REGISTERED NUMBER: 09547527 (England and Wales)

No Budget Production Limited

Unaudited Financial Statements

for the Year Ended 31st December 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Ms H M Taylor

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

09547527 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

76

101

Current assets

Debtors

5

-

12

Cash at bank

1,211

2,359

1,211

2,371

Creditors

Amounts falling due within one year

6

61,506

61,503

Net current liabilities

(60,295

)

(59,132

)

Total assets less current liabilities

(60,219

)

(59,031

)

Capital and reserves

Called up share capital

564

564

Share premium

119,946

119,946

Retained earnings

(180,729

)

(179,541

)

(60,219

)

(59,031

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd September 2025 and were signed by:

Ms H M Taylor - Director

1.	Statutory information

No Budget Production Limited 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.

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that they will continue to give financial support to the company for twelve months from the date of signing of these financial statements.

On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

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 the cost less estimated residual value of each asset over its estimated useful life.

Equipment

-

25% reducing balance

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Tangible fixed assets

Equipment

£

Cost

At 1st January 2024

and 31st December 2024

1,294

Depreciation

At 1st January 2024

1,193

Charge for year

25

At 31st December 2024

1,218

Net book value

At 31st December 2024

76

At 31st December 2023

101

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

-

12

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Taxation and social security

3,526

3,522

Other creditors

57,980

57,981

61,506

61,503