Four-Square Productions Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13512318 (England and Wales)

Unaudited Financial Statements

for the Period 15 July 2021 to 31 July 2022

for

Four-Square Productions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Dumble

B A Gowen

N B Tilley

S G McCarthy

REGISTERED OFFICE:

188 Ashton Drive

Ashton Vale

Bristol

BS3 2PX

REGISTERED NUMBER:

13512318 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

FIXED ASSETS

Tangible assets

4

29,819

CURRENT ASSETS

Debtors

5

74,442

Cash at bank and in hand

314,330

388,772

CREDITORS

Amounts falling due within one year

6

204,705

NET CURRENT ASSETS

184,067

TOTAL ASSETS LESS CURRENT LIABILITIES

213,886

PROVISIONS FOR LIABILITIES

5,665

NET ASSETS

208,221

CAPITAL AND RESERVES

Called up share capital

240

Retained earnings

207,981

208,221

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2023 and were signed on its behalf by:

J P Dumble - Director

1.	STATUTORY INFORMATION

Four-Square 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

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

Additions

36,878

1,844

1,166

39,888

At 31 July 2022

36,878

1,844

1,166

39,888

DEPRECIATION

Charge for period

9,219

461

389

10,069

At 31 July 2022

9,219

461

389

10,069

NET BOOK VALUE

At 31 July 2022

27,659

1,383

777

29,819

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

11,376

Other debtors

63,066

74,442

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

54,903

Taxation and social security

46,332

Other creditors

103,470

204,705

7.	RELATED PARTY DISCLOSURES

Included in Creditors is an amount owing of £24,632 to Mr J Dumble, a director of the company. This amount is unsecured, interest free and repayable on demand.

Included in Creditors is an amount owing of £24,897 to Mr B Gowen a director of the company. This amount is unsecured, interest free and repayable on demand.

Included in Creditors is an amount owing of £24,940 to Mr N Tilley, a director of the company. This amount is unsecured, interest free and repayable on demand.

Included in Creditors is an amount owing of £24,905 to Mr S McCarthy, a director of the company. This amount is unsecured, interest free and repayable on demand.