IRIS Accounts Production v25.1.3.33 10449159 director 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104491592023-10-31104491592024-10-31104491592023-11-012024-10-31104491592022-10-31104491592022-11-012023-10-31104491592023-10-3110449159ns15:EnglandWales2023-11-012024-10-3110449159ns14:PoundSterling2023-11-012024-10-3110449159ns10:Director12023-11-012024-10-3110449159ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3110449159ns10:SmallEntities2023-11-012024-10-3110449159ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3110449159ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3110449159ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3110449159ns10:AbridgedAccounts2023-11-012024-10-3110449159ns10:OrdinaryShareClass12023-11-012024-10-3110449159ns10:RegisteredOffice2023-11-012024-10-3110449159ns5:CurrentFinancialInstruments2024-10-3110449159ns5:CurrentFinancialInstruments2023-10-3110449159ns5:ShareCapital2024-10-3110449159ns5:ShareCapital2023-10-3110449159ns5:RetainedEarningsAccumulatedLosses2024-10-3110449159ns5:RetainedEarningsAccumulatedLosses2023-10-3110449159ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 10449159 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Part Wolf Films Limited

Part Wolf Films Limited (Registered number: 10449159)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Part Wolf Films Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: M C Lesslie





REGISTERED OFFICE: St Johns House
16 Church Street
Bromsgrove
Worcestershire
B61 8DN





REGISTERED NUMBER: 10449159 (England and Wales)





ACCOUNTANTS: Clay GBP Ltd
St Johns House
16 Church Street
Bromsgrove
Worcestershire
B61 8DN

Part Wolf Films Limited (Registered number: 10449159)

Abridged Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 37,338 35,270
Investments 5 1,434,739 1,205,366
1,472,077 1,240,636

CURRENT ASSETS
Debtors 119,100 4,616
Cash at bank 622,663 456,923
741,763 461,539
CREDITORS
Amounts falling due within one year 247,432 175,157
NET CURRENT ASSETS 494,331 286,382
TOTAL ASSETS LESS CURRENT LIABILITIES 1,966,408 1,527,018

PROVISIONS FOR LIABILITIES 54,210 10,040
NET ASSETS 1,912,198 1,516,978

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 1,912,098 1,516,878
SHAREHOLDERS' FUNDS 1,912,198 1,516,978

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Part Wolf Films Limited (Registered number: 10449159)

Abridged Balance Sheet - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 July 2025 and were signed by:





M C Lesslie - Director


Part Wolf Films Limited (Registered number: 10449159)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

Part Wolf Films 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 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for services provided during the reporting period, excluding value added tax.

Tangible fixed assets
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery - 20% on cost
Fixture & Fittings - 20% on cost
Computer Equipment - 20% on cost
Motor Vehicles - 25% reducing balance

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of a company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expense in the income statement.

Financial assets and liabilities
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs).

Trade debtors
Trade debtors are recognised initially at transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for 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 receivable.

Trade creditors
Trade creditors 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 amounts falling due after more than one year.

Equity instruments
Equity instruments are measured at the fair value of the cash or other resources transferred or transferrable, net of the direct costs of issuing or receiving the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.


Part Wolf Films Limited (Registered number: 10449159)

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


2. ACCOUNTING POLICIES - continued
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.

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.

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.

Investments
Fixed asset investments are stated at market value. Any change in fair value is expensed or credited to the profit or loss account.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 61,670
Additions 13,679
At 31 October 2024 75,349
DEPRECIATION
At 1 November 2023 26,400
Charge for year 11,611
At 31 October 2024 38,011
NET BOOK VALUE
At 31 October 2024 37,338
At 31 October 2023 35,270

Part Wolf Films Limited (Registered number: 10449159)

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


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 November 2023 1,205,366
Additions 52,345
Disposals (32,672 )
Fair value movement 209,700
At 31 October 2024 1,434,739
NET BOOK VALUE
At 31 October 2024 1,434,739
At 31 October 2023 1,205,366

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100