Company Registration No. 02248752 (England and Wales)
The Good Film Company Limited
Unaudited accounts
for the year ended 31 March 2021
The Good Film Company Limited
Unaudited accounts
Contents
The Good Film Company Limited
Company Information
for the year ended 31 March 2021
Director
Yanina Kim Tracy Barry
Company Number
02248752 (England and Wales)
Registered Office
THE STUDIO 5-6 ETON GARAGES
LAMBOLLE PLACE
LONDON
NW3 4PE
Accountants
Elizabeth Needham FFA
Needham Accountancy Ltd
Berkeley House
Barnet Road
London Colney, Hertfordshire
AL2 1BG
The Good Film Company Limited
Statement of financial position
as at 31 March 2021
Cash at bank and in hand
227,984
99,063
Creditors: amounts falling due within one year
(199,222)
(95,325)
Net current assets
156,983
92,763
Total assets less current liabilities
156,984
93,576
Creditors: amounts falling due after more than one year
(30,913)
(5,847)
Called up share capital
100
100
Profit and loss account
125,971
87,629
Shareholders' funds
126,071
87,729
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 December 2021 and were signed on its behalf by
Yanina Kim Tracy Barry
Director
Company Registration No. 02248752
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2021
The Good Film Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02248752. The registered office is THE STUDIO 5-6 ETON GARAGES, LAMBOLLE PLACE, LONDON, NW3 4PE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
After making enquiries, the directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
In 2018 equity dividends were £19.000. No dividend were payable in 2017.
The Good Film Company Limited
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
8,782
3,150
2,436
14,368
At 31 March 2021
8,782
3,150
2,436
14,368
At 1 April 2020
8,781
3,150
1,624
13,555
Charge for the year
-
-
812
812
At 31 March 2021
8,781
3,150
2,436
14,367
At 31 March 2020
1
-
812
813
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
121,983
83,226
Accrued income and prepayments
980
799
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
5,258
5,000
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
94,075
58,197
Taxes and social security
81,737
31,500
Loans from directors
21,710
3,928
7
Creditors: amounts falling due after more than one year
2021
2020
Amounts owed to group undertakings and other participating interests
30,913
5,847
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2020: 1).
