Company Registration No. NI057924 (Northern Ireland)
Peter Corry Productions Limited
Unaudited accounts
for the year ended 31 January 2026
Peter Corry Productions Limited
Statement of financial position
as at 31 January 2026
Intangible assets
4,483
5,204
Tangible assets
10,362
12,444
Cash at bank and in hand
15,026
29,279
Creditors: amounts falling due within one year
(32,666)
(52,644)
Net current liabilities
(5,340)
(11,603)
Total assets less current liabilities
9,505
6,045
Creditors: amounts falling due after more than one year
-
(5,945)
Called up share capital
100
100
Profit and loss account
9,405
-
Shareholders' funds
9,505
100
For the year ending 31 January 2026 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 27 October 2026 and were signed on its behalf by
Peter Corry
Director
Company Registration No. NI057924
Peter Corry Productions Limited
Notes to the Accounts
for the year ended 31 January 2026
Peter Corry Productions Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI057924. The registered office is Unit 2 Channel Wharf , 21 Old Channel Road, Belfast, Antrim, BT3 9DE, United Kingdom.
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 director believes that Peter Corry Productions Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
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 performing arts is recognised when all of the following criteria are satisfied:
- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred in respect of the transaction can be measured reliably.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
33.33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Peter Corry Productions Limited
Notes to the Accounts
for the year ended 31 January 2026
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Government grants are credited to the Profit and Loss Account when receivable.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2025
27,031
15,928
42,959
At 31 January 2026
32,826
16,303
49,129
At 1 February 2025
14,587
15,928
30,515
Charge for the year
8,211
41
8,252
At 31 January 2026
22,798
15,969
38,767
At 31 January 2026
10,028
334
10,362
At 31 January 2025
12,444
-
12,444
Peter Corry Productions Limited
Notes to the Accounts
for the year ended 31 January 2026
Amounts falling due within one year
Accrued income and prepayments
1,372
1,583
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
4,167
8,221
Taxes and social security
12,347
13,174
Other creditors
2,117
5,175
Deferred income
3,666
1,503
8
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
50 Ordinary A shares of £1 each
50
50
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).