Jamie Newton Productions Ltd 13704132 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is that of video production. Digita Accounts Production Advanced 6.30.9574.0 true true 13704132 2022-11-01 2023-10-31 13704132 2023-10-31 13704132 core:CurrentFinancialInstruments 2023-10-31 13704132 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 13704132 bus:SmallEntities 2022-11-01 2023-10-31 13704132 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 13704132 bus:FilletedAccounts 2022-11-01 2023-10-31 13704132 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 13704132 bus:RegisteredOffice 2022-11-01 2023-10-31 13704132 bus:Director1 2022-11-01 2023-10-31 13704132 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13704132 countries:EnglandWales 2022-11-01 2023-10-31 13704132 2021-10-26 2022-10-31 13704132 2022-10-31 13704132 core:CurrentFinancialInstruments 2022-10-31 13704132 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 13704132

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Unaudited Financial Statements

for the Year Ended 31 October 2023

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Company Information

Director

J T Newton

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

Accountants

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Statement of Financial Position as at 31 October 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

60,435

30,364

Cash at bank and in hand

 

20,421

21,361

 

80,856

51,725

Creditors: Amounts falling due within one year

5

(27,264)

(14,700)

Net assets

 

53,592

37,025

Capital and reserves

 

Called up share capital

1

1

Retained earnings

53,591

37,024

Shareholders' funds

 

53,592

37,025

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 31 July 2024
 

.........................................

J T Newton

Director

Company registration number: 13704132

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company was formerly known as Jamie Newton Productons Ltd.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of video production.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Going concern

The company had net assets at 31 October 2023 amounting to £53,592 including cash in bank of £20,421.

It is the director's view that the company will not be materially impacted by current economic conditions.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services to film and TV industry in the ordinary course of the company's activities, net of value added tax.

Turnover for production services is recognised in the period where the services are provided or at the date the company becomes entitled to the income in accordance with the stage of completion of its service contracts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, was 1 (2022 - 0).

4

Debtors

2023
£

2022
£

Trade debtors

-

441

Other debtors

60,435

29,923

60,435

30,364

 

Jamie Newton Productions Ltd (FORMERLY Jamie Newton Productons Ltd)

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Trade creditors

900

1,200

Taxation and social security

20,489

9,233

Accruals and deferred income

5,875

4,267

27,264

14,700

6

Transactions with Directors

At 31 October 2023 an amount of £55,447 was due from a director. During the year advances of £94,573 and repayments of £69,693 were made. Interest of £845 is payable to the company at 2 - 2.25% per annum and there are no set terms in place.
 

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

9,100

-