SC312406false2022-01-012022-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director12022-01-012022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:SharePremium2021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director22022-01-012022-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2021-12-31http://www.companieshouse.gov.uk/pt:SharePremium2022-12-31http://www.companieshouse.gov.uk/cd:Director32022-01-012022-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-12-31http://www.companieshouse.gov.uk/cd:Director42022-01-012022-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-01-012022-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-01-012022-12-31http://www.companieshouse.gov.uk/cd:Director52022-01-012022-12-31http://www.companieshouse.gov.uk/cd:Director62022-01-012022-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-01-012022-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/2022-01-012022-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FRS1022022-01-012022-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-01-012022-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-01-012022-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC312406

Fifty Nine Productions Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022

Prepared By:
Breckman & Company
Chartered Certified Accountants
49 South Molton Street
London
W1K 5LH

Fifty Nine Productions Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
DIRECTORS
M Grimmer
L Warner
L Ashton
R Slaney
A Jameson - resigned 11 July 2022
J Mellville
REGISTERED OFFICE
Hudson House
8 Albany Street
Edinburgh
Midlothian
EH1 3QB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number SC312406
ACCOUNTANTS
Breckman & Company
Chartered Certified Accountants
49 South Molton Street
London
W1K 5LH

Fifty Nine Productions Limited

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Fifty Nine Productions Limited

BALANCE SHEET AT 31 December 2022
20222021
Notes££
FIXED ASSETS
Tangible assets368,69578,080
Investment Assets41,0501,000
69,74579,080
CURRENT ASSETS
Stock219,509119,560
Debtors6940,4951,549,876
Cash at bank and in hand1,148,2792,833,907
2,308,2834,503,343
CREDITORS: Amounts falling due within one year7914,5643,578,570
NET CURRENT ASSETS1,393,719924,773
TOTAL ASSETS LESS CURRENT LIABILITIES1,463,4641,003,853
CREDITORS: Amounts falling due after more than one year8595,000766,345
NET ASSETS868,464237,508
CAPITAL AND RESERVES
Called up share capital92,5002,500
Share premium account105,6455,645
Profit and loss account860,319229,363
SHAREHOLDERS' FUNDS868,464237,508

Fifty Nine Productions Limited

BALANCE SHEET AT 31 December 2022
For the year ending 31 December 2022 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 9 October 2023 and signed on their behalf by
.............................
L Ashton
Director
.............................
L Warner
Director

Fifty Nine Productions Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 33%
Fixtures and Fittingsstraight line 25%
1c. Stocks
The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and conditon.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20222021
No.No.
Average number of employees3431

Fifty Nine Productions Limited

3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 1 January 2022605,73051,952657,682
Additions52,6992,78855,487
At 31 December 2022658,42954,740713,169
Depreciation
At 1 January 2022532,08447,518579,602
For the year61,5283,34464,872
At 31 December 2022593,61250,862644,474
Net Book Amounts
At 31 December 202264,8173,87868,695
At 31 December 202173,6464,43478,080
4. FINANCIAL ASSETS
Shares in group companies Other
and participating interestsInvestmentsTotal
£££
Cost
At 1 January 20221,000-1,000
Additions-5050
At 31 December 20221,000501,050
Amortisation
Net Book Amounts
At 31 December 20221,000501,050
At 31 December 20211,000-1,000
The company owns 100% of the share capital of 59 Productions City Of Glass Limited, which is registered in EW - England & Wales, registered number 9544748.
The total share capital at the balance sheet date was £1,000. The principal activity of 59 Productions City Of Glass Limited is film production.
The company owns 16.67% of the share capital of Lightroom KX Limited, which is registered in EW - England & Wales, registered number 14055902. The total share capital at the balance sheet date was £50.
5. STOCK 20222021
££
Stock comprises:
Work in progress219,509119,560
219,509119,560

Fifty Nine Productions Limited

6. DEBTORS 20222021
££
Amounts falling due within one year
Trade debtors482,0091,482,581
Other debtors106,60555,900
Prepayments51,88111,395
Accrued income300,000-
940,4951,549,876
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
VAT13,888206,614
PAYE control50,26980,981
Trade creditors473,1611,652,281
Other creditors27,67017,133
Accruals10,00010,000
Deferred income331,5761,611,561
Amounts due to group companies8,000-
914,5643,578,570
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20222021
££
Loans >1yr595,000766,345
595,000766,345
9. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
2500000 Ordinary shares of £0.001 each25002500
2,5002,500

Fifty Nine Productions Limited

10. SHARE PREMIUM ACCOUNT 20222021
££
Share premium account5,6455,645
11. OTHER FINANCIAL COMMITMENTS
At 31 December 2022 the company was committed to making the following payments under non-cancellable operating leases:
20222021
££
Operating Leases which expire:
Within one year70,50047,000
Within two to five years235,000305,500