Company Registration No. 11749543 (England and Wales)
Adventure Cinema Limited
Unaudited accounts
for the year ended 31 December 2024
Adventure Cinema Limited
Unaudited accounts
Contents
Adventure Cinema Limited
Company Information
for the year ended 31 December 2024
Directors
Benjamin Lovell
Mark Thompson
Company Number
11749543 (England and Wales)
Registered Office
Unit 7
Bishops Castle Business Park
Bishops Castle
Shropshire
SY9 5BX
England
Accountants
In The Loop Accounts Limited
Formal House
60 ST. GEORGES PLACE
Cheltenham
Gloucestershire
GL50 3PN
Adventure Cinema Limited
Statement of financial position
as at 31 December 2024
Tangible assets
451,401
144,494
Cash at bank and in hand
61,943
18,511
Creditors: amounts falling due within one year
(159,901)
(40,938)
Net current assets
132,503
191,890
Total assets less current liabilities
583,904
336,384
Creditors: amounts falling due after more than one year
(139,455)
-
Provisions for liabilities
Deferred tax
(51,477)
(18,531)
Net assets
392,972
317,853
Called up share capital
100
100
Profit and loss account
392,872
317,753
Shareholders' funds
392,972
317,853
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Mark Thompson
Director
Company Registration No. 11749543
Adventure Cinema Limited
Notes to the Accounts
for the year ended 31 December 2024
Adventure Cinema Limited is a private company, limited by shares, registered in England and Wales, registration number 11749543. The registered office is Unit 7, Bishops Castle Business Park, Bishops Castle, Shropshire, SY9 5BX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years straight line
Motor vehicles
3 years straight line
Computer equipment
3 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Adventure Cinema Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
541,388
69,659
-
611,047
Additions
143,020
274,499
4,495
422,014
At 31 December 2024
684,408
344,158
4,495
1,033,061
At 1 January 2024
427,447
39,106
-
466,553
Charge for the year
35,107
79,082
918
115,107
At 31 December 2024
462,554
118,188
918
581,660
At 31 December 2024
221,854
225,970
3,577
451,401
At 31 December 2023
113,941
30,553
-
144,494
Amounts falling due within one year
Trade debtors
211,686
57,550
Accrued income and prepayments
13,718
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,572
4,255
Other creditors
72,993
36,683
Loans from directors
2,521
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 10 (2023: 11).