Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-06-23truefalse 14956619 2023-06-22 14956619 2023-06-23 2024-03-31 14956619 2022-06-23 2023-06-22 14956619 2024-03-31 14956619 c:Director1 2023-06-23 2024-03-31 14956619 d:ComputerEquipment 2023-06-23 2024-03-31 14956619 d:ComputerEquipment 2024-03-31 14956619 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-23 2024-03-31 14956619 d:CurrentFinancialInstruments 2024-03-31 14956619 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14956619 d:ShareCapital 2023-06-23 2024-03-31 14956619 d:ShareCapital 2024-03-31 14956619 d:RetainedEarningsAccumulatedLosses 2023-06-23 2024-03-31 14956619 d:RetainedEarningsAccumulatedLosses 2024-03-31 14956619 c:OrdinaryShareClass1 2023-06-23 2024-03-31 14956619 c:OrdinaryShareClass1 2024-03-31 14956619 c:FRS102 2023-06-23 2024-03-31 14956619 c:AuditExempt-NoAccountantsReport 2023-06-23 2024-03-31 14956619 c:FullAccounts 2023-06-23 2024-03-31 14956619 c:PrivateLimitedCompanyLtd 2023-06-23 2024-03-31 14956619 2 2023-06-23 2024-03-31 14956619 e:PoundSterling 2023-06-23 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14956619














ROTH FX PRODUCTIONS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD FROM 23 JUNE 2023 TO 31 MARCH 2024

 
ROTH FX PRODUCTIONS LIMITED
REGISTERED NUMBER:14956619

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
1,235

  
1,235

Current assets
  

Debtors: amounts falling due within one year
 5 
66,537

Cash at bank and in hand
 6 
189

  
66,726

Creditors: amounts falling due within one year
 7 
(37,007)

Net current assets
  
 
 
29,719

Total assets less current liabilities
  
30,954

  

Net assets
  
30,954


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
30,854

  
30,954


1

 
ROTH FX PRODUCTIONS LIMITED
REGISTERED NUMBER:14956619
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 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: 




C Roth
Director

Date: 14 August 2024

The notes on pages 4 to 7 form part of these financial statements.

2

 
ROTH FX PRODUCTIONS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2024


Called up
share capital
Profit and
loss account
Total equity

£
£
£



Profit for the period
-
107,134
107,134


Contributions by and distributions to owners

Dividends: Equity capital
-
(76,280)
(76,280)

Shares issued during the period
100
-
100


At 31 March 2024
100
30,854
30,954

3

 
ROTH FX PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Roth FX Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 14956619.
The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The principal activity of the company is that of provision of visual effects services and related consultancy on production and post-production activities.
The company was incorporated on 23 June 2023 and commenced trading on the same date.
During the year, the company shortened its accounting period from 30 June 2024 to 31 March 2024.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Turnover from visual effects and related consultancy services  is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover from visual effects and related consultancy services  is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Interest income

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

4

 
ROTH FX PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Taxation

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 in the countries where the company operates and generates income.

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
Straight line basis

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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

 Creditors

Short-term creditors are measured at the transaction price.

 
2.10

  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 third parties and loans to related parties.

 
2.11

 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.

5

 
ROTH FX PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Employees

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


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
1,483



At 31 March 2024

1,483



Depreciation


Charge for the period on owned assets
248



At 31 March 2024

248



Net book value



At 31 March 2024
1,235


5.


Debtors

2024
£


Trade debtors
13,139

Other debtors
53,398

66,537



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
189


6

 
ROTH FX PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
921

Accruals
1,459

Corporation tax
34,627

37,007



8.


Share capital

2024
£
Allotted, called up and fully paid


1 Share capital share of £100.00
100


100 Ordinary shares of £1 were issued on incorporation on 23 June 2023 at an aggregate subscription price of £100 and an aggregate nominal value of £1.


9.


Related party transactions

At the period end the director owed the company £53,108. The amount is shown in other debtors and is repayable on demand.

 
7