Company Registration No. 06641316 (England and Wales)
PARANOID PICTURES FILM COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
PARANOID PICTURES FILM COMPANY LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
PARANOID PICTURES FILM COMPANY LIMITED
BALANCE SHEET
AS AT 30 JUNE 2020
30 June 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Tangible assets
3
19
28
Current assets
Debtors
4
-
45,250
Cash at bank and in hand
25,347
91,586
25,347
136,836
Creditors: amounts falling due within one year
5
(1,200)
21,167
Net current assets
24,147
158,003
Total assets less current liabilities
24,166
158,031
Creditors: amounts falling due after more than one year
6
(700,000)
(831,849)
Net liabilities
(675,834)
(673,818)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(675,835)
(673,819)
Total equity
(675,834)
(673,818)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have 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.
PARANOID PICTURES FILM COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2020
30 June 2020
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 15 March 2021 and are signed on its behalf by:
...........................
....................
Jennifer Holdsworth
Olivia Wright
Director
Director
Company Registration No. 06641316
PARANOID PICTURES FILM COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
- 3 -
1
Accounting policies
Company information
Paranoid Pictures Film Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is International House, 2-4 Maddox Street, London, W1S 1QP.
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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Office Equipment
33% Reducing Balance
2
Employees
The average monthly number of persons employed by the company during the year was:
2020
2019
Number
Number
Total
-
-
PARANOID PICTURES FILM COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2020
- 4 -
3
Tangible fixed assets
Office Equipment
£
Cost
At 1 July 2019
1,532
At 30 June 2020
1,532
Depreciation
At 1 July 2019
1,504
Depreciation charged in the year
9
At 30 June 2020
1,513
Net Book Value
At 30 June 2020
19
At 30 June 2019
28
4
Debtors
2020
2019
Amounts falling due after more than one year:
£
£
Other debtors
-
45,250
5
Creditors: amounts falling due within one year
2020
2019
£
£
Taxation and social security
-
(22,917)
Other creditors
1,200
1,750
1,200
(21,167)
6
Creditors: amounts falling due after more than one year
2020
2019
£
£
Other creditors
700,000
831,849
2020-06-302019-07-01false15 March 2021CCH SoftwareCCH Accounts Production 2020.200No description of principal activityJennifer HoldsworthOlivia WrightJennifer Holdsworth0066413162019-07-012020-06-30066413162020-06-30066413162019-06-3006641316core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2020-06-3006641316core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2019-06-3006641316core:CurrentFinancialInstruments2020-06-3006641316core:CurrentFinancialInstruments2019-06-3006641316core:Non-currentFinancialInstruments2020-06-3006641316core:Non-currentFinancialInstruments2019-06-3006641316core:ShareCapital2020-06-3006641316core:ShareCapital2019-06-3006641316core:RetainedEarningsAccumulatedLosses2020-06-3006641316core:RetainedEarningsAccumulatedLosses2019-06-3006641316bus:CompanySecretaryDirector12019-07-012020-06-3006641316bus:Director12019-07-012020-06-3006641316core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2019-07-012020-06-3006641316core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2019-06-3006641316core:AfterOneYear2019-06-3006641316bus:PrivateLimitedCompanyLtd2019-07-012020-06-3006641316bus:SmallCompaniesRegimeForAccounts2019-07-012020-06-3006641316bus:FRS1022019-07-012020-06-3006641316bus:AuditExemptWithAccountantsReport2019-07-012020-06-3006641316bus:Director22019-07-012020-06-3006641316bus:CompanySecretary12019-07-012020-06-3006641316bus:FullAccounts2019-07-012020-06-30xbrli:purexbrli:sharesiso4217:GBP
