1 1 Cineport Pictures Limited 08208535 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is provision of TV programme production related services Digita Accounts Production Advanced 6.30.9574.0 true true 08208535 2023-10-01 2024-09-30 08208535 2024-09-30 08208535 bus:OrdinaryShareClass1 2024-09-30 08208535 core:CurrentFinancialInstruments 2024-09-30 08208535 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 08208535 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 08208535 core:FurnitureFittingsToolsEquipment 2024-09-30 08208535 bus:SmallEntities 2023-10-01 2024-09-30 08208535 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08208535 bus:FilletedAccounts 2023-10-01 2024-09-30 08208535 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08208535 bus:RegisteredOffice 2023-10-01 2024-09-30 08208535 bus:Director1 2023-10-01 2024-09-30 08208535 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 08208535 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08208535 bus:Agent1 2023-10-01 2024-09-30 08208535 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 08208535 core:OtherRelatedParties 2023-10-01 2024-09-30 08208535 countries:England 2023-10-01 2024-09-30 08208535 2023-09-30 08208535 core:FurnitureFittingsToolsEquipment 2023-09-30 08208535 2022-10-01 2023-09-30 08208535 2023-09-30 08208535 bus:OrdinaryShareClass1 2023-09-30 08208535 core:CurrentFinancialInstruments 2023-09-30 08208535 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 08208535 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 08208535 core:FurnitureFittingsToolsEquipment 2023-09-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 08208535

Cineport Pictures Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Cineport Pictures Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Cineport Pictures Limited

Company Information

Director

D Zafer

Registered office

590 Green Lanes
Palmers Green
London
N13 5RY

Accountants

Thomas Alexander & Co Ltd 590 Green Lanes
Palmers Green
London
N13 5RY

 

Cineport Pictures Limited

(Registration number: 08208535)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

37,600

40,854

Current assets

 

Debtors

5

2,729

3,010

Cash at bank and in hand

 

527

425

 

3,256

3,435

Creditors: Amounts falling due within one year

6

(107,158)

(89,221)

Net current liabilities

 

(103,902)

(85,786)

Total assets less current liabilities

 

(66,302)

(44,932)

Creditors: Amounts falling due after more than one year

6

(11,511)

(13,735)

Net liabilities

 

(77,813)

(58,667)

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

(77,814)

(58,668)

Shareholders' deficit

 

(77,813)

(58,667)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 May 2025
 

.........................................
D Zafer
Director

 

Cineport Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

The principal place of business is:
142B Chamberlayne Road
London
NW10 3JR

These financial statements were authorised for issue by the director on 7 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Cineport Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipments

15% Reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Cineport Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 October 2023

91,878

91,878

Additions

3,381

3,381

At 30 September 2024

95,259

95,259

Depreciation

At 1 October 2023

51,024

51,024

Charge for the year

6,635

6,635

At 30 September 2024

57,659

57,659

Carrying amount

At 30 September 2024

37,600

37,600

At 30 September 2023

40,854

40,854

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

895

Other debtors

2,729

2,115

 

2,729

3,010

 

Cineport Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

87,916

69,743

Trade creditors

 

1,604

1,391

Taxation and social security

 

-

449

Other creditors

 

17,638

17,638

 

107,158

89,221

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

11,511

13,735

 

Cineport Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

1

1

1

1

       

8

Related party transactions

Summary of transactions with other related parties


Included in creditors is an amount of £82,621 (2023: £52,221) owed to the directors of the company.