Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-302023-03-16true0falsefalseMotion picture production activities0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14733492 2023-03-15 14733492 2023-03-16 2023-09-30 14733492 2021-10-01 2023-03-15 14733492 2023-09-30 14733492 c:Director1 2023-03-16 2023-09-30 14733492 d:CurrentFinancialInstruments 2023-09-30 14733492 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14733492 d:ShareCapital 2023-09-30 14733492 d:RetainedEarningsAccumulatedLosses 2023-09-30 14733492 c:OrdinaryShareClass1 2023-03-16 2023-09-30 14733492 c:OrdinaryShareClass1 2023-09-30 14733492 c:FRS102 2023-03-16 2023-09-30 14733492 c:AuditExempt-NoAccountantsReport 2023-03-16 2023-09-30 14733492 c:FullAccounts 2023-03-16 2023-09-30 14733492 c:PrivateLimitedCompanyLtd 2023-03-16 2023-09-30 14733492 e:PoundSterling 2023-03-16 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14733492










ULAJH PRODUCTIONS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
ULAJH PRODUCTIONS LTD
REGISTERED NUMBER: 14733492

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
£

  

Current assets
  

Stocks
  
2,749,141

Debtors: amounts falling due within one year
  
141,859

Cash at bank and in hand
  
32,932

  
2,923,932

Creditors: amounts falling due within one year
  
(2,936,862)

Net current (liabilities)/assets
  
 
 
(12,930)

Total assets less current liabilities
  
(12,930)

  

Net (liabilities)/assets
  
(12,930)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(13,030)

  
(12,930)


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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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: 


................................................
N T Mughal
Director

Date: 31 January 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
ULAJH PRODUCTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

The company Ulajh Productions Ltd was incorporated in England and Wales on 16 March 2023 and started trading on the same date.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

  
2.3

Revenue Recognition

Revenue is derived from a contract with the commissioning distributor and its recognised upon final delivery of the commissioned film. Final delivery is the point at which the film is available for theatrical release.
Film tax credits due are recognised within other operating income. These are received as credit against eligible expenditure incurred on the production of the film.

Page 2

 
ULAJH PRODUCTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

  
2.4

Stock and Work in progress

Production costs incurred during the period are recognised as work in progress on the balance sheet until the film is delivered to the commissioning distributor.
Upon delivery of the film, it is acquired by the commissioning distributor and the production costs are then charged to the profit and loss account as cost of sales.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration.


4.


Stock and work in progress

2023
£

Production costs
2,749,141

2,749,141



5.


Debtors

2023
£


Other debtors
140,859

Prepayments and accrued income
1,000

141,859

Page 3

 
ULAJH PRODUCTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

5.Debtors (continued)


Page 4

 
ULAJH PRODUCTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
32,932

32,932



7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
16,226

Other creditors
2,913,571

Accruals and deferred income
7,065

2,936,862



8.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1 each
100


During the period 100 ordinary shares of £1 each were issued for cash at par.


9.


Controlling party

Ms N T Mughal is the ultimate controlling party owing to her majority shareholding.


Page 5