REGISTERED NUMBER: 03282545 (England and Wales)

FULL FAT PRODUCTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Adams

REGISTERED OFFICE:

Westgate House

Brook Street

Warwick

Warwickshire

CV34 4BL

REGISTERED NUMBER:

03282545 (England and Wales)

ACCOUNTANTS:

Burrows Scarborough

Chartered Accountants

Sovereign House

12 Warwick Street

Coventry

West Midlands

CV5 6ET

FIXED ASSETS

Tangible assets

4

129,838

13,539

CURRENT ASSETS

Debtors

5

343,878

361,762

Prepayments and accrued income

4,272

7,733

Cash at bank

3,902

150,460

352,052

519,955

CREDITORS

Amounts falling due within one year

6

186,974

188,635

NET CURRENT ASSETS

165,078

331,320

TOTAL ASSETS LESS CURRENT LIABILITIES

294,916

344,859

CREDITORS

Amounts falling due after more than one year

7

(111,195

)

(24,408

)

PROVISIONS FOR LIABILITIES

-

(4,574

)

ACCRUALS AND DEFERRED INCOME

(36,098

)

(36,505

)

NET ASSETS

147,623

279,372

CAPITAL AND RESERVES

Called up share capital

2,101

2,101

Share premium

24,990

24,990

Retained earnings

120,532

252,281

SHAREHOLDERS' FUNDS

147,623

279,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

P Adams - Director

1.	STATUTORY INFORMATION

Full Fat Productions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest £1.

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 etc

-

33% on cost and 25% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Employee 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.

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

676,906

Additions

135,784

At 30 November 2024

812,690

DEPRECIATION

At 1 December 2023

663,367

Charge for year

19,485

At 30 November 2024

682,852

NET BOOK VALUE

At 30 November 2024

129,838

At 30 November 2023

13,539

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

121,957

147,127

Other debtors

221,921

214,635

343,878

361,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

52,199

5,444

Hire purchase contracts

16,762

-

Trade creditors

3,960

4,619

Taxation and social security

48,254

38,253

Other creditors

65,799

140,319

186,974

188,635

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

14,731

24,408

Hire purchase contracts

96,464

-

111,195

24,408

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

113,226

-

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024

2023

£

£

P Adams

Balance outstanding at start of year

-

-

Amounts advanced

77,263

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

77,263

-

Interest has been calculated on the beneficial loan at 2.25% per annum. Subsequent to the year end the Directors repaid the directors' loan account in full.