Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-302023-03-30No description of principal activity22022-03-31false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09451227 2022-03-31 2023-03-30 09451227 2021-03-31 2022-03-30 09451227 2023-03-30 09451227 2022-03-30 09451227 c:Director2 2022-03-31 2023-03-30 09451227 d:MotorVehicles 2022-03-31 2023-03-30 09451227 d:MotorVehicles 2023-03-30 09451227 d:MotorVehicles 2022-03-30 09451227 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-03-31 2023-03-30 09451227 d:OfficeEquipment 2022-03-31 2023-03-30 09451227 d:OfficeEquipment 2023-03-30 09451227 d:OfficeEquipment 2022-03-30 09451227 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-31 2023-03-30 09451227 d:OwnedOrFreeholdAssets 2022-03-31 2023-03-30 09451227 d:CurrentFinancialInstruments 2023-03-30 09451227 d:CurrentFinancialInstruments 2022-03-30 09451227 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-30 09451227 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-30 09451227 d:ShareCapital 2023-03-30 09451227 d:ShareCapital 2022-03-30 09451227 d:RetainedEarningsAccumulatedLosses 2023-03-30 09451227 d:RetainedEarningsAccumulatedLosses 2022-03-30 09451227 c:FRS102 2022-03-31 2023-03-30 09451227 c:AuditExempt-NoAccountantsReport 2022-03-31 2023-03-30 09451227 c:FullAccounts 2022-03-31 2023-03-30 09451227 c:PrivateLimitedCompanyLtd 2022-03-31 2023-03-30 09451227 2 2022-03-31 2023-03-30 iso4217:GBP xbrli:pure
Registered number: 09451227














CRABTREE PRODUCTIONS LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

 
CRABTREE PRODUCTIONS LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
CRABTREE PRODUCTIONS LTD
REGISTERED NUMBER:09451227

STATEMENT OF FINANCIAL POSITION
AS AT 30 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
41,150
4,644

Current assets
  

Debtors: amounts falling due within one year
 5 
17,619
16,005

Current asset investments
 6 
684,466
665,210

Cash at bank and in hand
  
237,283
327,863

  
939,368
1,009,078

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(142,398)
(139,749)

Net current assets
  
 
 
796,970
 
 
869,329

Total assets less current liabilities
  
838,120
873,973

Provisions for liabilities
  

Deferred tax
  
(8,020)
(17,086)

  
 
 
(8,020)
 
 
(17,086)

Net assets
  
830,100
856,887


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
830,000
856,787

  
830,100
856,887


Page 1

 
CRABTREE PRODUCTIONS LTD
REGISTERED NUMBER:09451227
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 MARCH 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 25 October 2023.




A Morrison
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CRABTREE PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

1.


General information

Crabtree Productions Limited is a Limited Company incorporated and domiciled in England & Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company during the year was that of media consultancy.
The company's functional and presentational currency is £ sterling.

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 services supplied during the
period, exclusive of Value Added Tax and trade discounts.
Turnover is recognised when the service is provided.

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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:

Motor vehicles
-
20%
Office equipment
-
25%

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.

Page 3

 
CRABTREE PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

2.Accounting policies (continued)

 
2.4

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and
other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction
price less attributable transaction costs. Trade creditors, other creditors and loans from related
parties are recognised initially at transaction price plus attributable transaction costs. Subsequently
they are measured at amortised cost using the effective interest method, less any impairment losses
in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised
initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.

 
2.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates
of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the
transaction.
Exchange gains and losses are recognised in the Profit and Loss Account.

 
2.6

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.

 
2.7

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.

 
2.8

Interest income

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

Page 4

 
CRABTREE PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.10

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 2 (2022 -2).

Page 5

 
CRABTREE PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 31 March 2022
-
9,096
9,096


Additions
50,800
606
51,406



At 30 March 2023

50,800
9,702
60,502



Depreciation


At 31 March 2022
-
4,452
4,452


Charge for the year on owned assets
12,700
2,201
14,901



At 30 March 2023

12,700
6,653
19,353



Net book value



At 30 March 2023
38,100
3,049
41,149



At 30 March 2022
-
4,644
4,644


5.


Debtors

2023
2022
£
£


Trade debtors
3,840
7,160

Other debtors
10,310
1,917

Prepayments and accrued income
3,469
6,928

17,619
16,005



6.


Current asset investments

2023
2022
£
£

Listed investments
684,466
665,210


Page 6

 
CRABTREE PRODUCTIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
2,659
-

Other creditors
132,644
133,299

Accruals and deferred income
7,095
6,450

142,398
139,749


 
Page 7