COMPANY REGISTRATION NUMBER:
03303477
Anorak Productions Limited |
|
Anorak Productions Limited |
|
Year ended 30 March 2023
The directors present their report and the unaudited accounts of the company for the year ended
30 March 2023
.
Directors
The directors who served the company during the year were as follows:
Dividends
The directors do not recommend the payment of a dividend for the year.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
16 November 2023
and signed on behalf of the board by:
Registered office: |
6 Disraeli Gardens |
Fawe Park Road |
London |
SW15 2QB |
|
Anorak Productions Limited |
|
Statement of Financial Position |
|
30 March 2023
Current assets
Cash at bank and in hand |
238 |
238 |
|
---- |
---- |
Net current assets |
238 |
238 |
|
---- |
---- |
Total assets less current liabilities |
238 |
238 |
|
---- |
---- |
|
|
|
Capital and reserves
Called up share capital |
100 |
100 |
Profit and loss account |
138 |
138 |
|
---- |
---- |
Shareholder funds |
238 |
238 |
|
---- |
---- |
|
|
|
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 30 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
;
-
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 were approved by the
board of directors
and authorised for issue on
16 November 2023
, and are signed on behalf of the board by:
Company registration number:
03303477
Anorak Productions Limited |
|
Year ended 30 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Disraeli Gardens, Fawe Park Road, London, SW15 2QB.
2.
Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Equipment |
- |
33% reducing balance |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Employee disclosures
During the year ended 30 March 2023, the company had no employees under contracts of employment (2022: nil).
5.
Tangible assets
|
Equipment |
|
£ |
Cost |
|
At 31 March 2022 and 30 March 2023 |
4,487 |
|
------- |
Depreciation |
|
At 31 March 2022 and 30 March 2023 |
4,487 |
|
------- |
Carrying amount |
|
At 30 March 2023 |
– |
|
------- |
At 30 March 2022 |
– |
|
------- |
|
|
6.
Controlling party
The controlling party is Mrs
S Murphy
.