Iguanas Producciones Ltd

Iguanas Producciones Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	434	565
		434	565
Current assets
Cash at bank and in hand		30,210	10,829
Creditors: amount falling due within one year	4	(29,667)	(10,539)
Net current assets		543	290

Total assets less current liabilities		977	855
Provisions for liabilities	5	(191)	(191)
Net assets		786	664

Capital and reserves
Called up share capital	6	500	500
Profit and loss account		286	164
Shareholders' funds		786	664

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 07 November 2025 and were signed on its behalf by:

-------------------------------
Nicholas Peet
Director

Iguanas Producciones Ltd
Notes to the Financial Statements
For the year ended 28 February 2025

General Information

Iguanas Producciones Ltd is a private company, limited by shares, registered in England and Wales, registration number 10610193, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 March 2024	1,339	1,339
Additions	-	-
Disposals	-	-
At 28 February 2025	1,339	1,339
Depreciation
At 01 March 2024	774	774
Charge for year	131	131
On disposals	-	-
At 28 February 2025	905	905
Net book values
Closing balance as at 28 February 2025	434	434
Opening balance as at 01 March 2024	565	565

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	5,301	2,427
Directors' Current Accounts	24,366	8,112
	29,667	10,539

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	191		191
	191		191

Share Capital

Authorised
500 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
500 Ordinary shares of £1.00 each	500		500
	500		500

Registered Number: 10610193
England and Wales
Filleted Accounts

for the year ended 28 February 2025
for
IGUANAS PRODUCCIONES LTD