Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28true2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-03-012trueFilm industry 10605624 2022-03-01 2023-02-28 10605624 2021-03-01 2022-02-28 10605624 2023-02-28 10605624 2022-02-28 10605624 c:Director1 2022-03-01 2023-02-28 10605624 d:PlantMachinery 2022-03-01 2023-02-28 10605624 d:PlantMachinery 2023-02-28 10605624 d:PlantMachinery 2022-02-28 10605624 d:CurrentFinancialInstruments 2023-02-28 10605624 d:CurrentFinancialInstruments 2022-02-28 10605624 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 10605624 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 10605624 d:ShareCapital 2023-02-28 10605624 d:ShareCapital 2022-02-28 10605624 d:RetainedEarningsAccumulatedLosses 2023-02-28 10605624 d:RetainedEarningsAccumulatedLosses 2022-02-28 10605624 c:OrdinaryShareClass1 2022-03-01 2023-02-28 10605624 c:OrdinaryShareClass1 2023-02-28 10605624 c:FRS102 2022-03-01 2023-02-28 10605624 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 10605624 c:FullAccounts 2022-03-01 2023-02-28 10605624 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 10605624 2 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10605624














25412 PRODUCTIONS LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

 
25412 PRODUCTIONS LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
25412 PRODUCTIONS LTD
REGISTERED NUMBER:10605624

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
3,400
-

Cash at bank and in hand
  
79,296
83,856

  
82,696
83,856

Creditors: amounts falling due within one year
 6 
(8,272)
(14,220)

Net current assets
  
 
 
74,424
 
 
69,636

Total assets less current liabilities
  
74,424
69,636

  

Net assets
  
74,424
69,636


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
74,324
69,536

  
74,424
69,636


Page 1

 
25412 PRODUCTIONS LTD
REGISTERED NUMBER:10605624
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 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 by: 


A H Evans
Director

Date: 16 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
25412 PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

The company's legal form is that of a limited liability company incorporated in England and Wales. 
The Company's registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The principal activity of the company continued to be that of rental of equipment to the film industry.

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 is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from the rent of equipment is recognised when all contractual obligations have been met.

 
2.3

Interest income

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

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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 reporting date in the countries where the Company operates and generates income.

Page 3

 
25412 PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20% Straight Line Method

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.

 
2.7

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.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
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).

Page 4

 
25412 PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 March 2022
66,466



At 28 February 2023

66,466



Depreciation


At 1 March 2022
66,466



At 28 February 2023

66,466



Net book value



At 28 February 2023
-



At 28 February 2022
-


5.


Debtors

2023
2022
£
£


Trade debtors
3,400
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
1,002
6,690

Other creditors
4,840
5,340

Accruals and deferred income
2,430
2,190

8,272
14,220


Page 5

 
25412 PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £10,000 (2022 - Nil).

Page 6