Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31true2true22021-01-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04163608 2021-01-01 2021-12-31 04163608 2020-01-01 2020-12-31 04163608 2021-12-31 04163608 2020-12-31 04163608 c:Director1 2021-01-01 2021-12-31 04163608 d:CurrentFinancialInstruments 2021-12-31 04163608 d:CurrentFinancialInstruments 2020-12-31 04163608 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 04163608 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 04163608 d:ShareCapital 2021-12-31 04163608 d:ShareCapital 2020-12-31 04163608 d:RetainedEarningsAccumulatedLosses 2021-12-31 04163608 d:RetainedEarningsAccumulatedLosses 2020-12-31 04163608 c:FRS102 2021-01-01 2021-12-31 04163608 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 04163608 c:FullAccounts 2021-01-01 2021-12-31 04163608 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 04163608









CHITTY (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
CHITTY (UK) LIMITED
REGISTERED NUMBER: 04163608

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 2 
728
698

Cash at bank and in hand
  
13,231
22,839

  
13,959
23,537

Creditors: amounts falling due within one year
 3 
(2,750)
(2,750)

Net current assets
  
 
 
11,209
 
 
20,787

Total assets less current liabilities
  
11,209
20,787

  

Net assets
  
11,209
20,787


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
11,109
20,687

  
11,209
20,787


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2022.



B Broccoli CBE
Director


The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Going concern

The company meets its day to day working capital requirements through its own resources.
After considering the forecast level of activity, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of these financial statements. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
1.3

Revenue

Turnover comprises revenue recognised by the company in respect of royalties received during the year and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured.

 
1.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
1.6

Creditors

Short term creditors are measured at the transaction price.


2.


Debtors

2021
2020
£
£


Other debtors
728
698

728
698


Page 2

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

3.


Creditors: Amounts falling due within one year

2021
2020
£
£

Accruals
2,750
2,750

2,750
2,750


Page 3

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Related party transactions

Amounts advanced by the group of participants in the London theatrical production of "Chitty Chitty Bang Bang" are only repayable out of any surplus arising from the productions.
The financial position at 31 December 2021 was as follows:


Investment in the London production "Chitty Chitty Bang Bang"




Represented by:

2021
2020
£
£

Production costs, revenues and distributions


Cost of production
5,538,972
5,538,972

Less: Net revenues received to date
(6,364,109)
(6,364,321)

Add: Distribution of profits to participants
825,215
825,215

 
 
78
 
 
(134)



Cash at bank and in hand
478
690


Stock
-
-

Creditors


Taxation and social security
556
556

Other creditors and accruals
-
-

 
 
(556)
 
 
(556)


-
-

 
Page 4