| Digital Filmpro Services Ltd |
| Registered number: |
05657146 |
| Balance Sheet |
| as at 31 December 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1 |
|
|
1 |
|
| Current assets |
| Debtors |
4 |
|
15,932 |
|
|
15,932 |
|
| Creditors: amounts falling due within one year |
5 |
|
(2,696) |
|
|
(2,696) |
|
| Net current assets |
|
|
|
13,236 |
|
|
13,236 |
|
| Total assets less current liabilities |
|
|
|
13,237 |
|
|
13,237 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(50,264) |
|
|
(50,264) |
|
|
|
| Net liabilities |
|
|
|
(37,027) |
|
|
(37,027) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(37,028) |
|
|
(37,028) |
|
| Shareholder's funds |
|
|
|
(37,027) |
|
|
(37,027) |
|
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Michael Willstrop |
| Director |
| Approved by the board on 14 September 2022 |
|
| Digital Filmpro Services Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 4 years |
|
Fixtures, fittings, tools and equipment |
over 4 years |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 January 2021 |
3,431 |
|
At 31 December 2021 |
3,431 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2021 |
3,430 |
|
At 31 December 2021 |
3,430 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2021 |
1 |
|
At 31 December 2020 |
1 |
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
15,932 |
|
15,932 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
15,932 |
|
15,932 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Accruals |
2,696 |
|
2,696 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Due to director |
50,264 |
|
50,264 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
|
The ultimate controlling party of the company is MH Willstrop, as main shareholder of WOW Showme Ltd, a company incorporated in Cyprus. |
|
|
| 8 |
Other information |
|
|
Digital Filmpro Services Ltd is a private company limited by shares and incorporated in England. Its registered office is: 10 Coldbath Square, London, EC1R 5HL. |
