Company Registration No. 11216569 (England and Wales)
London Film & Tv Ltd
Unaudited accounts
for the year ended 30 April 2025
London Film & Tv Ltd
Unaudited accounts
Contents
London Film & Tv Ltd
Company Information
for the year ended 30 April 2025
Company Number
11216569 (England and Wales)
Registered Office
16-18 Black Friars Lane
London
EC4V 6EB
England
London Film & Tv Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
2,310
5,602
Cash at bank and in hand
24,547
5,085
Creditors: amounts falling due within one year
(317,482)
(253,958)
Net current assets
230,032
146,501
Total assets less current liabilities
232,342
152,103
Creditors: amounts falling due after more than one year
(761,782)
(748,250)
Provisions for liabilities
Net liabilities
(529,880)
(597,548)
Called up share capital
100
100
Profit and loss account
(529,980)
(597,648)
Shareholders' funds
(529,880)
(597,548)
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 28 April 2026 and were signed on its behalf by
Ian Henry
Director
Company Registration No. 11216569
London Film & Tv Ltd
Notes to the Accounts
for the year ended 30 April 2025
London Film & Tv Ltd is a private company, limited by shares, registered in England and Wales, registration number 11216569. The registered office is 16-18 Black Friars Lane, London, EC4V 6EB, 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.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position, expected future performance, and availability of financing, and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
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.
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:
Land & buildings
20% straight line
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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.
London Film & Tv Ltd
Notes to the Accounts
for the year ended 30 April 2025
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
London Film & Tv Ltd
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
38,683
161,316
22,664
56,956
279,619
At 30 April 2025
38,683
161,316
22,664
56,956
279,619
At 1 May 2024
38,572
160,484
22,664
52,297
274,017
Charge for the year
111
572
-
2,609
3,292
At 30 April 2025
38,683
161,056
22,664
54,906
277,309
At 30 April 2025
-
260
-
2,050
2,310
At 30 April 2024
111
832
-
4,659
5,602
Amounts falling due within one year
Trade debtors
181,153
82,303
Other debtors
341,814
313,071
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
52,935
40,864
Trade creditors
49,617
48,147
Taxes and social security
58,628
56,740
Other creditors
107,740
96,372
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
744,947
702,612
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
London Film & Tv Ltd
Notes to the Accounts
for the year ended 30 April 2025
9
Transactions with related parties
The company was under the control of director Ian Henry. As at 30 April 2025 the company owed the director £744,947 (2024: £702,612).
10
Average number of employees
During the year the average number of employees was 3 (2024: 5).