Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-31 2023-01-31 2023-05-23 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2022-02-01 motion picture production services 2 true 11003619 2022-02-01 2023-01-31 11003619 2021-02-01 2022-01-31 11003619 2023-01-31 11003619 2022-01-31 11003619 c:Director1 2022-02-01 2023-01-31 11003619 d:CurrentFinancialInstruments 2023-01-31 11003619 d:CurrentFinancialInstruments 2022-01-31 11003619 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11003619 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11003619 d:ShareCapital 2023-01-31 11003619 d:ShareCapital 2022-01-31 11003619 d:RetainedEarningsAccumulatedLosses 2023-01-31 11003619 d:RetainedEarningsAccumulatedLosses 2022-01-31 11003619 c:FRS102 2022-02-01 2023-01-31 11003619 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11003619 c:FullAccounts 2022-02-01 2023-01-31 11003619 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11003619 2 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 11003619 DAGGER FILMS LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2023
DAGGER FILMS LIMITED REGISTERED NUMBER: 11003619 BALANCE SHEET AS AT 31 JANUARY 2023
|  | 2023 |  | 2022
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 96,246 |  | 69,388 |
Cash at bank and in hand | 5 | 39,469 |  | 107,352 |
|  | 135,715 |  | 176,740 |
Creditors: amounts falling due within one year | 6 | (132,882) |  | (166,568) |
Net current assets |  |  | 2,833 |  | 10,172
Net assets |  |  | 2,833 |  | 10,172
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 2,832 |  | 10,171
|  |  | 2,833 |  | 10,172
Page 1
DAGGER FILMS LIMITED REGISTERED NUMBER: 11003619 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 2023 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 comprehensive income 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 23 May 2023.
Mr J Thakrar
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
DAGGER FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023
1. | General information
Dagger Films Limited is a private company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The company's principal activity was that of motion picture production services. 2.Accounting policies
| 2.1 | 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:
| 2.2 | Revenue
Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
DAGGER FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023 2.Accounting policies (continued)
| 2.4 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.5 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.6 | 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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.8 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Page 4
DAGGER FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023 2.Accounting policies (continued)
| 2.9 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2022 - 2).
4. | Debtors
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Other debtors | 96,246 | 69,388
5. | Cash and cash equivalents
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Cash at bank and in hand | 39,469 | 107,352
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Trade creditors | - | 14,015
| Other taxation and social security | 748 | 17,176
| Other creditors | 108,959 | 57,187
| Accruals and deferred income | 23,175 | 78,190
|  | 132,882 | 166,568
Page 5
DAGGER FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023
7. | Related party transactions
|  | 2023 | 2022
|  | £ | £
| Amounts owed to connected companies | 37,452 | 5,150
| Amounts owed from connected companies | 3,290 | 3,988
| Amounts owed to/from connected companies are interest free and repayable on demand.
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