Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31false32022-02-01No description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12964367 2022-02-01 2023-01-31 12964367 2021-07-08 2022-01-31 12964367 2023-01-31 12964367 2022-01-31 12964367 c:Director3 2022-02-01 2023-01-31 12964367 d:CurrentFinancialInstruments 2023-01-31 12964367 d:CurrentFinancialInstruments 2022-01-31 12964367 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 12964367 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 12964367 d:ShareCapital 2023-01-31 12964367 d:ShareCapital 2022-01-31 12964367 d:RetainedEarningsAccumulatedLosses 2023-01-31 12964367 d:RetainedEarningsAccumulatedLosses 2022-01-31 12964367 c:FRS102 2022-02-01 2023-01-31 12964367 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 12964367 c:FullAccounts 2022-02-01 2023-01-31 12964367 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 12964367









BIZARRE GIRLS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

 
BIZARRE GIRLS LIMITED
REGISTERED NUMBER: 12964367

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
3,098,435
4,258,037

Debtors: amounts falling due within one year
 5 
56,296
50,096

Cash at bank and in hand
 6 
2,596
15,298

  
3,157,327
4,323,431

Creditors: amounts falling due within one year
 7 
(3,157,325)
(3,534,405)

Net current assets
  
 
 
2
 
 
789,026

Total assets less current liabilities
  
2
789,026

  

Net assets
  
2
789,026


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
-
789,024

  
2
789,026


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 income and retained earnings 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: 


G Paget
Director

Date: 18 January 2024

Page 1

 
BIZARRE GIRLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Bizarre Girls Limited is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is 40 Oakfield Road, Selly Park, Birmingham, B29 7EJ.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue comprises distribution revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due. 

 
2.3

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
The Company is eligible to claim a tax credit on film production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.4

Stocks

Stocks comprise film production costs, which are recorded as a current asset. Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company.

 
2.5

Debtors

Short term debtors are measured at the transaction price, 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.

 
2.7

Creditors

Short term creditors are measured at the transaction price, less any impairment.

Page 2

 
BIZARRE GIRLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Stocks

2023
2022
£
£

Production cost
3,098,435
4,258,037

3,098,435
4,258,037



5.


Debtors

2023
2022
£
£


Other debtors
5,120
5,526

Tax recoverable
51,176
44,570

56,296
50,096



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,596
15,298

2,596
15,298


Page 3

 
BIZARRE GIRLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
5,120
7,200

Other creditors
3,149,205
3,524,205

Accruals and deferred income
3,000
3,000

3,157,325
3,534,405


Creditors includes amounts secured by a fixed and floating charge over the assets of the company.


8.


Controlling party

Throughout the period/year the company was under the control of the directors G Paget and T Crochrane by virtue of their shareholding.

 
Page 4