Registered nuinber 12578828 THE GHETTO FILM SCHOOL LIMITED DIRECTORS. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
The Ghetto Film School Limited Contents Page Coinpan). Infonnation FJirLxlurs' Rcpvrt Accountaiit's Rewrl Abridged Income and Expenditure Account Abridged Balanee Shtei Note5 to the Abridged Financial Stalernenls ThL fvlliiwing pagts noi fvrnl part iifih¢ siaillitsry &etounts Abridsed DetAild Incoine and Expeiidiiure Accouiil
The Ghetto Film School Limited Conjpany Infurrnatiun For Th¢ year Ended 30 April 2024 DirectDr5 Mr Nizam Uddin Ms Helen AiidreB's Ms Oliwia Bonner M% Nlitanda Higham Mr SW-wart MrJ(Trn Wardl Compamv llber 12578828 Reglstered Ofllt 99 Bishopsgate Lath&m & Watk'ins All J D*id %ieivart 13lh Fl LvnJvn Ec2 3XF Think %mart Ai¢vunls Lid 14 Farnh(Trn)u¥h Slrccl F3rnboTounh GU148AG Page I
The Ghetto Film School Limited Company Nu. 12578828 Dir¢£lors' Report For Th¢ Year Ended 30 April 2024 Thu diriitors pri1 Ihcir rLPQrt and th¢ finun¢ial 5tatLYnints fvrthL )'iar ldL 30 April 2024 Dirnctors The directors 'hO held office during the yeRr were as follows-. Ms Helen Andrews Ms olila Bonner 15 Miwda Higham Mr L)awid Siewart MrJon Ilardle MrJo¢ Hall R¢51¥ned 2310512023 StAtetnent of Director5, Rt5poDsibilities Th¢ Jir¢il(Ir5 ar¢ splI%1h1r l(Ir prLparing IliL FJirCciv. RcpDrt Ihv Iin8n¢ial statctncnts in acv(Irdanw with yppliiabll law and r¢Bulyti(In5 c1)mpan law re4uire% ihe direeiof% li) prepare finaneial %iaiemerti% r()r each firtancial Ilnder ihai laiv the direetthr4 hase elecied li) prepare the financial comp8nk and of the siirplus or deficit of the company for that period. In preparing the finaneial statemertts ihe directors are required to.. Inak-e Judgnients and a¢iounling e51imale5 that are T¢asonable aiid PTud¢nl-. prepare the fin8nci&l statements on the going conctm basis urtltss it Is inappropriaie to presume thai the compan> will Lofitinue in business. 2006 Th4. are also responsible for sRfe8uarding the assets of the coinpAny and hence for taking reasonable steps for ihe prel'ention and detection of frdud and Th¢ Jir¢¢iors #ru ristKln5iblL for lh¢ rnainiL-nanL¢ #nd InlLwII) (If lh¢ iyrpor#LL- and linan¢ial informaiion inLllldLd (In thi LOttip#ny's w¢bsil¢. L¢gisl#iion in the United Kingdoin governin8 the prepAration and dissemination of financial st&tements may differ from legislation in other Jiirisdictions. SThall CoMpaY RNle5 Thi5 r¢tK)rt ha5 h¢in prLpar¢d in with th¢ 5p¢¢ial provisions rulalin¥ to iompan1¢5 subjirt lo th¢ small iompani¢5 fc¥iniL 14ilhin Part 15 vf th¢ Lomp&nies Act 21Y)6 On behalf of the board MrNiT4m Uddin Director 31 January 2025 Page 2
The Ghetto Film School Limited Accvuntant's Report For Th¢ year Ended 30 April 2024 In accordance witli the ensa8emeni leller d11 ted, and In order lo as51St you to fulfil voiir diitie5 under the Companie5 Aci 2006. we hae compiled the finaiicial stal¢tn¥nl5 vfthi v(Itnpan) fry?m thi &iii?untin¥ r¥y(Irds inliirtnalii?n ixplandtlVllS )'vu havv Iv us Tliis report is nde to ihe directors iii accordance with the terms of oiir engagement Oiir Ork has been undertaken io prepAre forapproval by tlie directors ihe linaniial ststenieNts that have been eiigaged to cotnpil¢. lo report lo th¢ dir¢¢lors that we ha%'e d¢)n¢ 50. and 10 51al¢ Ih05e tnafters that w¢ ha¢ agreed to SLqte io them in this report artd for n(J Other purpose -lo iht fullest extent Ftmiitttd b!, law. 