COMPANY REGISTRATION NUMBER:
05007551
|
Filleted Unaudited Accounts |
|
|
Statement of Financial Position |
|
31 January 2025
Current assets
|
Debtors |
6 |
105,262 |
|
52,957 |
|
Investments |
7 |
100 |
|
100 |
|
Cash at bank and in hand |
17,998 |
|
15,515 |
|
--------- |
|
-------- |
|
123,360 |
|
68,572 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
8 |
(
67,510) |
|
(
108,765) |
|
--------- |
|
--------- |
|
Net current assets/(liabilities) |
|
55,850 |
(
40,193) |
|
|
-------- |
-------- |
|
Total assets less current liabilities |
|
55,850 |
(
40,193) |
|
|
-------- |
-------- |
|
Net assets/(liabilities) |
|
55,850 |
(
40,193) |
|
|
-------- |
-------- |
|
|
|
|
|
Capital and reserves
|
Called up share capital |
9 |
|
1 |
1 |
|
Profit and loss account |
|
55,849 |
(
40,194) |
|
|
-------- |
-------- |
|
Shareholder funds/(deficit) |
|
55,850 |
(
40,193) |
|
|
-------- |
-------- |
|
|
|
|
|
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
.
These accounts were approved by the
board of directors
and authorised for issue on
11 September 2025
, and are signed on behalf of the board by:
Company registration number:
05007551
Year ended 31 January 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange street, London, WC2H 7DQ.
2.
Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Dividends
Dividends payable are included in the company accounts in the period in which the related dividends are actually paid, or in respect of the company's final dividend for the year, approved by shareholders.
Going concern
The Director is of the opinion that the company can continue to trade as a going concern.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company (b) Disclosures in respect of financial instruments have not been presented
Revenue recognition
Turnover shown in the profit and loss account represent amounts invoiced during the year for production services provided, and is stated after trade discounts, other taxes, and net of VAT. Amounts invoiced in advance are included in deferred income. The value of work done in relation to long-term contracts and continuing services is determined by reference to the stage of completion of the relevant project.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant & Machinery |
- |
25% straight line |
|
|
|
|
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024:
1
).
5.
Tangible assets
|
Plant and machinery |
Total |
|
£ |
£ |
|
Cost |
|
|
|
At 1 February 2024 and 31 January 2025 |
8,031 |
8,031 |
|
------- |
------- |
|
Depreciation |
|
|
|
At 1 February 2024 and 31 January 2025 |
8,031 |
8,031 |
|
------- |
------- |
|
Carrying amount |
|
|
|
At 31 January 2025 |
– |
– |
|
------- |
------- |
|
At 31 January 2024 |
– |
– |
|
------- |
------- |
|
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
116 |
27,220 |
|
Prepayments and accrued income |
100,000 |
– |
|
Corporation tax repayable |
– |
6,484 |
|
Other debtors |
5,146 |
19,253 |
|
--------- |
-------- |
|
105,262 |
52,957 |
|
--------- |
-------- |
|
|
|
7.
Investments
|
2025 |
2024 |
|
£ |
£ |
|
Investments in group undertakings |
100 |
100 |
|
---- |
---- |
|
|
|
8.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
10,086 |
16,014 |
|
Accruals and deferred income |
6,610 |
49,528 |
|
Corporation tax |
35,990 |
– |
|
Social security and other taxes |
207 |
14,775 |
|
Director loan accounts |
14,617 |
28,448 |
|
-------- |
--------- |
|
67,510 |
108,765 |
|
-------- |
--------- |
|
|
|
9.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
1 |
1 |
1 |
1 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
10.
Director's advances, credits and guarantees
At the end of the year end the company owed the director £14,617 (2024: company owed the director £28,448). No interest was charged the loan.
11.
Related party transactions
D C S Jones
controls Iron Lady (DJ Films) Limited. During the year the company received income of £nil (2024: £nil) from Iron Lady (DJ Films)Limited. No balance was outstanding at the year end. During the year the company had purchases from Ab Fab The Movie Ltd of £nil (2024: £nil), a company of which D C S Jones
is a director. No balance was outstanding at the year end. During the year the company received income of £2,612 (2024: £6,408) from Stupid Boy Ltd and purchases of £ (2024: £nil), a company of which D C S Jones
is a director. No balance was outstanding at the year end. During the year the company received income of £357 (2024: £4,833) from Vibes Productions Limited and purchases of £ (2024: £nil), a company which D J Films Limited
owns 100% of the shares in. No balance was outstanding at the year end. During the year the company received income of £33,115 (2024: £31,957) from Blue Story Limited, a company of which D C S Jones is a director. No balance was outstanding at the year end. During the year the company received income of £nil (2024: £7,500) from Seize Them Productions Ltd, a company of which D C S Jones is a director. No balance was outstanding at the year end. During the year the company received income of £nil (2024: £8,513) from Allelujah Limited , a company of which D C S Jones is a director. £ was outstanding at the year end. No interest was charged on this loan.