Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05733373 2023-04-01 2024-03-31 05733373 2022-04-01 2023-03-31 05733373 2024-03-31 05733373 2023-03-31 05733373 c:Director1 2023-04-01 2024-03-31 05733373 d:OfficeEquipment 2023-04-01 2024-03-31 05733373 d:OfficeEquipment 2024-03-31 05733373 d:OfficeEquipment 2023-03-31 05733373 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05733373 d:CurrentFinancialInstruments 2024-03-31 05733373 d:CurrentFinancialInstruments 2023-03-31 05733373 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05733373 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05733373 d:ShareCapital 2024-03-31 05733373 d:ShareCapital 2023-03-31 05733373 d:RetainedEarningsAccumulatedLosses 2024-03-31 05733373 d:RetainedEarningsAccumulatedLosses 2023-03-31 05733373 c:OrdinaryShareClass1 2023-04-01 2024-03-31 05733373 c:OrdinaryShareClass1 2024-03-31 05733373 c:FRS102 2023-04-01 2024-03-31 05733373 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05733373 c:FullAccounts 2023-04-01 2024-03-31 05733373 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05733373 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05733373














LB PRODUCTIONS (UK) LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
LB PRODUCTIONS (UK) LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
LB PRODUCTIONS (UK) LIMITED
REGISTERED NUMBER:05733373

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,719
2,914

Current assets
  

Debtors: amounts falling due within one year
 5 
5,921
2,584

Cash at bank and in hand
  
40,329
69,911

  
46,250
72,495

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(231,231)
(207,561)

Net current liabilities
  
 
 
(184,981)
 
 
(135,066)

  

Net liabilities
  
(182,262)
(132,152)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(182,362)
(132,252)

  
(182,262)
(132,152)


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 her 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 statement of comprehensive income 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 on 31 August 2024.



L E Bailey
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
LB PRODUCTIONS (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

LB Productions (UK) Limited is a private limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company is that of media activities.
The functional and presentational currency of the company is £ Sterling.

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

Going concern

The financial statements of the company have been prepared on a going concern basis, the validity of which is dependant on the continued support of the director and the other related party creditors of the business. The director is satisfied that suitable facilities will continue to be made available for at lleast twelve months from the date of her approval of these financial statements and that the company will be able to meet its working capital requirements for the foreseeable future.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax. 
Revenue is recognised when an assignment is delivered and accepted. 

Page 2

 
LB PRODUCTIONS (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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:

Office equipment
-
25%
straight line method

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.

 
2.5

Debtors

Short term debtors are measured at the transaction price.

 
2.6

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.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

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 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 income.


3.


Employees

The Director was the only employee during this and the preceding period.

Page 3

 
LB PRODUCTIONS (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment

£



Cost 


At 1 April 2023
18,496


Additions
2,359



At 31 March 2024

20,855



Depreciation


At 1 April 2023
15,582


Charge for the year on owned assets
2,554



At 31 March 2024

18,136



Net book value



At 31 March 2024
2,719



At 31 March 2023
2,914


5.


Debtors

2024
2023
£
£


Trade debtors
4,650
-

Other debtors
1,271
2,584

5,921
2,584


Page 4

 
LB PRODUCTIONS (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
999
-

Other taxation and social security
357
-

Other creditors
223,875
201,561

Accruals and deferred income
6,000
6,000

231,231
207,561



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100


 
Page 5