5. DEBTORS
31/3/25 31/3/24
£    £   
Amounts falling due within one year:
Trade debtors 17,460 77,083
Other debtors 18,927 58,549
36,387 135,632

Amounts falling due after more than one year:
Other debtors 12,568 12,568

Aggregate amounts 48,955 148,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 8,042
Taxation and social security 6,363 41,705
Other creditors 5,674 5,097
22,037 64,844

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/25 31/3/24
£    £   
Bank loans 4,167 14,167

Action Image Productions Ltd (Registered number: 05081180)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25 31/3/24
£    £   
L J Stephens
Balance outstanding at start of year 57,788 66,782
Amounts advanced - 64,295
Amounts repaid (57,788 ) (73,289 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 57,788

The above loan to the director has been repaid in full during the year and so no interest was charged (2024 - £1,644 interest was charged).