PWS Pictures Limited

PWS Pictures Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 05916532 PWS Pictures Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	13,895	17,153
		13,895	17,153
Current assets
Debtors		18,584	17,230
Cash at bank and in hand		7,526	17,604
		26,110	34,834
Creditors: amount falling due within one year		(32,238)	(26,426)
Net current assets		(6,128)	8,408

Total assets less current liabilities		7,767	25,561
Creditors: amount falling due after more than one year		(7,639)	(25,263)
Net assets		128	298

Capital and reserves
Called up share capital	4	100	2
Profit and loss account		28	296
Shareholders' funds		128	298

For the year ended 31 March 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 05 December 2025 and were signed on its behalf by:

-------------------------------
Patrick Stuart
Director

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Wendy Stuart
Director

1

PWS Pictures Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

PWS Pictures Limited is a private company, limited by shares, registered in England and Wales, registration number 05916532, registration address Winterbourne Lodge, Winterbourne Monkton, Swindon, Swindon, SN4 9NW.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company and net of VAT 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:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

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 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	12,354	34,532	6,032	9,365	62,283
Additions	255	-	570	550	1,375
Disposals	-	-	-	-	-
At 31 March 2025	12,609	34,532	6,602	9,915	63,658
Depreciation
At 01 April 2024	11,670	19,964	5,350	8,146	45,130
Charge for year	235	3,642	313	443	4,633
On disposals	-	-	-	-	-
At 31 March 2025	11,905	23,606	5,663	8,589	49,763
Net book values
Closing balance as at 31 March 2025	704	10,926	939	1,326	13,895
Opening balance as at 01 April 2024	684	14,568	682	1,219	17,153

4.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
50 Ordinary A shares of £1.00 each	50	2
50 Ordinary B shares of £1.00 each	50	-
	100	2

2

Registered Number: 05916532
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
PWS PICTURES LIMITED