Registered number
02632365
Laughing Stock Productions Limited
Financial Statements
31 March 2025
Laughing Stock Productions Limited
Registered number: 02632365
Statement of Financial Position
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 686 1,217
Current assets
Stocks 239 179
Debtors 4 5,300 9,481
Cash at bank 16,155 17,916
21,694 27,576
Creditors: amounts falling due within one year 5 (16,245) (17,088)
Net current assets 5,449 10,488
Net assets 6,135 11,705
Capital and reserves
Called up share capital 2 2
Profit and loss account 6,133 11,703
Shareholder's funds 6,135 11,705
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
D E Christopher
Director
Approved by the board on 30 June 2025
Laughing Stock Productions Limited
Notes to the Financial Statements
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates calculated to write off each asset over its expected useful life:
Plant and machinery etc - 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 2,955
Disposals (1,695)
At 31 March 2025 1,260
Depreciation
At 1 April 2024 1,738
Charge for the year 277
On disposals (1,441)
At 31 March 2025 574
Net book value
At 31 March 2025 686
At 31 March 2024 1,217
4 Debtors 2025 2024
£ £
Trade debtors 740 734
Other debtors 4,560 8,747
5,300 9,481
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors - 205
Taxation and social security costs 3,491 3,732
Other creditors 12,754 13,151
16,245 17,088
6 Other information
Laughing Stock Productions Limited is a private company limited by shares and incorporated in England. Its registered office is:
34 Radcliffe Street
Milton Keynes
Buckinghamshire
MK12 5DH
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