Company Registration No. 02248752 (England and Wales)
The Good Film Company Limited
Unaudited accounts
for the year ended 31 March 2020
The Good Film Company Limited
Unaudited accounts
Contents
The Good Film Company Limited
Company Information
for the year ended 31 March 2020
Director
Yanina Kim Tracy Barry
Company Number
02248752 (England and Wales)
Registered Office
THE STUDIO 5-6 ETON GARAGES
LAMBOLLE PLACE
LONDON
NW3 4PE
Accountants
Elizabeth Needham FFA
Needham Accountancy Ltd
Berkeley House
Barnet Road
London Colney, Hertfordshire
AL2 1BG
The Good Film Company Limited
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
99,063
26,432
Creditors: amounts falling due within one year
(101,172)
(72,374)
Net current assets
86,916
15,925
Called up share capital
100
100
Profit and loss account
87,629
17,450
Shareholders' funds
87,729
17,550
For the year ending 31 March 2020 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 her 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 17 December 2020 and were signed on its behalf by
Yanina Kim Tracy Barry
Director
Company Registration No. 02248752
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2020
The Good Film Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02248752. The registered office is THE STUDIO 5-6 ETON GARAGES, LAMBOLLE PLACE, LONDON, NW3 4PE.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
After making enquiries, the directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
In 2018 equity dividends were £19.000. No dividend were payable in 2017.
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2020
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
8,782
3,150
2,436
14,368
At 31 March 2020
8,782
3,150
2,436
14,368
At 1 April 2019
8,781
3,150
812
12,743
Charge for the year
-
-
812
812
At 31 March 2020
8,781
3,150
1,624
13,555
At 31 March 2020
1
-
812
813
At 31 March 2019
1
-
1,624
1,625
Trade debtors
83,226
3,238
Accrued income and prepayments
799
799
Other debtors
5,000
57,830
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
58,197
30,537
Amounts owed to group undertakings and other participating interests
5,847
5,847
Taxes and social security
31,500
8,855
Loans from directors
3,928
25,535
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).
