01 January 2024 31 December 2024 No principle activity is included 02384096 2024-01-01 02384096 2024-12-31 02384096 2024-01-01 2024-12-31 02384096 2023-12-31 02384096 2022-01-01 2023-12-31 02384096 uk-core:WithinOneYear 2024-12-31 02384096 uk-core:WithinOneYear 2023-12-31 02384096 uk-core:AfterOneYear 2024-12-31 02384096 uk-core:AfterOneYear 2023-12-31 02384096 uk-core:ShareCapital 2024-12-31 02384096 uk-core:ShareCapital 2023-12-31 02384096 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 02384096 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 02384096 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 02384096 uk-curr:PoundSterling 2024-01-01 2024-12-31 02384096 uk-core:FurnitureFittings 2024-01-01 2024-12-31 02384096 uk-bus:FRS102 2024-01-01 2024-12-31 02384096 uk-bus:FullAccounts 2024-01-01 2024-12-31 02384096 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02384096 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  TELESCOPE PICTURES LIMITED
   
   
   
  UNAUDITED ABRIDGED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 DECEMBER 2024
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  TELESCOPE PICTURES LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
  DIRECTORS
       
  S Bosanquet
       
       
  SECRETARY
       
  Mr S Bosanquet
       
  REGISTERED OFFICE
       
  235 The Ridgeway
Enfield
Middlesex
EN2 8AD
       
       
  COMPANY REGISTERED NUMBER
       
  02384096
       
       
  BANKERS
       
  Virgin Money
       
       
  ACCOUNTANTS
       
  P B Genender & Co.
  Chartered Certiifed Accountants
  235 The Ridgeway
Enfield
Middlesex
EN2 8AD
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
   
  Page 1
   
  TELESCOPE PICTURES LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
  CONTENTS
       
  Pages
       
  3 Abridged Statement of Financial Position  
       
  4-5 Notes to the Financial Statements  
       
     
   
  Page 2
   
  TELESCOPE PICTURES LIMITED
  Company Registered Number: 02384096
  ABRIDGED STATEMENT OF FINANCIAL POSITION AT 31 December 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Intangible Assets 3 1 1
  Property, plant and equipment 3 888 11
      889 12
  CURRENT ASSETS
  Inventories   88,110 88,110
  Debtors   - 9,531
  Cash at bank and in hand   25,530 13,350
      113,640 110,991
  CREDITORS: Amounts falling due within one year 4 (76,067) (71,608)
  NET CURRENT ASSETS   37,573 39,383
  TOTAL ASSETS LESS CURRENT LIABILITIES   38,462 39,395
           
  CREDITORS: Amounts falling due after more than one year 5 (37,527) (37,527)
           
  PROVISIONS FOR LIABILITIES   (168) (6)
  NET ASSETS   £767 £1,862
  CAPITAL AND RESERVES    
  Called up Share Capital   100 100
  Retained Earnings   667 1,762
  SHAREHOLDERS' FUNDS   £767 £1,862
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with section 476 of the Companies Act 2006.
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies
  All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 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 and authorised for issue by the Board of Directors on 29 August 2025
  Signed on behalf of the Board of Directors
 
 
       
  S Bosanquet, Director
   
  Page 3
   
  TELESCOPE PICTURES LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  Telescope Pictures Limited is a Limited Company incorporated in England & Wales.
         
  Registered office:
  235 The Ridgeway
Enfield
Middlesex
EN2 8AD
         
  Basis of accounting
         
  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" and the Companies Act 2006.
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Taxation
         
  Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
         
 
         
 
       
1d. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Fixtures and fittings Straight Line Method On Cost 20%  
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Management and Administration 1 1
   
   
  Page 4
   
  TELESCOPE PICTURES LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
         
3. FIXED ASSETS
    Intangible Property Total
    Assets plant &  
      equipment  
    £ £ £
  Cost or valuation
  At 1 January 2024 1 36,875 36,876
  Additions - 1,099 1,099
  At 31 December 2024 1 37,974 37,975
   
  Provision for depreciation,
  amortisation and impairment
  At 1 January 2024 - 36,864 36,864
  For the year - 222 222
  At 31 December 2024 - 37,086 37,086
   
  Net Book Value
         
  At 31 December 2024 1 888 889
   
       
       
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Corporation Tax 520 70
  Other Taxes and Social Security - 561
  Other Creditors 72,077 67,352
  Accruals and deferred income 3,470 3,625
    £76,067 £71,608
   
       
       
       
5. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
    2024 2023
    £ £
  Other Advances 37,527 37,527
    £37,527 £37,527
   
  Secured Loan Under an agreement dated 27/7/93 which becomes re-payable only if the project becomes a production.
       
       
   
  Page 5