Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-03-02No description of principal activityfalse20falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13949598 2022-03-01 13949598 2022-03-02 2023-03-31 13949598 2021-03-02 2022-03-01 13949598 2023-03-31 13949598 c:Director2 2022-03-02 2023-03-31 13949598 d:CurrentFinancialInstruments 2023-03-31 13949598 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13949598 d:ShareCapital 2023-03-31 13949598 c:FRS102 2022-03-02 2023-03-31 13949598 c:AuditExempt-NoAccountantsReport 2022-03-02 2023-03-31 13949598 c:FullAccounts 2022-03-02 2023-03-31 13949598 c:PrivateLimitedCompanyLtd 2022-03-02 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 13949598









DHP FILMS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
DHP FILMS LTD
REGISTERED NUMBER: 13949598

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
219,863

Cash at bank and in hand
  
1,131,466

  
1,351,329

Creditors: amounts falling due within one year
 5 
(1,351,229)

Net current assets
  
 
 
100

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
  
100

  
100


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 period 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: 




S L Chinn
Director

Date: 21 February 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
DHP FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

DHP Films Ltd is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS and the address of its principal place of business is Ground Floor, 10 Amwell Street, London, EC1R 1UQ.

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

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.

 
2.3

Revenue

Turnover represents income due to the company in respect of TV programme production and sales made during the period. This is recognised when the company has satisfied the relevant conditions in their agreements with respect to delivery of the underlying materials.
Production funding is recognised in the Statement of comprehensive income over the period of the production. Where production funds received exceed costs incurred to date, the balance is treated as deferred income and held on the balance sheet until further costs are incurred. At this point the deferred income is released to the Statement of comprehensive income as turnover.

  
2.4

Cost of sales

Television programme production costs incurred in producing a programme are recognised in the Statement of comprehensive income as cost of sales in the period in which they are incurred.

 
2.5

Taxation

The tax credit represents the sum of the tax currently recoverable.

The company is eligible to claim a tax credit on Television programme 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.

Page 2

 
DHP FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

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 plus amounts owed to related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023
£


Other debtors
24,529

Tax recoverable
195,334

219,863



5.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
17,497

Amounts owed to group undertakings
39,303

Accruals and deferred income
1,294,429

1,351,229


Page 3

 
DHP FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Related party transactions

The company is exempt from disclosing related party transactions with companies that are wholly owned within the group.

 
Page 4