REGISTERED NUMBER: SC724114 (Scotland)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

SHAW FILM SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Shaw

REGISTERED OFFICE:

6th Floor

Gordon Chambers

90 Mitchell Street

Glasgow

G1 3NQ

REGISTERED NUMBER:

SC724114 (Scotland)

ACCOUNTANTS:

BK Plus Ltd

6th Floor

Gordon Chambers

90 Mitchell Street

Glasgow

Lanarkshire

G1 3NQ

FIXED ASSETS

Tangible assets

4

26,659

11,063

CURRENT ASSETS

Debtors

5

737

6,506

Cash at bank

8,184

16,334

8,921

22,840

CREDITORS

Amounts falling due within one year

6

12,719

18,578

NET CURRENT (LIABILITIES)/ASSETS

(3,798

)

4,262

TOTAL ASSETS LESS CURRENT LIABILITIES

22,861

15,325

CREDITORS

Amounts falling due after more than one year

7

(15,208

)

-

PROVISIONS FOR LIABILITIES

(1,006

)

(1,330

)

NET ASSETS

6,647

13,995

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,547

13,895

6,647

13,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 5 September 2025 and were signed by:

C A Shaw - Director

1.	STATUTORY INFORMATION

Shaw Film Services Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on a reducing balance basis

Fixtures and fittings

-

25% on a reducing balance basis

Motor vehicles

-

20% on a reducing balance basis

Computer equipment

-

33% on a straight line basis

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 29 February 2024

4,351

580

-

20,597

25,528

Additions

2,614

1,067

21,996

4,376

30,053

At 28 February 2025

6,965

1,647

21,996

24,973

55,581

DEPRECIATION

At 29 February 2024

1,088

254

-

13,123

14,465

Charge for year

1,469

348

4,399

8,241

14,457

At 28 February 2025

2,557

602

4,399

21,364

28,922

NET BOOK VALUE

At 28 February 2025

4,408

1,045

17,597

3,609

26,659

At 28 February 2024

3,263

326

-

7,474

11,063

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

3,107

Other debtors

737

3,399

737

6,506

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,283

-

Taxation and social security

8,403

12,885

Other creditors

2,033

5,693

12,719

18,578

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

15,208

-