REGISTERED NUMBER: 11424743 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

MUSILOVA THEATRE ARTS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mrs L J Musilova

REGISTERED OFFICE:

Musilova Studios

Atherton Way

Brigg

North Lincolnshire

DN20 8AR

REGISTERED NUMBER:

11424743 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

FIXED ASSETS

Tangible assets

4

-

610

CURRENT ASSETS

Debtors

5

64,065

34,007

Cash at bank

17,477

38,302

81,542

72,309

CREDITORS

Amounts falling due within one year

6

18,764

22,126

NET CURRENT ASSETS

62,778

50,183

TOTAL ASSETS LESS CURRENT LIABILITIES

62,778

50,793

PROVISIONS FOR LIABILITIES

-

116

NET ASSETS

62,778

50,677

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

62,678

50,577

SHAREHOLDERS' FUNDS

62,778

50,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 13 April 2026 and were signed by:

Mrs L J Musilova - Director

1.	STATUTORY INFORMATION

Musilova Theatre Arts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the total amount receivable by the company for services provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

2,190

DEPRECIATION

At 1 August 2024

1,580

Charge for year

610

At 31 July 2025

2,190

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

610

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,444

10

Directors' current accounts

62,449

33,836

Prepayments and accrued income

172

161

64,065

34,007

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

8,818

8,709

VAT

5,990

3,571

Other creditors

2,881

8,706

Accruals and deferred income

1,075

1,140

18,764

22,126

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

Mrs L J Musilova

Balance outstanding at start of year

33,836

17,968

Amounts advanced

67,331

51,723

Amounts repaid

(38,718

)

(35,855

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

62,449

33,836

8.

CHARGES

There is currently a floating charge that covers all the property or undertaking of the company.