REGISTERED NUMBER: 08172351 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PRODUCTION ACCESS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mr O T Swannick

REGISTERED OFFICE:

13 Echo Barn Hill

Kendal

Lancashire

LA9 5NA

REGISTERED NUMBER:

08172351 (England and Wales)

ACCOUNTANTS:

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Tangible assets

4

12,972

5,581

CURRENT ASSETS

Debtors

5

4,236

70

Cash at bank and in hand

17,979

37,583

22,215

37,653

CREDITORS

Amounts falling due within one year

6

5,177

(3,777

)

NET CURRENT ASSETS

17,038

41,430

TOTAL ASSETS LESS CURRENT LIABILITIES

30,010

47,011

CREDITORS

Amounts falling due after more than one year

7

233

3,155

NET ASSETS

29,777

43,856

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

8

29,772

43,851

29,777

43,856

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by Oliver Thomas Swannick the director and authorised for issue on 22 May 2026 and were signed by:

Mr O T Swannick - Director

1.	STATUTORY INFORMATION

Production Access Ltd 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

22,675

756

1,550

1,667

26,648

Additions

6,466

214

-

6,386

13,066

At 31 August 2025

29,141

970

1,550

8,053

39,714

DEPRECIATION

At 1 September 2024

18,132

756

1,550

629

21,067

Charge for year

3,669

53

-

1,953

5,675

At 31 August 2025

21,801

809

1,550

2,582

26,742

NET BOOK VALUE

At 31 August 2025

7,340

161

-

5,471

12,972

At 31 August 2024

4,543

-

-

1,038

5,581

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,236

70

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,800

2,912

Trade creditors

1

(1

)

Taxation and social security

748

(7,448

)

Other creditors

1,628

760

5,177

(3,777

)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

233

3,155

8.

RESERVES

Retained

earnings

£

At 1 September 2024

43,851

Profit for the year

32,721

Dividends

(46,800

)

At 31 August 2025

29,772

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr O T Swannick

Balance outstanding at start of year

47

(278

)

Amounts advanced

(824

)

325

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(777

)

47

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without reference to ourselves.

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

Date: .............................................