REGISTERED NUMBER: 08644686 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

Detail Films Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W E Warr

REGISTERED OFFICE:

Kenton house

Oxford Street

Moreton-in-Marsh

GL56 0LA

REGISTERED NUMBER:

08644686 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Tangible assets

4

97,198

108,133

CURRENT ASSETS

Debtors

5

323,527

296,862

Cash at bank

101,869

167,761

425,396

464,623

CREDITORS

Amounts falling due within one year

6

58,577

101,918

NET CURRENT ASSETS

366,819

362,705

TOTAL ASSETS LESS CURRENT LIABILITIES

464,017

470,838

PROVISIONS FOR LIABILITIES

7

24,299

27,033

NET ASSETS

439,718

443,805

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

439,717

443,804

SHAREHOLDERS' FUNDS

439,718

443,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 15 September 2025 and were signed by:

W E Warr - Director

1.	STATUTORY INFORMATION

Detail Films Ltd is a private company, limited by shares , registered in England and Wales. 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

14,515

18,104

255,719

288,338

Additions

677

-

10,819

11,496

At 31 December 2024

15,192

18,104

266,538

299,834

DEPRECIATION

At 1 April 2024

8,051

9,382

162,772

180,205

Charge for period

1,339

1,635

19,457

22,431

At 31 December 2024

9,390

11,017

182,229

202,636

NET BOOK VALUE

At 31 December 2024

5,802

7,087

84,309

97,198

At 31 March 2024

6,464

8,722

92,947

108,133

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade debtors

103,254

46,384

Other debtors

220,273

250,478

323,527

296,862

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade creditors

7,367

6,371

Taxation and social security

28,440

88,349

Other creditors

22,770

7,198

58,577

101,918

7.	PROVISIONS FOR LIABILITIES

2024

2024

£

£

Deferred tax

24,299

27,033

Deferred

tax

£

Balance at 1 April 2024

27,033

Decrease in provision

(2,734

)

Balance at 31 December 2024

24,299

8.	RELATED PARTY DISCLOSURES

During the period, total dividends of £30,000 (2024 - £89,994) were paid to the director .