IRIS Accounts Production v24.1.0.578 NI626054 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6260542022-06-30NI6260542023-06-30NI6260542022-07-012023-06-30NI6260542021-06-30NI6260542021-07-012022-06-30NI6260542022-06-30NI626054ns15:NorthernIreland2022-07-012023-06-30NI626054ns14:PoundSterling2022-07-012023-06-30NI626054ns10:Director12022-07-012023-06-30NI626054ns10:PrivateLimitedCompanyLtd2022-07-012023-06-30NI626054ns10:SmallEntities2022-07-012023-06-30NI626054ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30NI626054ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-30NI626054ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-30NI626054ns10:FullAccounts2022-07-012023-06-30NI626054ns10:CompanySecretary12022-07-012023-06-30NI626054ns10:RegisteredOffice2022-07-012023-06-30NI626054ns5:CurrentFinancialInstruments2023-06-30NI626054ns5:CurrentFinancialInstruments2022-06-30NI626054ns5:Non-currentFinancialInstruments2023-06-30NI626054ns5:Non-currentFinancialInstruments2022-06-30NI626054ns5:ShareCapital2023-06-30NI626054ns5:ShareCapital2022-06-30NI626054ns5:RetainedEarningsAccumulatedLosses2023-06-30NI626054ns5:RetainedEarningsAccumulatedLosses2022-06-30NI626054ns5:LeaseholdImprovements2022-07-012023-06-30NI626054ns5:PlantMachinery2022-07-012023-06-30NI626054ns5:FurnitureFittings2022-07-012023-06-30NI626054ns5:MotorVehicles2022-07-012023-06-30NI626054ns5:LeaseholdImprovements2022-06-30NI626054ns5:PlantMachinery2022-06-30NI626054ns5:FurnitureFittings2022-06-30NI626054ns5:LeaseholdImprovements2023-06-30NI626054ns5:PlantMachinery2023-06-30NI626054ns5:FurnitureFittings2023-06-30NI626054ns5:LeaseholdImprovements2022-06-30NI626054ns5:PlantMachinery2022-06-30NI626054ns5:FurnitureFittings2022-06-30NI626054ns5:MotorVehicles2022-06-30NI626054ns5:ComputerEquipment2022-06-30NI626054ns5:ComputerEquipment2022-07-012023-06-30NI626054ns5:MotorVehicles2023-06-30NI626054ns5:ComputerEquipment2023-06-30NI626054ns5:MotorVehicles2022-06-30NI626054ns5:ComputerEquipment2022-06-30NI626054ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30NI626054ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: NI626054 (Northern Ireland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

KRISTIAN NAIRN PRODUCTIONS LTD

KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


KRISTIAN NAIRN PRODUCTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: K Nairn



SECRETARY: Mrs P Nairn



REGISTERED OFFICE: 17 Clarendon Road
Belfast
BT1 3BG



REGISTERED NUMBER: NI626054 (Northern Ireland)



ACCOUNTANTS: Baker Tilly Mooney Moore
17 Clarendon Road
Clarendon Dock
Belfast
BT1 3BG



BANKERS: Danske Bank
1-9 Victoria Street
Belfast
BT1 3GA

KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 138,789 144,492

CURRENT ASSETS
Debtors 5 328,839 183,057
Cash at bank 55,137 126,993
383,976 310,050
CREDITORS
Amounts falling due within one year 6 205,490 173,910
NET CURRENT ASSETS 178,486 136,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

317,275

280,632

CREDITORS
Amounts falling due after more than one
year

7

(57,563

)

(71,987

)

PROVISIONS FOR LIABILITIES - (9,771 )
NET ASSETS 259,712 198,874

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 259,612 198,774
259,712 198,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

BALANCE SHEET - continued
30 JUNE 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were authorised for issue and approved by the director and authorised for issue on 31 July 2024 and were signed by:





K Nairn - Director


KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Kristian Nairn Productions Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The director does not consider there to be any significant judgements or estimates involved in the preparation of these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 10% on cost
Fixtures, fittings & equipment - 25% on reducing balance
Motor vehicles - 25% on cost

Financial instruments
All financial instruments of the company are considered to meet the definition of basic financial instruments.

- Short term debtors and creditors
Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

- Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to Plant and fittings
property machinery & equipmen
£    £    £   
COST
At 1 July 2022 25,282 41,191 25,910
Additions 5,600 12,745 2,478
Reclassification/transfer - - (799 )
At 30 June 2023 30,882 53,936 27,589
DEPRECIATION
At 1 July 2022 6,034 10,286 16,978
Charge for year 2,575 4,752 2,526
Reclassification/transfer - - (583 )
At 30 June 2023 8,609 15,038 18,921
NET BOOK VALUE
At 30 June 2023 22,273 38,898 8,668
At 30 June 2022 19,248 30,905 8,932

KRISTIAN NAIRN PRODUCTIONS LTD (REGISTERED NUMBER: NI626054)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 85,175 6,348 183,906
Additions - 957 21,780
Reclassification/transfer - 799 -
At 30 June 2023 85,175 8,104 205,686
DEPRECIATION
At 1 July 2022 5,694 422 39,414
Charge for year 15,896 1,734 27,483
Reclassification/transfer - 583 -
At 30 June 2023 21,590 2,739 66,897
NET BOOK VALUE
At 30 June 2023 63,585 5,365 138,789
At 30 June 2022 79,481 5,926 144,492

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 23,289 -
Other debtors 305,550 183,057
328,839 183,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 97,242 118,561
Hire purchase contracts 14,424 14,424
Taxation and social security 78,291 27,856
Other creditors 15,533 13,069
205,490 173,910

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts 57,563 71,987