Company Registration No. 10133741 (England and Wales)
BLUESHIFT PRODUCTIONS LIMITED
Unaudited accounts
for the year ended 30 April 2023
BLUESHIFT PRODUCTIONS LIMITED
Unaudited accounts
Contents
BLUESHIFT PRODUCTIONS LIMITED
Company Information
for the year ended 30 April 2023
Director
Mr Andre Johnston Pijunchi
Company Number
10133741 (England and Wales)
Registered Office
224 SHAFTESBURY AVENUE
LONDON
WC2H 8EB
ENGLAND
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
BLUESHIFT PRODUCTIONS LIMITED
Statement of financial position
as at 30 April 2023
Tangible assets
6,273
8,365
Cash at bank and in hand
11,972
10,317
Creditors: amounts falling due within one year
(94,227)
(54,728)
Net current liabilities
(35,674)
(3,985)
Total assets less current liabilities
(29,401)
4,380
Creditors: amounts falling due after more than one year
(42,763)
(57,473)
Net liabilities
(72,164)
(53,093)
Called up share capital
1,000
1,000
Profit and loss account
(73,164)
(54,093)
Shareholders' funds
(72,164)
(53,093)
For the year ending 30 April 2023 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 his 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 26 October 2023 and were signed on its behalf by
Mr Andre Johnston Pijunchi
Director
Company Registration No. 10133741
BLUESHIFT PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2023
BLUESHIFT PRODUCTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10133741. The registered office is 224 SHAFTESBURY AVENUE, LONDON, WC2H 8EB, ENGLAND.
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 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing method
Fixtures & fittings
25% Reducing method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
BLUESHIFT PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
4,084
31,255
35,339
At 30 April 2023
4,084
31,255
35,339
At 1 May 2022
2,561
24,413
26,974
Charge for the year
381
1,711
2,092
At 30 April 2023
2,942
26,124
29,066
At 30 April 2023
1,142
5,131
6,273
At 30 April 2022
1,523
6,842
8,365
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
33,000
33,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
24,147
27,116
Other creditors
15,194
4,613
Loans from directors
53,013
21,813
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).
