2022-06-30-accounts - Hatikvah Film Trust

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Company Registration No. 5167437 (England and Wales)

HATIKVAH FILM TRUST ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

HATIKVAH FILM TRUST ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Directors' report	4
Accountants' report	5
Income statement	6
Statement of financial position	7
Notes to the accounts	8
Detailed profit and loss account	10

HATIKVAH FILM TRUST COMPANY INFORMATION FOR THE YEAR ENDED 30 JUNE 2022

Directors

Company Number

Registered Office

Accountants

Mr Roy Thurleigh Mrs Meriel Forshaw Mr Nicholas Szkiler 5167437 (England and Wales)

16 Halliwick Gardens Felpham Bognor Regis West Sussex PO22 7JE UK

Scofield & Co 16 Halliwick Gardens Felpham Bognor Regis West Sussex Po22 7JE

HATIKVAH FILM TRUST (COMPANY NO: 5167437 ENGLAND AND WALES) DIRECTORS' REPORT

The directors present their report and accounts for the year ended 30 June 2022.

Principal activity

production of films and other media.

Directors

The following directors held office during the whole of the period:

Mr Roy Thurleigh Mrs Meriel Forshaw Mr Nicholas Szkiler

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Mr Roy Thurleigh Director

Approved by the board on: 15 August 2022

HATIKVAH FILM TRUST ACCOUNTANTS' REPORT

Accountants' report to the board of directors of Hatikvah Film Trust on the preparation of the unaudited statutory accounts for the year ended 30 June 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hatikvah Film Trust for the year ended 30 June 2022 as set out on pages 6 - 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Hatikvah Film Trust, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Hatikvah Film Trust and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hatikvah Film Trust and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hatikvah Film Trust has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hatikvah Film Trust. You consider that Hatikvah Film Trust is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hatikvah Film Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Scofield & Co

16 Halliwick Gardens Felpham Bognor Regis West Sussex Po22 7JE

15 August 2022

HATIKVAH FILM TRUST INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2022

Turnover Cost of sales Gross (loss)/profit Administrative expenses Other operating income Operating profit/(loss) Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities Profit/(loss) for the financial year	2022 £ 24,911 (31,906) (6,995) (11,245) 22,420 4,180 4,180 - 4,180	2021 £ 30,964 (29,598)
		1,366 (4,024) -
		(2,658)
		(2,658) -
		(2,658)

HATIKVAH FILM TRUST STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2022

Notes Fixed assets Tangible assets 4 Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current liabilities Net assets Capital and reserves Profit and loss account Shareholders' funds	2022 £ 19,279 4,982 3,963 8,945 (19,867) (10,922) 8,357 8,357 8,357	2021 £ 8,482 20,413 1,076
		21,489 (25,794)
		(4,305)
		4,177
		4,177
		4,177

For the year ending 30 June 2022 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared 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 financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by

Mr Roy Thurleigh Director

Company Registration No. 5167437

HATIKVAH FILM TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

1 Statutory information

Hatikvah Film Trust is a private company, limited by shares, registered in England and Wales, registration number 5167437. The registered office is 16 Halliwick Gardens, Felpham, Bognor Regis, West Sussex, PO22 7JE, UK.

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.

3 Accounting policies

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.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Turnover

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 25% Computer equipment 25% 4 Tangible fixed assets Cost or valuation At 1 July 2021 Additions At 30 June 2022 Depreciation At 1 July 2021 Charge for the year At 30 June 2022 Net book value At 30 June 2022 At 30 June 2021	Plant & machinery £ At cost 9,363 12,918 22,281 881 2,121 3,002 19,279 8,482	Computer equipment £ At cost 740 - 740 740 - 740 - -	Total £ 10,103 12,918
			23,021
			1,621 2,121
			3,742
			19,279
			8,482

HATIKVAH FILM TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

5 Debtors: amounts falling due within one year Trade debtors 6 Creditors: amounts falling due within one year Trade creditors Other creditors Loans from directors Accruals	2022 £ 4,982 2022 £ 5,875 3,192 10,000 800 19,867	2021 £ 20,413
		2021 £ 12,808 2,086 10,000 900
		25,794

7 Average number of employees

During the year the average number of employees was 0 (2021: 0).

HATIKVAH FILM TRUST DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022

This schedule does not form part of the statutory accounts.

Turnover Sales Fees Cost of sales Purchases Subcontractor costs Other direct costs Gross (loss)/profit Administrative expenses Telephone and fax Stationery and printing Bank charges Insurance Software Depreciation Sundry expenses Accountancy fees Consultancy fees Advertising and PR Other operating income Other operating income Operating profit/(loss) Profit/(loss) on ordinary activities before taxation	2022 £ 23,411 1,500 24,911 5,261 24,675 1,970 31,906 (6,995) 993 - 780 840 444 2,121 1,566 800 2,350 1,351 11,245 22,420 4,180 4,180	2021 £ 27,964 3,000
		30,964
		29,598 - -
		29,598
		1,366
		765 670 75 543 - - 231 900 - 840
		4,024
		-
		(2,658)
		(2,658)

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