Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activitytrue10true2022-07-25false 14255610 2022-07-24 14255610 2022-07-25 2023-12-31 14255610 2021-07-25 2022-07-24 14255610 2023-12-31 14255610 c:Director1 2022-07-25 2023-12-31 14255610 d:CurrentFinancialInstruments 2023-12-31 14255610 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14255610 d:ShareCapital 2023-12-31 14255610 d:RetainedEarningsAccumulatedLosses 2023-12-31 14255610 c:OrdinaryShareClass1 2022-07-25 2023-12-31 14255610 c:OrdinaryShareClass1 2023-12-31 14255610 c:FRS102 2022-07-25 2023-12-31 14255610 c:AuditExempt-NoAccountantsReport 2022-07-25 2023-12-31 14255610 c:FullAccounts 2022-07-25 2023-12-31 14255610 c:PrivateLimitedCompanyLtd 2022-07-25 2023-12-31 14255610 2 2022-07-25 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14255610









BADJELLY PRODUCTIONS UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
BADJELLY PRODUCTIONS UK LIMITED
REGISTERED NUMBER: 14255610

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

  

Current assets
  

Stocks
 4 
288,417

Debtors: amounts falling due within one year
 5 
64,466

Cash at bank and in hand
 6 
29,246

  
382,129

Creditors: amounts falling due within one year
 7 
(330,361)

Net current assets
  
 
 
51,768

Total assets less current liabilities
  
51,768

  

Net assets
  
51,768


Capital and reserves
  

Called up share capital 
 8 
1

Profit and loss account
  
51,767

  
51,768


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 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 on 11 March 2024.



A Baker
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
BADJELLY PRODUCTIONS UK LIMITED
REGISTERED NUMBER: 14255610
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023


Page 2

 
BADJELLY PRODUCTIONS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Badjelly Productions UK Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is Hunningtons, 11 The Goffs, Eastbourne, England, BN21 1HA.
The company was Incorporated on 25 July 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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

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 television 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.

 
2.5

Stocks

Stocks comprise television programme production costs, which are recorded as a current asset.  Television programme 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.

 
2.6

Debtors

Short term debtors are measured at the 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.

Page 3

 
BADJELLY PRODUCTIONS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Creditors

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

 
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, loans from banks and other third parties and loans to related parties.


3.


Employees

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


4.


Stocks

2023
£

Animation television programme production cost
288,417

288,417



5.


Debtors

2023
£


Other debtors
10,107

Tax recoverable
54,359

64,466



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
29,246

29,246


Page 4

 
BADJELLY PRODUCTIONS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
£

Other creditors
168,361

Accruals and deferred income
162,000

330,361



8.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation the company issued 1 ordinary shares of £1 each at par for a cash consideration.


9.


Related party transactions

During the period, recharges totaling £107,010 were payable to Cantilever Group Limited, a company in which A Baker is also a director. 
Also during the period, advance totalling £131,228 was received from Cantilever Group Limited. All transactions were carried out at arms length. At the reporting date £131,228, was due to Cantilever Group Limited. The loan is repayable on demand and not interest bearing.


10.


Controlling party

Throughout the period, the company was under the control of the director by virtue of their shareholding.

 
Page 5