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REGISTERED NUMBER: 06923846 (England and Wales)










Ian Maiden Productions Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Ian Maiden Productions Limited (Registered number: 06923846)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ian Maiden Productions Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr M A H Holme
Mr I A Maiden





REGISTERED OFFICE: Curtle House High Street
Beaulieu
Brockenhurst
Hampshire
SO42 7YB





REGISTERED NUMBER: 06923846 (England and Wales)

Ian Maiden Productions Limited (Registered number: 06923846)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 4,762,186 4,690,289

CURRENT ASSETS
Debtors 5 550 550
Cash at bank 207,765 295,922
208,315 296,472
CREDITORS
Amounts falling due within one year 6 (1,847,845 ) (2,131,653 )
NET CURRENT LIABILITIES (1,639,530 ) (1,835,181 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,122,656

2,855,108

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 3,122,556 2,855,008
3,122,656 2,855,108

Ian Maiden Productions Limited (Registered number: 06923846)

Balance Sheet - continued
31 December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





Mr I A Maiden - Director


Ian Maiden Productions Limited (Registered number: 06923846)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

2. ACCOUNTING POLICIES

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentational currency is pound sterling.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

GOING CONCERN
The financial statements have been prepared on a going concern basis.

REVENUE RECOGNITION
Turnover represents amounts receivable on an accruals basis from dividends and interest on listed investments.

The company recognizes revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Ian Maiden Productions Limited (Registered number: 06923846)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

INVESTMENTS
Listed fixed asset investments are measured at fair value though the profit or loss. The fair value of £4,762,184 and the £216,583 included in the profit or loss for the year was determined by reference to the bid price at the relevant year end date.
Unlisted fixed asset investments are measured at cost less impairment.

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 4,690,287 2 4,690,289
Additions 920,412 - 920,412
Disposals (1,065,098 ) - (1,065,098 )
Revaluations 216,583 - 216,583
At 31 December 2023 4,762,184 2 4,762,186
NET BOOK VALUE
At 31 December 2023 4,762,184 2 4,762,186
At 31 December 2022 4,690,287 2 4,690,289

Cost or valuation at 31 December 2023 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2022 4,762,184 2 4,762,186

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 550 550

Ian Maiden Productions Limited (Registered number: 06923846)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax liability (22 ) (22 )
Social security and other tax 968 (29 )
Wages payable 414 590
Director's current account 1,840,390 2,125,390
Accruals and deferred income 6,095 5,724
1,847,845 2,131,653

7. RESERVES
Retained
earnings
£   

At 1 January 2023 2,855,008
Profit for the year 297,548
Dividends (30,000 )
At 31 December 2023 3,122,556