Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-01falseThe principal activity of the company continued to be that of music production and operators of a music studio22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06510521 2023-03-01 2024-02-29 06510521 2022-03-01 2023-02-28 06510521 2024-02-29 06510521 2023-02-28 06510521 c:Director1 2023-03-01 2024-02-29 06510521 d:OfficeEquipment 2023-03-01 2024-02-29 06510521 d:OtherPropertyPlantEquipment 2024-02-29 06510521 d:OtherPropertyPlantEquipment 2023-02-28 06510521 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 06510521 d:CurrentFinancialInstruments 2024-02-29 06510521 d:CurrentFinancialInstruments 2023-02-28 06510521 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 06510521 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 06510521 d:ShareCapital 2024-02-29 06510521 d:ShareCapital 2023-02-28 06510521 d:RetainedEarningsAccumulatedLosses 2024-02-29 06510521 d:RetainedEarningsAccumulatedLosses 2023-02-28 06510521 c:OrdinaryShareClass1 2023-03-01 2024-02-29 06510521 c:OrdinaryShareClass1 2024-02-29 06510521 c:OrdinaryShareClass1 2023-02-28 06510521 c:FRS102 2023-03-01 2024-02-29 06510521 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06510521 c:FullAccounts 2023-03-01 2024-02-29 06510521 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06510521 2 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06510521














ZDOT PRODUCTIONS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
ZDOT PRODUCTIONS LIMITED
REGISTERED NUMBER:06510521

BALANCE SHEET
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,543
3,424

  
1,543
3,424

Current assets
  

Debtors: amounts falling due within one year
 5 
19,132
58,968

Cash at bank
 6 
285,306
309,862

  
304,438
368,830

Creditors: amounts falling due within one year
 7 
(12,034)
(22,204)

Net current assets
  
 
 
292,404
 
 
346,626

Total assets less current liabilities
  
293,947
350,050

Provisions for liabilities
  

Deferred tax
  
(140)
(556)

  
 
 
(140)
 
 
(556)

Net assets
  
293,807
349,494


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
293,805
349,492

  
293,807
349,494


Page 1

 
ZDOT PRODUCTIONS LIMITED
REGISTERED NUMBER:06510521
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 year 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 profit and loss account 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: 




T P Broderick
Director

Date: 30 July 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ZDOT PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

ZDot Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 06510521. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company continued to be that of music production and operators of a music studio.
 
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 the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from music production and operators of a music studio is recognised when it is probable the company will receive the rights to the condideration due under the contract.
Income from performances are recognised once the performances have taken place.

Royalties receivable are recognised at the year end date by the company.
Royalties payable are calculated by reference to statements of account used for determining royalties receivable.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 
ZDOT PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

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.

 
2.7

Cash

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. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, other creditors and loans with related parties.

 
2.10

 Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
ZDOT PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.11

 Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including the director, during the year was 2 (2023 - 2).


4.


Tangible fixed assets







Other fixed assets

£



Cost 


At 1 March 2023
16,579



At 29 February 2024

16,579



Depreciation


At 1 March 2023
13,155


Charge for the year
1,881



At 29 February 2024

15,036



Net book value



At 29 February 2024
1,543



At 28 February 2023
3,424

Page 5

 
ZDOT PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
11,034
18,008

Other debtors
7,315
39,952

Prepayments and accrued income
783
1,008

19,132
58,968



6.


Cash

2024
2023
£
£

Cash at bank
285,306
309,862



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
6,132
15,370

Other taxation and social security
-
234

Accruals
5,902
6,600

12,034
22,204



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2



9.


Transactions with the director

During the year the company advanced £47,014 (2023 - £33,612) to the director. As at the year end, the director owed £6,393 (2023 - £39,221) to the company. Interest at the official rate has been charged on the loan. The loan is unsecured and repayable on demand.
During the year, dividends of £80,000 (2023 - £NIL) was paid to the director.

 
Page 6