Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-301false2021-11-01falseNo description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12276924 2021-11-01 2023-04-30 12276924 2020-11-01 2021-10-31 12276924 2023-04-30 12276924 2021-10-31 12276924 c:Director1 2021-11-01 2023-04-30 12276924 d:CurrentFinancialInstruments 2023-04-30 12276924 d:CurrentFinancialInstruments 2021-10-31 12276924 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12276924 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 12276924 d:ShareCapital 2023-04-30 12276924 d:ShareCapital 2021-10-31 12276924 c:FRS102 2021-11-01 2023-04-30 12276924 c:AuditExempt-NoAccountantsReport 2021-11-01 2023-04-30 12276924 c:FullAccounts 2021-11-01 2023-04-30 12276924 c:PrivateLimitedCompanyLtd 2021-11-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 12276924









JOJI FILMS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2023

 
JOJI FILMS LTD
REGISTERED NUMBER: 12276924

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

30 April
30 April
31 October
31 October
2023
2023
2021
2021
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
258,640
-

Cash at bank and in hand
  
90,376
1,214

  
349,016
1,214

Creditors: amounts falling due within one year
 5 
(349,015)
(1,213)

Net current assets
  
 
 
1
 
 
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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: 




G Chignell
Director

Date: 20 November 2023

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
JOJI FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

1.


General information

Joji Films Ltd is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is Witham Reach, Witham Road, Long Bennington, Newark, NG23 5DS.
The company has extended its accounting period to 30 April 2023 in line with the stage of completion of the film. The comparative figures cover the year ended 31 October 2021.

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 company's functional and presentational currency is GBP.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises production income received. Production income is recognised in the Statement of comprehensive income in the period it is contractually due and expended on production and other costs.
Where revenue received exceeds costs incurred to date and profits are not anticipated, the balance is treated as deferred income and held on the Statement of financial position until further costs are incurred or profits anticipated. At this point the deferred income is released to the Statement of comprehensive income.

  
2.3

Cost of sales

Production costs incurred in producing a film are recognised in the Statement of comprehensive income as cost of sales in the period in which they are incurred.

 
2.4

Taxation

Tax is recognised in the Statement of comprehensive income. 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.
The company is eligible to claim a tax credit on film production costs. The tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.5

Debtors

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

Page 2

 
JOJI FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2021 - 1).


4.


Debtors

30 April
31 October
2023
2021
£
£


Other debtors
43,684
-

Tax recoverable
214,956
-

258,640
-



5.


Creditors: Amounts falling due within one year

30 April
31 October
2023
2021
£
£

Trade creditors
67,991
-

Accruals and deferred income
281,024
1,213

349,015
1,213


 
Page 3