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REGISTERED NUMBER: 04949247 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

WONDER FILMS LIMITED

WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,159 14,946

CURRENT ASSETS
Debtors 5 18,590 39,567
Cash in hand 200 200
18,790 39,767
CREDITORS
Amounts falling due within one year 6 32,794 26,121
NET CURRENT (LIABILITIES)/ASSETS (14,004 ) 13,646
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,155

28,592

CREDITORS
Amounts falling due after more than one year 7 (11,694 ) (17,698 )

PROVISIONS FOR LIABILITIES (1,124 ) (3,737 )
NET (LIABILITIES)/ASSETS (9,663 ) 7,157

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (9,763 ) 7,057
SHAREHOLDERS' FUNDS (9,663 ) 7,157

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 directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2025 and were signed on its behalf by:





Mr B Bailey - Director


WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Wonder Films Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04949247

Registered office: Ingram House
Meridian Way
Norwich
Norfolk
NR7 OTA

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.

Going concern
As at 31 October 2024, the company had net current liabilities of £14,004 and net liabilities of £9,663. The company relies on the continued support of its directors and bank to meet its day to day working capital requirements. The director has indicated their willingness to support the company as necessary for the foreseeable future.

Turnover
Turnover represents gross invoiced sales of services, including value added tax, as the company operates a flat rate VAT scheme. Turnover is recognised as contract activity progresses and the right to consideration is earned.

Unbilled turnover on individual contracts is included as accrued income within other debtors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 138,716
Additions 10,225
At 31 October 2024 148,941
DEPRECIATION
At 1 November 2023 123,770
Charge for year 8,012
At 31 October 2024 131,782
NET BOOK VALUE
At 31 October 2024 17,159
At 31 October 2023 14,946

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 31,088
DEPRECIATION
At 1 November 2023 23,839
Charge for year 1,813
At 31 October 2024 25,652
NET BOOK VALUE
At 31 October 2024 5,436
At 31 October 2023 7,249

WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,734 14,439
Other debtors 15,856 25,128
18,590 39,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,223 6,887
Hire purchase contracts 3,676 3,676
Trade creditors - 3,666
Taxation and social security 4,704 5,562
Other creditors 14,191 6,330
32,794 26,121

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 8,324 10,652
Hire purchase contracts 3,370 7,046
11,694 17,698

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 8,569 5,907
Hire purchase contracts 7,046 10,722
15,615 16,629

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75 Ordinary 'A' £1 75 75
25 Ordinary 'B' £1 25 25
100 100

WONDER FILMS LIMITED (REGISTERED NUMBER: 04949247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mr B Bailey
Balance outstanding at start of year 22,085 21,043
Amounts advanced 41,815 42,089
Amounts repaid (53,188 ) (41,047 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,712 22,085

Interest of £336 (2023 - £455) has been charged on this loan.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr B Bailey.