Fellow Productions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08256716 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

FELLOW PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Beesley

M Ratcliff

REGISTERED OFFICE:

3rd Floor, The News Building

3 London Bridge Street

London

SE1 9SG

REGISTERED NUMBER:

08256716 (England and Wales)

ACCOUNTANTS:

Randall Robinson

Chartered Certified Accountants

3rd Floor, The News Building

3 London Bridge Street

London

SE1 9SG

FIXED ASSETS

Property, plant and equipment

4

19,941

23,149

CURRENT ASSETS

Debtors

5

3,432

1,466

Cash at bank and in hand

1

18

3,433

1,484

CREDITORS

Amounts falling due within one year

6

47,847

46,982

NET CURRENT LIABILITIES

(44,414

)

(45,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,473

)

(22,349

)

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

(24,575

)

(22,451

)

SHAREHOLDERS' FUNDS

(24,473

)

(22,349

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2022 and were signed on its behalf by:

P Beesley - Director

M Ratcliff - Director

1.	STATUTORY INFORMATION

Fellow Productions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 15% on reducing balance

Government grants

Grants received due to Covid 19 are recognised within the income statement in accordance

with FRS102, paragraph 24.5E

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 May 2021

95,372

Additions

1,408

At 30 April 2022

96,780

DEPRECIATION

At 1 May 2021

72,223

Charge for year

4,616

At 30 April 2022

76,839

NET BOOK VALUE

At 30 April 2022

19,941

At 30 April 2021

23,149

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

3,432

1,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

17,741

5,979

Trade creditors

6,492

5,998

Taxation and social security

5,787

4,394

Other creditors

17,827

30,611

47,847

46,982