Company Registration No. 10103416 (England and Wales)
SCHOFIELD PRODUCTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
PAGES FOR FILING WITH REGISTRAR
SCHOFIELD PRODUCTIONS LIMITED
COMPANY INFORMATION
Director
Mr S Schofield
Company number
10103416
Registered office
1 Tiger Moth Way
Lower Stondon
Henlow
Bedfordshire
SG16 6GN
Accountants
Theataccounts Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SCHOFIELD PRODUCTIONS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
SCHOFIELD PRODUCTIONS LIMITED
ENTERTAINMENT ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SCHOFIELD PRODUCTIONS LIMITED FOR THE YEAR ENDED 30 APRIL 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Schofield Productions Limited for the year ended 30 April 2023 which comprise, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
It is your duty to ensure that Schofield Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Schofield Productions Limited. You consider that Schofield Productions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Schofield Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Theataccounts Limited
29 January 2024
Entertainment Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SCHOFIELD PRODUCTIONS LIMITED
BALANCE SHEET
AS AT 30 APRIL 2023
30 April 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
254
339
Current assets
Cash at bank and in hand
1,334
905
Creditors: amounts falling due within one year
4
(2,907)
(721)
Net current (liabilities)/assets
(1,573)
184
Total assets less current liabilities
(1,319)
523
Creditors: amounts falling due after more than one year
5
(1,407)
Net liabilities
(1,319)
(884)
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
(1,419)
(984)
Total equity
(1,319)
(884)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 29 January 2024.
Mr S Schofield
Director
Company Registration No. 10103416
SCHOFIELD PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
- 3 -
1
Accounting policies
Company information
Schofield Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Tiger Moth Way, Lower Stondon, Henlow, Bedfordshire, SG16 6GN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Fixtures and fittings
25% reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2022 - 1).
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2022 and 30 April 2023
602
Depreciation and impairment
At 1 May 2022
263
Depreciation charged in the year
85
At 30 April 2023
348
Carrying amount
At 30 April 2023
254
At 30 April 2022
339
SCHOFIELD PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
- 4 -
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
480
Other creditors
2,907
241
2,907
721
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
1,407
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary A of £1 each
100
100
100
100
7
Ultimate controlling party
The ultimate controlling party is Mr S Schofield.