Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-302023-03-3012022-03-31falseThe principle activity of the company was that of camera operators.1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08938304 2022-03-31 2023-03-30 08938304 2021-03-31 2022-03-30 08938304 2023-03-30 08938304 2022-03-30 08938304 c:Director1 2022-03-31 2023-03-30 08938304 d:PlantMachinery 2022-03-31 2023-03-30 08938304 d:PlantMachinery 2023-03-30 08938304 d:PlantMachinery 2022-03-30 08938304 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-03-31 2023-03-30 08938304 d:CurrentFinancialInstruments 2023-03-30 08938304 d:CurrentFinancialInstruments 2022-03-30 08938304 d:Non-currentFinancialInstruments 2023-03-30 08938304 d:Non-currentFinancialInstruments 2022-03-30 08938304 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-30 08938304 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-30 08938304 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-30 08938304 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-30 08938304 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-30 08938304 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-30 08938304 d:ShareCapital 2023-03-30 08938304 d:ShareCapital 2022-03-30 08938304 d:RetainedEarningsAccumulatedLosses 2023-03-30 08938304 d:RetainedEarningsAccumulatedLosses 2022-03-30 08938304 c:OrdinaryShareClass1 2022-03-31 2023-03-30 08938304 c:OrdinaryShareClass1 2023-03-30 08938304 c:OrdinaryShareClass1 2022-03-30 08938304 c:FRS102 2022-03-31 2023-03-30 08938304 c:AuditExempt-NoAccountantsReport 2022-03-31 2023-03-30 08938304 c:FullAccounts 2022-03-31 2023-03-30 08938304 c:PrivateLimitedCompanyLtd 2022-03-31 2023-03-30 08938304 2 2022-03-31 2023-03-30 08938304 d:AcceleratedTaxDepreciationDeferredTax 2023-03-30 08938304 d:AcceleratedTaxDepreciationDeferredTax 2022-03-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08938304














SPOOKY FILMS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

 
SPOOKY FILMS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
SPOOKY FILMS LIMITED
REGISTERED NUMBER:08938304

STATEMENT OF FINANCIAL POSITION
AS AT 30 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
31,912
29,849

Current assets
  

Debtors: amounts falling due within one year
 5 
3,267
11,579

Cash at bank and in hand
  
66,841
85,094

  
70,108
96,673

Creditors: amounts falling due within one year
 6 
(27,350)
(39,177)

Net current assets
  
 
 
42,758
 
 
57,496

Total assets less current liabilities
  
74,670
87,345

Creditors: amounts falling due after more than one year
 7 
(16,069)
(22,440)

  
58,601
64,905

Provisions for liabilities
  

Deferred tax
 9 
(6,063)
(5,671)

Net assets
  
52,538
59,234


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
52,438
59,134

  
52,538
59,234


Page 1

 
SPOOKY FILMS LIMITED
REGISTERED NUMBER:08938304
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 MARCH 2023

The Director considers 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 Director acknowledges his 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 by: 




D R Churchyard
Director

Date: 24 October 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

1.


General information

Spooky Films Limited is a limited liability company registered in England and Wales with its registered office at 38b Windsor Road, London, E10 5LR.

The principle activity of the company was that of camera operators.

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

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

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

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

2.Accounting policies (continued)

 
2.7

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.11

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

2.Accounting policies (continued)

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting 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 reporting 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 reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 31 March 2022
99,987


Additions
12,015



At 30 March 2023

112,002



Depreciation


At 31 March 2022
70,138


Charge for the year on owned assets
9,952



At 30 March 2023

80,090



Net book value



At 30 March 2023
31,912



At 30 March 2022
29,849


5.


Debtors

2023
2022
£
£


Trade debtors
1,247
9,934

Prepayments and accrued income
2,020
1,645

3,267
11,579



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
6,371
6,214

Taxation and social security
17,871
29,834

Other creditors
1,008
929

Accruals and deferred income
2,100
2,200

27,350
39,177


Page 6

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
16,069
22,440



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
6,371
6,214


Amounts falling due 2-5 years

Bank loans
16,069
22,440


22,440
28,654


Page 7

 
SPOOKY FILMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

9.


Deferred taxation




2023


£






At beginning of year
(5,671)


Charged to profit or loss
(392)



At end of year
(6,063)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(6,063)
(5,671)


10.


Share capital

2023
2022
£
£
Authorised, allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 8