IRIS Accounts Production v25.1.4.42 15192382 director 6.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151923822023-10-05151923822024-09-30151923822023-10-062024-09-30151923822023-10-0515192382ns15:EnglandWales2023-10-062024-09-3015192382ns14:PoundSterling2023-10-062024-09-3015192382ns10:Director12023-10-062024-09-3015192382ns10:PrivateLimitedCompanyLtd2023-10-062024-09-3015192382ns10:SmallEntities2023-10-062024-09-3015192382ns10:AuditExempt-NoAccountantsReport2023-10-062024-09-3015192382ns10:SmallCompaniesRegimeForDirectorsReport2023-10-062024-09-3015192382ns10:SmallCompaniesRegimeForAccounts2023-10-062024-09-3015192382ns10:FullAccounts2023-10-062024-09-3015192382ns10:RegisteredOffice2023-10-062024-09-3015192382ns5:CurrentFinancialInstruments2024-09-3015192382ns5:ShareCapital2024-09-3015192382ns5:SharePremium2024-09-3015192382ns5:RetainedEarningsAccumulatedLosses2024-09-3015192382ns5:PlantMachinery2023-10-062024-09-3015192382ns5:PlantMachinery2024-09-3015192382ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3015192382ns5:DeferredTaxation2024-09-30
REGISTERED NUMBER: 15192382 (England and Wales)












MOTION PICTURE MOVIEWORKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6 OCTOBER 2023 TO 30 SEPTEMBER 2024






MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOTION PICTURE MOVIEWORKS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024







DIRECTOR: I M Thomas





REGISTERED OFFICE: Mission Hall
9-11 North End Road
London
W14 8ST





REGISTERED NUMBER: 15192382 (England and Wales)

MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £
FIXED ASSETS
Tangible assets 4 15,388

CURRENT ASSETS
Debtors 5 411,593
Cash at bank 77,207
488,800
CREDITORS
Amounts falling due within one year 6 (353,924 )
NET CURRENT ASSETS 134,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,264

PROVISIONS FOR LIABILITIES 7 (1,887 )
NET ASSETS 148,377

CAPITAL AND RESERVES
Called up share capital 100
Share premium 92,944
Retained earnings 55,333
148,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 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.

MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 27 June 2025 and were signed by:





I M Thomas - Director


MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Motion Picture Movieworks Limited 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover
Turnover represents the sale and rental of goods, and supply of services, net of VAT and trade discounts. Turnover in respect of the sale of goods is recognised when the goods are physically dispatched to the customer. Turnover in respect of equipment rental is recognised over the duration of the rental period. Turnover in respect of services is recognised when the service takes place.

Tangible fixed assets
Tangible fixed assets are initially recognised at cost within the financial statements.

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.

Plant and machinery- 25% straight line

The profit or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Taxation
Taxation for the period 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.


MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 .

MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£
COST
Additions 22,113
At 30 September 2024 22,113
DEPRECIATION
Charge for period 6,725
At 30 September 2024 6,725
NET BOOK VALUE
At 30 September 2024 15,388

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade debtors 333,008
Other debtors 78,585
411,593

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade creditors 184,754
Taxation and social security 87,999
Other creditors 81,171
353,924

7. PROVISIONS FOR LIABILITIES
£
Deferred tax 1,887

Deferred tax
£
Movement in year 1,887
Balance at 30 September 2024 1,887

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the period, advances totalling £7,045 were made to the company's director. At the balance sheet date, the director owed the company £7,045. The balance is repayable on demand, and no interest has been charged.

MOTION PICTURE MOVIEWORKS LIMITED (REGISTERED NUMBER: 15192382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 OCTOBER 2023 TO 30 SEPTEMBER 2024


9. ULTIMATE CONTROLLING PARTY

Motion Picture Solutions Limited, a company incorporated in England & Wales, was the parent company until 29 November 2023.

On 29 November 2023, I M Thomas acquired the shares of Motion Picture Movieworks Limited and is therefore considered to be the ultimate controlling party.