Addicted Films Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05815051 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020

FOR

ADDICTED FILMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Court

N M Stillwell

SECRETARY:

D R Court

REGISTERED OFFICE:

The Grange

Market Square

Westerham

Kent

TN16 1HB

REGISTERED NUMBER:

05815051 (England and Wales)

ACCOUNTANTS:

WBD Accountants Limited

Marlbridge House

Enterprise Way

Edenbridge

Kent

TN8 6HF

FIXED ASSETS

Tangible assets

4

477

561

CURRENT ASSETS

Debtors

5

68,571

85,311

Cash at bank

-

71

68,571

85,382

CREDITORS

Amounts falling due within one year

6

48,384

47,813

NET CURRENT ASSETS

20,187

37,569

TOTAL ASSETS LESS CURRENT LIABILITIES

20,664

38,130

CREDITORS

Amounts falling due after more than one year

7

52,160

68,899

NET LIABILITIES

(31,496

)

(30,769

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(31,596

)

(30,869

)

SHAREHOLDERS' FUNDS

(31,496

)

(30,769

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2020 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2021 and were signed on its behalf by:

N M Stillwell - Director

D R Court - Director

1.	STATUTORY INFORMATION

Addicted Films 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.

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

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2019

and 30 November 2020

1,180

DEPRECIATION

At 1 December 2019

619

Charge for year

84

At 30 November 2020

703

NET BOOK VALUE

At 30 November 2020

477

At 30 November 2019

561

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Other debtors

68,571

85,311

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Bank loans and overdrafts

19

-

Other creditors

48,365

47,813

48,384

47,813

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.20

30.11.19

£

£

Other creditors

52,160

68,899

8.	GOING CONCERN AND FINANCIAL SUPPORT

The company's ability to continue as a going concern is dependent upon the continued support of the company's directors. The directors have no reason to believe that sufficient support will not be provided to allow the company to continue trading for the foreseeable future. Accordingly, the director considers it appropriate to prepare the financial statements on a going concern basis.