Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31true12022-06-09falseFilm Production ServicesfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14160735 2022-06-08 14160735 2022-06-09 2023-08-31 14160735 2021-06-09 2022-06-08 14160735 2023-08-31 14160735 c:Director1 2022-06-09 2023-08-31 14160735 d:CurrentFinancialInstruments 2023-08-31 14160735 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14160735 d:ShareCapital 2023-08-31 14160735 d:RetainedEarningsAccumulatedLosses 2023-08-31 14160735 c:FRS102 2022-06-09 2023-08-31 14160735 c:AuditExempt-NoAccountantsReport 2022-06-09 2023-08-31 14160735 c:FullAccounts 2022-06-09 2023-08-31 14160735 c:PrivateLimitedCompanyLtd 2022-06-09 2023-08-31 14160735 e:PoundSterling 2022-06-09 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 14160735









THUGGEE FILMS LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2023

 
THUGGEE FILMS LTD
REGISTERED NUMBER: 14160735

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
29,949

Cash at bank and in hand
 5 
2,260

  
32,209

Creditors: amounts falling due within one year
 6 
(14,131)

Net current assets
  
 
 
18,078

Total assets less current liabilities
  
18,078

  

Net assets
  
18,078


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
18,077

  
18,078


Page 1

 
THUGGEE FILMS LTD
REGISTERED NUMBER: 14160735
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

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 his 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 on 22 December 2023.




Mr J M Thakrar
Director

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

Page 2

 
THUGGEE FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.


General information

Thuggee Films Ltd is a private company limited by shares, incorporated in England, United Kingdom. The address
of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The
company's principal activity was that of motion picture production services. The company was incorporated on 9 June 2022 and began trading on this 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 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 is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
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

 
THUGGEE FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2023
£


Other debtors
29,949



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
2,260


Page 4

 
THUGGEE FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

6.


Creditors: Amounts falling due within one year

2023
£

Other creditors
10,000

Accruals and deferred income
4,131

14,131



7.


Related party transactions



2023
£

Amounts owed by connecting companies
500
Amounts owed to connecting companies
10,000

 
Page 5