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REGISTERED NUMBER: 05987257 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

OPEN BOX PRODUCTIONS LIMITED

OPEN BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 05987257)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OPEN BOX PRODUCTIONS LIMITED

COMPANY INFORMATION
for the year ended 30 November 2022







DIRECTOR: Mr M Obiora





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 05987257 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

OPEN BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 05987257)

ABRIDGED BALANCE SHEET
30 November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,800 10,560

CURRENT ASSETS
Debtors 1,169 1,169
Cash at bank 14,041 482
15,210 1,651
CREDITORS
Amounts falling due within one year 23,337 24,738
NET CURRENT LIABILITIES (8,127 ) (23,087 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

673

(12,527

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 671 (12,529 )
673 (12,527 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

OPEN BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 05987257)

ABRIDGED BALANCE SHEET - continued
30 November 2022


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 22 December 2023 and were signed by:





Mr M Obiora - Director


OPEN BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 05987257)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2022

1. STATUTORY INFORMATION

Open Box 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

OPEN BOX PRODUCTIONS LIMITED (REGISTERED NUMBER: 05987257)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2022

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2021
and 30 November 2022 35,200
AMORTISATION
At 1 December 2021 24,640
Amortisation for year 1,760
At 30 November 2022 26,400
NET BOOK VALUE

At 30 November 2022 8,800
At 30 November 2021 10,560

5. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £13,058 (2021: £19,564) to Mr M Obiora, the director.