't do rtoi aLLept (Jr assume reswnsibility trj anlcone other than the Companv and Ilie Compan}'s directOT5 for our Work QT for this Teport. You have ack-no7edged on the balance sheet a5 al vear ended 30 April 2024 vour duti. lo ensure that the com]Jan lias kept Proper ac¢ounliNg TecoTd5 and lo prepare financial .fjiaiemertis thai gile a irue and fair %iew under the C'omparties ALI 2V06. You consider ihat ihe Ciimpany ifj exempt from the siaiulory Te hae not instructed lo carry out audit of the financial ststements. For th15 reason. M-e liave not i'erified Ilie a¢¢uracy or coini)leleness of the LtOiirtiinE reci)rd% tsr Irtli)rnll{)n and explanaiions )l)u haye given 11) u% and do nthi. Iherelthre. expre%% arty i)Plrtitsrt ort the financial %iaiemertl4 Si8neJ 31 Januarv 2025 Think Smart Accounts l.td 14 FAmborouBh Street Farnborough H&mp%hire GU14 8AG Page 3
The Ghetto Film School Limited Abridged Income and Expenditure Account For Th¢ year Ended 30 April 2024 21124 Notts GROSS SI,'RPLIIS 43,932 Admillisiralive eXnSeS 142,4.f.fl OPEILITING SLIRPLIIS 1.477 Intere81 payable Similar charges SURPI.IIS BEFORE TAXATION 1.325 12.f21 Tax Surplus SIIRPI.IIS AFTF.R TAXATION BF.IYG SURPI.IIS FOR THF. FIry,IryCIAL I'EAR The no1¢5 on page 6 fomi part ot-thes¢ t]ancial striei¢llts. Page 4
The Ghetto Film School Limited Abridged Bulancv Sheet As Al 30 April 2024 2124 21123 Notes Creditors:.4mounts Falling Due lTritbin One YeAr 1,073 L'I. (.'URRL'1' A8SL'I'% ILIAIIILI'I'ILS TOT.4L ASSETS LESS CIIRRET LIABILITIES NET ASSETS 1.073 Inci)lliL F.xpvndiluri Ac¥vunl MEfvIBERS' FLliDS For the year ¢nding 30 Apiil 2024 th¢ compani was entitled lo ¢xemption trom audit under 5ectioii 477 of the Companie5 Act ielaling to small companies. The member5 have not reqiiired the company io obthin ali audit In accordi& lice wilh 5ectioii 476 of the Compaiiies Act 2006 The directors a¢kno.1¢Se their re5pon5ibilities for coinplyins with th¢ requiremen15 of th¢ Act with respect to accounliiig records and the preparation of These accounts hae prepared in &ccord8nce with the prols10S applicable to oompanies subject to the small companies regime. All ofthe compaiiy's meniber5 have consented to the preparatioii ofan Abridged Income aiid Expeiidiiure Accouni and an Abrid8ed Balance Slieet for the year April 2024 In ac¥yrdani¥ ivilh swliyn 44412AI of thi L(Trtnpuni¥s Aul lo(. On behaifofihe board Mr Nizam Uddi Director 31 January 21125 ThL n(11¥4 pa¥i 6 fuTm of thi finan¥ial Page 5
The Ghetto Film School Limited Notes to the Abridged Financial Statements For Th¢ year Ended 30 April 2024 l. General JnformatlOD The (Theii() Film %cho)()l Limiied 14 a privaie Ll)mpaTh)'. limiied by guaraniee. inLI)rpiiraied irt England & Wale%. regi4tered numher 1257%X2X The re@l%red office is 99 Bishops8Rie. LRihain & Watkiiis. Att J David steart 13tli Fl London. EC2NI 3XF 2. Accounting Policies 2.1. BaSL5 of PreparAli0 of FiDanciAI Statements I'he Iirtancial.%iaiemerti% bttn prepared urtder Ihe hi%LI)rical ei)nventithn And irt aLLf)rdanee Ll Firtaniial KerK)rtirtg %iandard 102 %eciitsn IA Small Eniities"The Financial Reportins Standard applicable in the UK aiid Republic of Ireland" and ihe Compaiiies Act 2006. 