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REGISTERED NUMBER: 03127570 (England and Wales)














Unaudited Financial Statements

for the Period 1 January 2022 to 31 March 2023

for

BELINDA KING CREATIVE PRODUCTIONS
LIMITED

BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)






Contents of the Financial Statements
for the period 1 JANUARY 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELINDA KING CREATIVE PRODUCTIONS
LIMITED

Company Information
for the period 1 JANUARY 2022 TO 31 MARCH 2023







DIRECTOR: B King





REGISTERED OFFICE: 157 Clarence Avenue
Northampton
Northamptonshire
NN2 6NY





REGISTERED NUMBER: 03127570 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG

BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)

Balance Sheet
31 MARCH 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 16,125

CURRENT ASSETS
Stocks 5 - 18,200
Debtors 6 1,324,582 813,054
Cash at bank and in hand 984,172 802,665
2,308,754 1,633,919
CREDITORS
Amounts falling due within one year 7 549,733 987,567
NET CURRENT ASSETS 1,759,021 646,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,759,021

662,477

PROVISIONS FOR LIABILITIES - 1,336
NET ASSETS 1,759,021 661,141

CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Retained earnings 1,709,021 611,141
SHAREHOLDERS' FUNDS 1,759,021 661,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)

Balance Sheet - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





B King - Director


BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)

Notes to the Financial Statements
for the period 1 JANUARY 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Belinda King Creative Productions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 5 years
Fixtures and fittings - Straight line over 5 years
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)

Notes to the Financial Statements - continued
for the period 1 JANUARY 2022 TO 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES

The average number of employees during the period was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2022 48,559 53,815 50,333 152,707
Additions 2,183 1,180 3,092 6,455
Disposals (50,742 ) (54,995 ) (53,425 ) (159,162 )
At 31 March 2023 - - - -
DEPRECIATION
At 1 January 2022 36,185 52,744 47,653 136,582
Charge for period 9,251 1,131 1,900 12,282
Eliminated on disposal (45,436 ) (53,875 ) (49,553 ) (148,864 )
At 31 March 2023 - - - -
NET BOOK VALUE
At 31 March 2023 - - - -
At 31 December 2021 12,374 1,071 2,680 16,125

5. STOCKS
2023 2021
£    £   
Stocks - 18,200

BELINDA KING CREATIVE PRODUCTIONS
LIMITED (REGISTERED NUMBER: 03127570)

Notes to the Financial Statements - continued
for the period 1 JANUARY 2022 TO 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade debtors 106,238 237,524
Amounts owed by group undertakings 859,974 73,617
Other debtors 358,370 501,913
1,324,582 813,054

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade creditors 55,689 10,436
Amounts owed to group undertakings 210,383 137,186
Taxation and social security 241,676 35,826
Other creditors 41,985 804,119
549,733 987,567

8. FINANCIAL INSTRUMENTS

Financial instruments are classified and accounted for according to the substance of the contractual arrangement as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2021
value: £    £   
50,000 Ordinary 1 50,000 50,000

10. ULTIMATE CONTROLLING PARTY

The controlling party is King Entertainment Group Limited.

The ultimate controlling party is B King.