Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalse22false2023-01-01Film production companyThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11500254 2023-01-01 2023-12-31 11500254 2022-01-01 2022-12-31 11500254 2023-12-31 11500254 2022-12-31 11500254 c:Director1 2023-01-01 2023-12-31 11500254 d:CurrentFinancialInstruments 2023-12-31 11500254 d:CurrentFinancialInstruments 2022-12-31 11500254 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11500254 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11500254 d:ShareCapital 2023-12-31 11500254 d:ShareCapital 2022-12-31 11500254 d:RetainedEarningsAccumulatedLosses 2023-12-31 11500254 d:RetainedEarningsAccumulatedLosses 2022-12-31 11500254 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11500254 c:OrdinaryShareClass1 2023-12-31 11500254 c:OrdinaryShareClass1 2022-12-31 11500254 c:FRS102 2023-01-01 2023-12-31 11500254 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11500254 c:FullAccounts 2023-01-01 2023-12-31 11500254 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11500254









SETTLERS FILM COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
SETTLERS FILM COMPANY LIMITED
REGISTERED NUMBER: 11500254

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,132
190

  
1,132
190

Creditors: amounts falling due within one year
 5 
(4,298)
(25,407)

Net current liabilities
  
 
 
(3,166)
 
 
(25,217)

Total assets less current liabilities
  
(3,166)
(25,217)

  

Net liabilities
  
(3,166)
(25,217)


Capital and reserves
  

Called up share capital 
 6 
2
2

Profit and loss account
  
(3,168)
(25,219)

  
(3,166)
(25,217)


Page 1

 
SETTLERS FILM COMPANY LIMITED
REGISTERED NUMBER: 11500254
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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: 




J Fabrizio
Director

Date: 11 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SETTLERS FILM COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Settlers Film Company Limited is a private company limited by shares, registered in England and Wales. The registered office address in 101 New Cavendish Street, 1st Floor South, London, W1W 6XH, United Kingdom.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

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.

Page 3

 
SETTLERS FILM COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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 average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
SETTLERS FILM COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
-
190

Corporation tax recoverable
1,132
-

1,132
190



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
246
15

Amounts owed to group undertakings
2,301
-

Other taxation and social security
-
2,068

Other creditors
251
-

Accruals and deferred income
1,500
23,324

4,298
25,407



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2



7.


Controlling party

The company was under the joint control of J Fabrizio and W Rockefeller throughout the current and previous period.

 
Page 5