2.2. TuThover Tiimover Is mrd5ured at the fair value of ihe consideration received or receivable, net of discounts and value added laxes. Turnover includes revenue earrnL fmm ihe Sale i)r gth()d£ artd fr(>m the renderirtg ()f £erYiee% -I'urrtr)%er 1% reduced fthr e%iimaied LSlI}mer retur%. rtbAie£ 2nd i)iher £imilar Sale I'urnover from ihe sale 1% reLI)gni%ed heTh iht %ignifitArti ri%k.% and rewar1£ throller.hip i)f the go(Jd% ha£ trartsferred the buyer Thi% 1% usuallv at the point thAi the customer hAs signed for the delivery of the goods ReDderillg of services Tym(ii'¢r trum thr vf sirYiw¥ i¥ rw(Tr¥nis¢J M. r¢frrcnw to thv 5taui (Trf iomplrliyn vf thL iontra¢l Thi ¥laBc ofwmpliti(In yl'a ¢(TrnlrJ¢l Is measiired by comparing tlie iosts Incurred for ork performed to date to tlie total tStimaitd contract costs. Turno%'er Is oli1 recognised to the extent of recoverable ¢5¢S hell the oulcotNe ot a contraci ¢annol b¢ e51imaled ieliabli. 2 3. Txatiyn Inethme Lx expenle repre%eni4 ihe %um i)Iihe lax eurrertily payable and defetred IL The ta¥ currentl), ydyable Is based on taxable surplus for tlie year. Taxable surplus differs from Surplus as rewrted in the stsiement of comprehenSie con1'S liabilits. for current tAx is calculated using rates that have Eten enacted or substantle[Si enacted b> the end of the rtIng peri Deferred tax is reCOlsed on timing differences between the c&rryiiig amllnts of assets and liabilities In the financial statements and the aN'ailabl¢ a8ainst which thos¢ dedCTible tirnino differences can be utilised. Tlie catn'ino anioiiiil of deferred ta¥ assets is revIeed at the eiid of each to be recovered. tax ¢on5equences tliat ii'ould folloM- froin the llianner in which th¢ Coinpany expects. al the end of the rewrtlll8 period. lo recoier oi setile the Cutreiit and deferred are recognised in surplus or deficit for the ).r. except when Ille relaie to Items IhAI are recognised in oiher comprehensii'e In¢UTnL (Trr dir¢¢ili In vquity. In which tyurrcnl lax arL fLU)¥nisoa in uthLTCI)nipr¢hin5iV¢ IncI)mc yr Jircclly In uquity rvsp¢¢iivily .4iera&re Nurnbrr vf F.mplvytt5 Alerage iiumkerofemployees. Including directors. during iheyear was.. I1?023.. NIL) 4. Compan). limited b> guAfAntet ver¥ membtr tsf ihe Ll)mpani undertake% its Ll)nirihuLe ir) ihe 84%ei% of the ttsmparty. in ihe eveni r)f a winding up. %llLh an amount 84 m&y he required ni)I exceeding £1. Page 6
The Ghetto Film School Limited Abridged Detailed Expenditure Aecount For Th¢ year Ended 30 April 2024 2124 21123 .11"R0vLR Y5.X97 C.'O%'I' OF LE Pn)duClI()rt Exptn.%es Prvgrarn SuppliLS Pd 4.993 Scholarship 2.445 28.769 Other (Iireci costs 7,523 GROSS SI',RPI.ITS 43.932 Administrative F.%peTh$es W3g¢s and salarie5 Travel aiid sub5iStence eKpeiise5 14.899 3.041 1.799 147 Insurance Printiiig. wstRge and stationer> Aceountancy fees Lonsulianei ftts 3.95¥J 6.852 442 %llb4Criptii)n SllnJr)' (X$$ 142.4551 OPEIL4TING SIIRPLIIS 1.477 lThterest payabl¢ 5imil•r ch4rye5 Bank charges SIIRPLIIS BEFORE TAXATION 1.325 Tax SuTpIu$ Corpt)rJtiiin tyx vharg 252 12521 SITRPLIIS AFTER TAXATION BEING SURPLITS FOR THE FIYAYCIAL I'EAR Page 7