Company Registration No. SC524199 (Scotland)
Production 5 Limited
Unaudited accounts
for the year ended 31 January 2025
Production 5 Limited
Unaudited accounts
Contents
Production 5 Limited
Company Information
for the year ended 31 January 2025
Directors
Rodger Griffiths
Stephen Brown
Iain Diamond
Alan McIlvride
Matthew Whiting
Secretary
Rodger Griffiths
Company Number
SC524199 (Scotland)
Registered Office
176 Bath Street
4th Floor
Glasgow
G2 4HG
Scotland
Accountants
TaxKings Ltd
4th Floor, 176 Bath Street
Glasgow
G2 4HG
Production 5 Limited
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
34,243
34,560
Creditors: amounts falling due within one year
(31,403)
(148,733)
Net current assets/(liabilities)
49,241
(23,713)
Total assets less current liabilities
50,229
(22,308)
Provisions for liabilities
Net assets/(liabilities)
49,982
(22,308)
Called up share capital
50
50
Profit and loss account
49,932
(22,358)
Shareholders' funds
49,982
(22,308)
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. 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 31 October 2025 and were signed on its behalf by
Rodger Griffiths
Director
Company Registration No. SC524199
Production 5 Limited
Notes to the Accounts
for the year ended 31 January 2025
Production 5 Limited is a private company, limited by shares, registered in Scotland, registration number SC524199. The registered office is 176 Bath Street, 4th Floor, Glasgow, G2 4HG, Scotland.
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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.
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
25% on cost
Computer equipment
33% on cost
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
1,863
3,727
5,590
At 31 January 2025
2,403
4,256
6,659
At 1 February 2024
1,167
3,018
4,185
Charge for the year
601
885
1,486
At 31 January 2025
1,768
3,903
5,671
At 31 January 2025
635
353
988
At 31 January 2024
696
709
1,405
Amounts falling due within one year
Trade debtors
46,401
90,460
Production 5 Limited
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
11,013
33,217
Other creditors
6,731
10,104
Loans from directors
9,807
19,870
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
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Average number of employees
During the year the average number of employees was 5 (2024: 5).