OYSTER ISLAND FILMS LIMITED

Company Registration Number:
07031929 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

OYSTER ISLAND FILMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

OYSTER ISLAND FILMS LIMITED

Company Information

for the Period Ended 30 April 2025




Director: Dr Stuart Alan Franklin
Registered office: 103
Station Road
Hampton
England
TW12 2BD
Company Registration Number: 07031929 (England and Wales)

OYSTER ISLAND FILMS LIMITED

Directors' Report Period Ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Directors

The directors shown below have held office during the whole of the period from 01 May 2024 to 30 April 2025
Dr Stuart Alan Franklin

This report was approved by the board of directors on 19 June 2025
And Signed On Behalf Of The Board By:

Name: Dr Stuart Alan Franklin
Status: Director

OYSTER ISLAND FILMS LIMITED

Profit and Loss Account

for the Period Ended 30 April 2025


Notes

2025
£

2024
£
Turnover 32,589 24,049
Cost of sales ( 4,777 ) ( 23,232 )
Gross Profit or (Loss) 27,812 817
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 18,644 ) ( 23,926 )
Other operating income 0 0
Operating Profit or (Loss) 9,168 ( 23,109 )
Interest Receivable and Similar Income 0 55
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 9,168 ( 23,054 )
Tax on Profit ( 1,579 ) 3,819
Profit or (Loss) for Period 7,589 ( 19,235 )

The notes form part of these financial statements

OYSTER ISLAND FILMS LIMITED

Balance sheet

As at 30 April 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 11,368 16,613
Total fixed assets: 11,368 16,613
Current assets
Stocks: 440 883
Debtors: 5 25,916 19,779
Cash at bank and in hand: 163 245
Total current assets: 26,519 20,907
Net current assets (liabilities): 26,519 20,907
Total assets less current liabilities: 37,887 37,520
Creditors: amounts falling due after more than one year: 6 ( 40,891 ) ( 48,113 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 3,004 ) ( 10,593 )

The notes form part of these financial statements

OYSTER ISLAND FILMS LIMITED

Balance sheet continued

As at 30 April 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 3,104 ) ( 10,693 )
Shareholders funds: ( 3,004 ) ( 10,593 )

For the year ending 30 April 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 19 June 2025
And Signed On Behalf Of The Board By:

Name: Dr Stuart Alan Franklin
Status: Director

The notes form part of these financial statements

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair vlaue of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and machinery (Photographic equipment) - 25% reducing balance
    Office equipment - 40% reducing balance

    The cost of developing a website (included in office equipment) has been written off over three years on a straight line basis.

    Other accounting policies

    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. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 3. Off balance sheet disclosure

    No

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 May 2024 42,906 20,216 502 63,624
Additions - - - -
Disposals - - ( 502 ) ( 502 )
Revaluations - - - -
Transfers - - - -
At 30 April 2025 42,906 20,216 0 63,122
Depreciation
At 01 May 2024 28,257 18,252 502 47,011
Charge for year 3,662 1,583 - 5,245
On disposals - - ( 502 ) ( 502 )
Other adjustments - - - -
At 30 April 2025 31,919 19,835 0 51,754
Net book value
At 30 April 2025 10,987 381 0 11,368
At 30 April 2024 14,649 1,964 0 16,613

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Debtors


2025
£

2024
£
Trade debtors 25,473 17,818
Other debtors 443 1,961
Total 25,916 19,779

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

6.Creditors: amounts falling due after more than one year


2025
£

2024
£
Other creditors 40,891 48,113
Total 40,891 48,113

OYSTER ISLAND FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

7.1.Related party disclosures

Name of related party: Dr S A Franklin
Description of relationship:
Director
Description of the transaction:
Dr Franklin has maintained a loan account with the company throughout the year. The loan was in credit throughout the year.
Balance at 01 May 2024 32,851
Balance at 30 April 2025 34,742