Solihull Productions Ltd - Accounts to registrar (filleted) - small 22.3

Solihull Productions Ltd - Accounts to registrar (filleted) - small 22.3

SOLIHULL PRODUCTIONS LTD - Company Information

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REGISTERED NUMBER: 09407028 (England and Wales)














Financial Statements for the Year Ended 31 March 2022

for

Solihull Productions Ltd
Solihull Productions Ltd (Registered number: 09407028)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Solihull Productions Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTOR: Mr B Bhambra





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 09407028 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY
Page 1
Solihull Productions Ltd (Registered number: 09407028)

Statement of Financial Position
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 333 392

CURRENT ASSETS
Stocks - 200
Debtors 5 17,196 12,514
Cash at bank - 2,438
17,196 15,152
CREDITORS
Amounts falling due within one year 6 7,402 6,192
NET CURRENT ASSETS 9,794 8,960
TOTAL ASSETS LESS CURRENT LIABILITIES 10,127 9,352

CREDITORS
Amounts falling due after more than one
year
7
13,887
16,137
NET LIABILITIES (3,760 ) (6,785 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,761 ) (6,786 )
(3,760 ) (6,785 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2
Solihull Productions Ltd (Registered number: 09407028)

Statement of Financial Position - continued
31 March 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2022 and were signed by:





Mr B Bhambra - Director


The notes form part of these financial statements

Page 3
Solihull Productions Ltd (Registered number: 09407028)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Solihull Productions Ltd 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
Turnover 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 - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Government grants
Government grants represents income received in the form of Job Retention Scheme (JRS) money received from the Government during the COVID-19 pandemic. The Government Grant also represents the first year of interest for the company on the Bounce Back Loan (BBL). The grants are recognised on the accruals basis in the same period as the expenditure that it is expected to compensate for.

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Page 4
Solihull Productions Ltd (Registered number: 09407028)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2021
and 31 March 2022 542
DEPRECIATION
At 1 April 2021 150
Charge for year 59
At 31 March 2022 209
NET BOOK VALUE
At 31 March 2022 333
At 31 March 2021 392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 1,950 1,373
Other debtors 15,246 11,141
17,196 12,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 4,772 1,500
Trade creditors 1,136 983
Taxation and social security 1,494 3,709
7,402 6,192

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 12,000 13,500
Amounts owed to participating interests 1,887 2,637
13,887 16,137

8. RELATED PARTY DISCLOSURES

The Director, Mr B Bhambra, is considered to be key management personnel.

Page 5
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Solihull Productions Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Solihull Productions Ltd for the year ended 31 March 2022 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Solihull Productions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Solihull Productions Ltd and state those matters that we have agreed to state to the director of Solihull Productions Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Solihull Productions Ltd and its director for our work or for this report.

It is your duty to ensure that Solihull Productions Ltd 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 profit of Solihull Productions Ltd. You consider that Solihull Productions Ltd 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 Solihull Productions Ltd. 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.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................

This page does not form part of the statutory financial statements

Page 6