Company registration number 02738979 (England and Wales)
PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED FOR THE YEAR ENDED 31 AUGUST 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Partisan Productions (Groundswell) Limited for the year ended 31 August 2023 set out on pages 2 to 4 from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Partisan Productions (Groundswell) Limited, as a body, in accordance with the terms of our engagement letter dated 9 May 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Partisan Productions (Groundswell) Limited and state those matters that we have agreed to state to the board of directors of Partisan Productions (Groundswell) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Partisan Productions (Groundswell) Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Partisan Productions (Groundswell) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Partisan Productions (Groundswell) Limited. You consider that Partisan Productions (Groundswell) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Partisan Productions (Groundswell) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dartnell Accounting Limited
10 March 2024
Chartered Accountants
16 Gorselands Close
West Byfleet
Surrey
KT14 6PU
PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
276
276
Current assets
Cash at bank and in hand
-
0
133
Creditors: amounts falling due within one year
5
(410)
(543)
Net current liabilities
(410)
(410)
Net liabilities
(134)
(134)
Capital and reserves
Called up share capital
3
3
Profit and loss reserves
(137)
(137)
Total equity
(134)
(134)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 10 March 2024
Mr J Furse
Director
Company registration number 02738979 (England and Wales)
PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
1
Accounting policies
Company information

Partisan Productions (Groundswell) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Pomona House, 111 New Kings Road, Parsons Green, London, SW6 4SJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

 

PARTISAN PRODUCTIONS (GROUNDSWELL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 and 31 August 2023
1,975
Depreciation and impairment
At 1 September 2022 and 31 August 2023
1,699
Carrying amount
At 31 August 2023
276
At 31 August 2022
276
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
410
543
2023-08-312022-09-01true10 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr J Fursefalse027389792022-09-012023-08-31027389792023-08-31027389792022-08-3102738979core:OtherPropertyPlantEquipment2023-08-3102738979core:OtherPropertyPlantEquipment2022-08-3102738979core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-3102738979core:CurrentFinancialInstrumentscore:WithinOneYear2022-08-3102738979core:ShareCapital2023-08-3102738979core:ShareCapital2022-08-3102738979core:RetainedEarningsAccumulatedLosses2023-08-3102738979core:RetainedEarningsAccumulatedLosses2022-08-3102738979bus:Director12022-09-012023-08-3102738979core:ComputerEquipment2022-09-012023-08-31027389792021-09-012022-08-3102738979core:OtherPropertyPlantEquipment2022-08-3102738979core:CurrentFinancialInstruments2023-08-3102738979core:CurrentFinancialInstruments2022-08-3102738979bus:EntityNoLongerTradingButTradedInPast2022-09-012023-08-3102738979bus:PrivateLimitedCompanyLtd2022-09-012023-08-3102738979bus:SmallCompaniesRegimeForAccounts2022-09-012023-08-3102738979bus:FRS1022022-09-012023-08-3102738979bus:AuditExemptWithAccountantsReport2022-09-012023-08-3102738979bus:FullAccounts2022-09-012023-08-31xbrli:purexbrli:sharesiso4217:GBP