Company Registration No. 04740674 (England and Wales)
1185 Films Limited
Unaudited accounts
for the year ended 30 April 2021
1185 Films Limited
Unaudited accounts
Contents
1185 Films Limited
Company Information
for the year ended 30 April 2021
Director
Nicola Rosario Franco
Company Number
04740674 (England and Wales)
Registered Office
14 Hanbury Street
London
E1 6QR
England
Accountants
OD Accountants Ltd
The Brew Eagle House
1st fl,163 City Road
London
EC1V 1NR
1185 Films Limited
Statement of financial position
as at
30 April 2021
Tangible assets
5,565
8,506
Cash at bank and in hand
7,538
168
Creditors: amounts falling due within one year
(83,578)
(94,430)
Net current liabilities
(47,548)
(76,595)
Total assets less current liabilities
(41,983)
(68,089)
Creditors: amounts falling due after more than one year
(275,041)
(224,981)
Net liabilities
(317,024)
(293,070)
Called up share capital
1
1
Profit and loss account
(317,025)
(293,071)
Shareholders' funds
(317,024)
(293,070)
For the year ending 30 April 2021 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 14 October 2021 and were signed on its behalf by
Nicola Rosario Franco
Director
Company Registration No. 04740674
1185 Films Limited
Notes to the Accounts
for the year ended 30 April 2021
1185 Films Limited is a private company, limited by shares, registered in England and Wales, registration number 04740674. The registered office is 14 Hanbury Street, London, E1 6QR, 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.
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:
Plant & machinery
20% Straightline
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2020
2,130
17,859
36,946
56,935
At 30 April 2021
2,730
17,859
36,946
57,535
At 1 May 2020
749
13,531
34,149
48,429
Charge for the year
546
865
2,130
3,541
At 30 April 2021
1,295
14,396
36,279
51,970
At 30 April 2021
1,435
3,463
667
5,565
At 30 April 2020
1,381
4,328
2,797
8,506
1185 Films Limited
Notes to the Accounts
for the year ended 30 April 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
26,471
13,646
Accrued income and prepayments
2,021
4,021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
4,600
23,856
Taxes and social security
1,677
-
Other creditors
59,474
61,300
Loans from directors
3,283
3,803
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
147,111
156,500
Loans from directors
77,930
68,481
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).