Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseis that of Film and Media production.45falsetruefalse 07402165 2023-01-01 2023-12-31 07402165 2022-01-01 2022-12-31 07402165 2023-12-31 07402165 2022-12-31 07402165 c:Director1 2023-01-01 2023-12-31 07402165 c:Director2 2023-01-01 2023-12-31 07402165 d:Buildings 2023-01-01 2023-12-31 07402165 d:Buildings 2023-12-31 07402165 d:Buildings 2022-12-31 07402165 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07402165 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 07402165 d:Buildings d:LongLeaseholdAssets 2023-12-31 07402165 d:Buildings d:LongLeaseholdAssets 2022-12-31 07402165 d:MotorVehicles 2023-01-01 2023-12-31 07402165 d:MotorVehicles 2023-12-31 07402165 d:MotorVehicles 2022-12-31 07402165 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07402165 d:FurnitureFittings 2023-01-01 2023-12-31 07402165 d:FurnitureFittings 2023-12-31 07402165 d:FurnitureFittings 2022-12-31 07402165 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07402165 d:OfficeEquipment 2023-01-01 2023-12-31 07402165 d:OfficeEquipment 2023-12-31 07402165 d:OfficeEquipment 2022-12-31 07402165 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07402165 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07402165 d:CurrentFinancialInstruments 2023-12-31 07402165 d:CurrentFinancialInstruments 2022-12-31 07402165 d:Non-currentFinancialInstruments 2023-12-31 07402165 d:Non-currentFinancialInstruments 2022-12-31 07402165 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07402165 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07402165 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07402165 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07402165 d:ShareCapital 2023-12-31 07402165 d:ShareCapital 2022-12-31 07402165 d:RetainedEarningsAccumulatedLosses 2023-12-31 07402165 d:RetainedEarningsAccumulatedLosses 2022-12-31 07402165 c:OrdinaryShareClass1 2023-01-01 2023-12-31 07402165 c:OrdinaryShareClass1 2023-12-31 07402165 c:FRS102 2023-01-01 2023-12-31 07402165 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07402165 c:FullAccounts 2023-01-01 2023-12-31 07402165 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07402165 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-01-01 2023-12-31 07402165 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-31 07402165 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-12-31 07402165 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07402165










EMBER FILMS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
EMBER FILMS LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 8


 
EMBER FILMS LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EMBER FILMS LTD
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ember Films Ltd for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of directors of Ember Films Ltd, as a body, in accordance with the terms of our engagement letter dated 13 May 2020Our work has been undertaken solely to prepare for your approval the financial statements of Ember Films Ltd and state those matters that we have agreed to state to the Board of directors of Ember Films Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ember Films Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Ember Films Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ember Films Ltd. You consider that Ember Films Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Ember Films Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



M+A Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
4 September 2024
Page 1

 
EMBER FILMS LTD
REGISTERED NUMBER: 07402165

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,042,704
373,605

  
1,042,704
373,605

Current assets
  

Debtors: amounts falling due within one year
 5 
62,974
89,755

Cash at bank and in hand
  
484,326
526,897

  
547,300
616,652

Creditors: amounts falling due within one year
 6 
(144,352)
(80,802)

Net current assets
  
 
 
402,948
 
 
535,850

Total assets less current liabilities
  
1,445,652
909,455

Creditors: amounts falling due after more than one year
 7 
(489,447)
(25,788)

Provisions for liabilities
  

Deferred tax
  
(77,574)
(89,121)

  
 
 
(77,574)
 
 
(89,121)

Net assets
  
878,631
794,546


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
878,531
794,446

  
878,631
794,546


Page 2

 
EMBER FILMS LTD
REGISTERED NUMBER: 07402165
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider 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 directors acknowledge their 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 income and retained earnings 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 4 September 2024.




................................................
Mrs E Jones
................................................
Mr J Jones
Director
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
EMBER FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales.  The address of its registered office is 50 and 52 Bessemer Road, Norwich, Norfolk, NR4 6DQ. 
The company's principal activity is that of Film and Media production.  

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

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.  Where a contract has been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.

 
2.3

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:

Freehold property
-
Nil
Motor vehicles
-
25%
RB
Fixtures and fittings
-
15%
RB
Equipment
-
15%
RB

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.

Page 4

 
EMBER FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and 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 directors, during the year was 4 (2022 - 5).

Page 5

 
EMBER FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Freehold property
Leasehold property improvements
Motor vehicles
Fixtures and fittings
Equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 January 2023
-
17,124
133,532
13,617
533,008
697,281


Additions
741,467
-
-
70
4,879
746,416


Disposals
-
(17,124)
-
-
-
(17,124)



At 31 December 2023

741,467
-
133,532
13,687
537,887
1,426,573



Depreciation


At 1 January 2023
-
-
73,778
5,457
244,443
323,678


Charge for the year on owned assets
-
-
14,939
1,235
44,017
60,191



At 31 December 2023

-
-
88,717
6,692
288,460
383,869



Net book value



At 31 December 2023
741,467
-
44,815
6,995
249,427
1,042,704



At 31 December 2022
-
17,124
59,755
8,161
288,565
373,605


5.


Debtors

2023
2022
£
£


Trade debtors
44,240
71,280

Other debtors
-
37

Prepayments and accrued income
18,734
18,438

62,974
89,755


Page 6

 
EMBER FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
19,988
9,872

Trade creditors
1,709
4,900

Other taxation and social security
71,606
55,518

Other creditors
48,195
7,192

Accruals and deferred income
2,854
3,320

144,352
80,802


The bank loan of £9,861 is secured by a fixed and floating charge over the company’s assets.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
489,447
25,788

489,447
25,788


The bank loan of £473,791 is secured by a fixed and floating charge over the company’s assets.

The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2023
2022
£
£


Repayable by instalments
423,869
-

423,869
-



Page 7

 
EMBER FILMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



9.


Related party transactions

As at 31 December 2023, the company owed £6,234 (2022 - £1,168) to the directors. This loan is
included in other creditors due within one year in note 6 to the financial statements and is repayable on demand. Interest totalling £40 (2022 - £100) was paid at a rate of 2% to 5 April 2023 then 2.25% on the overdrawn balance during the year.

 
Page 8