Polymath Films Limited - Period Ending 2022-10-30

POLYMATH FILMS LIMITED - Company Information

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Registration number: 09254405

Polymath Films Limited

Unaudited Filleted Financial Statements

for the Period from 1 November 2021 to 30 October 2022

Polymath Films Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2

Polymath Films Limited

Company Information

Director

Mr M N Gostick

Registered office

Kemp House
150-160 City Road
London
EC1V 2NX

Accountants

Mr Jude Ballard
AIMS Accountants for Business
28 Deane Croft Road
Pinner
Middlesex
HA5 1SR

Polymath Films Limited

(Registration number: 09254405)
Balance Sheet as at 30 October 2022

	2022 £	2021 £
Fixed assets	24,785	6,040
Current assets	58,705	67,282
Creditors: Amounts falling due within one year	(58,353)	(41,125)
Net current assets	352	26,157
Total assets less current liabilities	25,137	32,197
Creditors: Amounts falling due after more than one year	(23,125)	(31,468)
	2,012	729
Capital and reserves	2,012	729

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Kemp House
150-160 City Road
London
EC1V 2NX

These financial statements were authorised for issue by the director on 31 May 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2021 - 1).

3	Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £Nil (2021 - £2,964). The loan is secured by a personal guarantee from the director of the company.

Polymath Films Limited

(Registration number: 09254405)
Balance Sheet as at 30 October 2022

4	Related party transactions

Transactions with the director

2022	At 1 November 2021 £	Repayments by director £	At 30 October 2022 £
2% interest bearing loan repayable on demand	26,461	(7,192)	19,269

2021	At 1 November 2020 £	Advances to director £	At 31 October 2021 £
2% interest bearing loan repayable on demand	14,160	12,301	26,461

For the financial period ending 30 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 31 May 2023

.........................................
Mr M N Gostick
Director