Company Registration No. SC591806 (Scotland)
Encaptivate Films Ltd
Unaudited accounts
for the year ended 31 March 2025
Encaptivate Films Ltd
Unaudited accounts
Contents
Encaptivate Films Ltd
Company Information
for the year ended 31 March 2025
Directors
Simone Alison Matthews Bett
Magnus Timothy Wake
Company Number
SC591806 (Scotland)
Registered Office
272 Bath Street
Glasgow
G2 4JR
Scotland
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Encaptivate Films Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
21,565
31,976
Cash at bank and in hand
24,705
82,518
Creditors: amounts falling due within one year
(9,895)
(38,452)
Net current assets
16,351
58,581
Total assets less current liabilities
37,916
90,557
Provisions for liabilities
Deferred tax
(4,098)
(6,076)
Called up share capital
100
100
Profit and loss account
33,718
84,381
Shareholders' funds
33,818
84,481
For the year ending 31 March 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 13 December 2025 and were signed on its behalf by
Simone Alison Matthews Bett
Director
Company Registration No. SC591806
Encaptivate Films Ltd
Notes to the Accounts
for the year ended 31 March 2025
Encaptivate Films Ltd is a private company, limited by shares, registered in Scotland, registration number SC591806. The registered office is 272 Bath Street, Glasgow, G2 4JR, 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% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
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.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Encaptivate Films Ltd
Notes to the Accounts
for the year ended 31 March 2025
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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Tangible fixed assets
Plant & machinery
Charge for the year
13,657
Amounts falling due within one year
Accrued income and prepayments
1,541
1,467
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,753
10,244
Other creditors
2,142
28,208
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Average number of employees
During the year the average number of employees was 2 (2024: 3).