| Laughing Stock Productions Limited |
| Registered number: |
02632365 |
| Statement of Financial Position |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
530 |
|
|
686 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
239 |
| Debtors |
4 |
|
1,540 |
|
|
5,300 |
| Cash at bank |
|
|
19,261 |
|
|
16,155 |
|
|
|
20,801 |
|
|
21,694 |
|
| Creditors: amounts falling due within one year |
5 |
|
(15,243) |
|
|
(16,245) |
|
| Net current assets |
|
|
|
5,558 |
|
|
5,449 |
|
| Net assets |
|
|
|
6,088 |
|
|
6,135 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
6,086 |
|
|
6,133 |
|
| Shareholder's funds |
|
|
|
6,088 |
|
|
6,135 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. |
| The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. |
|
|
|
|
| D E Christopher |
| Director |
| Approved by the board on 27 May 2026 |
|
| Laughing Stock Productions Limited |
| Notes to the Financial Statements |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
Tangible fixed assets |
|
Depreciation is provided at the following annual rates calculated to write off each asset over its expected useful life: |
|
Plant and machinery etc |
- 25% on reducing balance |
| m |
|
|
Stocks |
|
Stocks are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items. |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2025 |
1,260 |
|
At 31 March 2026 |
1,260 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
574 |
|
Charge for the year |
156 |
|
At 31 March 2026 |
730 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
530 |
|
At 31 March 2025 |
686 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
163 |
|
740 |
|
Other debtors |
1,377 |
|
4,560 |
|
|
|
|
|
|
1,540 |
|
5,300 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
77 |
|
- |
|
Taxation and social security costs |
3,560 |
|
3,491 |
|
Other creditors |
11,606 |
|
12,754 |
|
|
|
|
|
|
15,243 |
|
16,245 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Laughing Stock Productions Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
34 Radcliffe Street |
|
Milton Keynes |
|
Buckinghamshire |
|
MK12 5DH |