Perfectly Normal Productions Limited 30/06/2023 iXBRL

Perfectly Normal Productions Limited 30/06/2023 iXBRL

PERFECTLY NORMAL PRODUCTIONS LIMITED - Company Information

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1 01/07/2022 30/06/2023 2023-06-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-07-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05480878 2022-07-01 2023-06-30 05480878 2023-06-30 05480878 2022-06-30 05480878 2021-07-01 2022-06-30 05480878 2022-06-30 05480878 2021-06-30 05480878 core:PlantMachinery 2022-07-01 2023-06-30 05480878 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 05480878 core:MotorVehicles 2022-07-01 2023-06-30 05480878 bus:RegisteredOffice 2022-07-01 2023-06-30 05480878 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 05480878 bus:Director1 2022-07-01 2023-06-30 05480878 bus:Director2 2022-07-01 2023-06-30 05480878 bus:Director3 2022-07-01 2023-06-30 05480878 bus:Director4 2022-07-01 2023-06-30 05480878 bus:CompanySecretary1 2022-07-01 2023-06-30 05480878 core:FurnitureFittingsToolsEquipment 2022-06-30 05480878 core:FurnitureFittingsToolsEquipment 2023-06-30 05480878 core:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 05480878 core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 05480878 core:WithinOneYear 2023-06-30 05480878 core:WithinOneYear 2022-06-30 05480878 core:ShareCapital 2023-06-30 05480878 core:ShareCapital 2022-06-30 05480878 core:RetainedEarningsAccumulatedLosses 2023-06-30 05480878 core:RetainedEarningsAccumulatedLosses 2022-06-30 05480878 core:ShareCapital 2021-06-30 05480878 core:RetainedEarningsAccumulatedLosses 2021-06-30 05480878 core:PreviouslyStatedAmount core:ShareCapital 2023-06-30 05480878 core:FurnitureFittingsToolsEquipment 2022-06-30 05480878 bus:SmallEntities 2022-07-01 2023-06-30 05480878 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 05480878 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 05480878 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05480878 bus:FullAccounts 2022-07-01 2023-06-30
Company registration number: 05480878
Perfectly Normal Productions Limited
Unaudited filleted financial statements
30 June 2023
Perfectly Normal Productions Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Perfectly Normal Productions Limited
Directors and other information
Directors D Morley
D G D Maggs
P D Weir
R Clemmow
Secretary P D Weir
Company number 05480878
Registered office 5 Orchard Crescent
Edgware
Middlesex
HA8 9PP
Accountant Passer & Co
20 Sunningdale Close
Stanmore
HA7 3QL
Perfectly Normal Productions Limited
Statement of financial position
30 June 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 823 628
_______ _______
823 628
Current assets
Stocks - 35,000
Debtors 6 11,000 -
Cash at bank and in hand 47,857 15,103
_______ _______
58,857 50,103
Creditors: amounts falling due
within one year 7 ( 4,540) ( 1,628)
_______ _______
Net current assets 54,317 48,475
_______ _______
Total assets less current liabilities 55,140 49,103
_______ _______
Net assets 55,140 49,103
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 55,040 49,003
_______ _______
Shareholders funds 55,140 49,103
_______ _______
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 24 March 2024 , and are signed on behalf of the board by:
D G D Maggs
Director
Company registration number: 05480878
Perfectly Normal Productions Limited
Statement of changes in equity
Year ended 30 June 2023
Called up share capital Profit and loss account Total
£ £ £
At 1 July 2021 100 71,820 71,920
Profit/(loss) for the year ( 22,817) ( 22,817)
_______ _______ _______
Total comprehensive income for the year - ( 22,817) ( 22,817)
_______ _______ _______
At 30 June 2022 and 1 July 2022 100 49,003 49,103
Profit/(loss) for the year 10,037 10,037
_______ _______ _______
Total comprehensive income for the year - 10,037 10,037
Dividends paid and payable ( 4,000) ( 4,000)
_______ _______ _______
Total investments by and distributions to owners - ( 4,000) ( 4,000)
_______ _______ _______
At 30 June 2023 100 55,040 55,140
_______ _______ _______
Perfectly Normal Productions Limited
Notes to the financial statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Orchard Crescent, Edgware, Middlesex, HA8 9PP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 25 % reducing balance
Fittings fixtures and equipment - 25 % straight line
Motor vehicles - 25 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 July 2022 2,836 2,836
Additions 404 404
_______ _______
At 30 June 2023 3,240 3,240
_______ _______
Depreciation
At 1 July 2022 2,208 2,208
Charge for the year 209 209
_______ _______
At 30 June 2023 2,417 2,417
_______ _______
Carrying amount
At 30 June 2023 823 823
_______ _______
At 30 June 2022 628 628
_______ _______
6. Debtors
2023 2022
£ £
Trade debtors 11,000 -
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Social security and other taxes 3,640 728
Other creditors 900 900
_______ _______
4,540 1,628
_______ _______