Bright AccountsProduction v1.0.0 v1.0.0 2022-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of Nostrala Productions Limited is that of the production of animated films on behalf of studios and producers in the UK and the rest of the world.  The Company supports all aspects of production, from engaging writers of original works to film financing and story development, right through to animation services, supporting software applications, web content, delivery and final distribution. 23 November 2023 1 1 09811923 2023-10-31 09811923 2022-10-31 09811923 2021-10-31 09811923 2022-11-01 2023-10-31 09811923 2021-11-01 2022-10-31 09811923 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09811923 uk-curr:PoundSterling 2022-11-01 2023-10-31 09811923 uk-bus:AbridgedAccounts 2022-11-01 2023-10-31 09811923 uk-core:ShareCapital 2023-10-31 09811923 uk-core:ShareCapital 2022-10-31 09811923 uk-core:SharePremium 2023-10-31 09811923 uk-core:SharePremium 2022-10-31 09811923 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 09811923 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 09811923 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 09811923 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-10-31 09811923 uk-core:RestatedAmount uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 09811923 uk-core:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 09811923 uk-bus:FRS102 2022-11-01 2023-10-31 09811923 2022-11-01 2023-10-31 09811923 uk-bus:Director1 2022-11-01 2023-10-31 09811923 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Nostrala Productions Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2023



Nostrala Productions Limited
DIRECTOR'S REPORT
for the financial year ended 31 October 2023

 
The director presents their report and the unaudited financial statements for the financial year ended 31 October 2023.
 
Principal Activity
The principal activity of Nostrala Productions Limited is that of the production of animated films on behalf of studios and producers in the UK and the rest of the world.  The Company supports all aspects of production, from engaging writers of original works to film financing and story development, right through to animation services, supporting software applications, web content, delivery and final distribution.
     
Results and Dividends
The loss for the financial year amounted to £(686,885) (2022 - £(175,242)).
     
Director
The director who served during the financial year is as follows:
     
Adam Nagle
   
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Indemnity Insurance
In accordance with our articles of association and to the extent permitted by the laws of England and Wales, directors are granted an indemnity from the Company in respect of liabilities incurred as a result of their office. In addition, we maintained a directors' and officers' liability insurance policy throughout the year. Neither our indemnity nor the insurance provides cover in the event that a director is proven to have acted dishonestly or fraudulently.
     
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements
     
The director made the following statement in respect of the unaudited financial statements:
     
"General responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Director's declaration on unaudited financial statements
In relation to the financial statements comprising the Abridged Income Statement, the Abridged Statement of Financial Position, the Statement of Changes in Equity and the related notes:
     
The director approves these financial statements and confirms that they is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.
     
The director confirms that they has made available to Hugh McCarthy & Associates, (Chartered Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.
     
The director confirms that to the best of their knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 October 2023."
     
Future Developments
The company plans to continue its present activities and current trading levels. Employees are kept as fully informed as practicable about developments within the business.
     
Post Statement of Financial Position Events
There have been no other significant events affecting the company since the financial year-end.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Adam Nagle
Director
     
23 November 2023



Nostrala Productions Limited
ABRIDGED INCOME STATEMENT
for the financial year ended 31 October 2023
2023 2022
Notes £ £

Gross (loss)/profit (408,428) 240,000
 
Administrative expenses (278,457) (415,242)
───────── ─────────
Loss before taxation (686,885) (175,242)
 
Tax on loss - -
───────── ─────────
Loss for the financial year (686,885) (175,242)
───────── ─────────
Total comprehensive income (686,885) (175,242)
    ═════════   ═════════



Nostrala Productions Limited
Company Registration Number: 09811923
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 October 2023

2023 2022
Notes £ £
 
Current Assets
Inventories 2,528,873 3,207,301
Cash and cash equivalents 13,120 21,330
───────── ─────────
2,541,993 3,228,631
───────── ─────────
Payables: amounts falling due within one year (16,627) (16,380)
───────── ─────────
Net Current Assets 2,525,366 3,212,251
───────── ─────────
Total Assets less Current Liabilities 2,525,366 3,212,251
═════════ ═════════
 
Equity
Called up share capital 3,239,287 3,239,287
Share premium account 4 695,751 695,751
Retained earnings (1,409,672) (722,787)
───────── ─────────
Equity attributable to owners of the company 2,525,366 3,212,251
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 23 November 2023
           
           
________________________________          
Adam Nagle          
Director          
           



Nostrala Productions Limited
STATEMENT OF CHANGES IN EQUITY
as at 31 October 2023

Called up Share Retained Total
share premium earnings
capital account
£ £ £ £
 
At 1 November 2021 3,239,254 695,751 (547,545) 3,387,460
───────── ───────── ───────── ─────────
Loss for the financial year - - (175,242) (175,242)
───────── ───────── ───────── ─────────
Net proceeds of equity
ordinary share issue 33 - - 33
  ───────── ───────── ───────── ─────────
At 31 October 2022 3,239,287 695,751 (722,787) 3,212,251
  ───────── ───────── ───────── ─────────
Loss for the financial year - - (686,885) (686,885)
  ───────── ───────── ───────── ─────────
At 31 October 2023 3,239,287 695,751 (1,409,672) 2,525,366
  ═════════ ═════════ ═════════ ═════════



Nostrala Productions Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2023

   
1. General Information
 
Nostrala Productions Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 09811923. The registered office of the company is 10 Little Portland Street,, London, England which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods and services  supplied by the company, exclusive of trade discounts and value added tax.
 
Inventories
Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Payables.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2022 - 1).
 
  2023 2022
  Number Number
 
Administration 1 1
  ═════════ ═════════
   
4. Reserves
 
Share Premium Reserve
 
The amount carried forward is the premium that arose from the issue of shares in 2017 and 2018.
 
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2023.
   
6. Controlling interest
 
The company is owned and controlled by its shareholders with Mr. Peter Nagle excercising significant control over the company.
   
7. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.