Company Registration Number: |
for the financial year ended |
Palladium Productions Limited |
DIRECTORS AND OTHER INFORMATION |
Directors | |
Company Registration Number | |
Registered Office | |
United Kingdom | |
Accountants | |
Chartered Certified Accountants | |
Link House | |
Boreenmanna Road | |
Cork | |
Republic of Ireland |
Palladium Productions Limited |
DIRECTORS' REPORT |
for the financial year ended 31 October 2023 |
The directors present their report and the unaudited financial statements for the financial year ended 31 October 2023. |
Results and Dividends |
The profit for the financial year amounted to £0.00 (2022 - £0.00). |
Directors |
The directors who served during the financial year are as follows: |
Emmet Hurley |
Brid Hurley |
Political Contributions |
Statement of Directors' Responsibilities |
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. |
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: |
■ | select suitable accounting policies and apply them consistently; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | make judgements and accounting estimates that are reasonable and prudent; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
■ | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
Special provisions relating to small companies |
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
On behalf of the board |
___________________________ |
Director |
Palladium Productions Limited |
CHARTERED CERTIFIED ACCOUNTANTS REPORT |
for the financial year ended 31 October 2023 |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at <http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html> |
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at <http://www.accaglobal.com/ie/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html> |
Thomas Walsh |
for and on behalf of |
Link House |
Boreenmanna Road |
Cork |
Republic of Ireland |
Palladium Productions Limited |
PROFIT AND LOSS ACCOUNT |
for the financial year ended 31 October 2023 |
2023 | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Profit before taxation | - | - | ||
Tax on profit | - | - | ||
───────── | ───────── | |||
Profit for the financial year | - | - | ||
───────── | ───────── | |||
Total comprehensive income | - | - | ||
═════════ | ═════════ |
Palladium Productions Limited |
Company Registration Number: |
BALANCE SHEET |
as at |
2023 | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes | £ | £ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital and Reserves |
Called up share capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retained earnings | ( |
( |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
───────── | ───────── | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity attributable to owners of the company | - | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
═════════ | ═════════ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Approved by the Board and authorised for issue on |
________________________________ | |||||||
Director | |||||||
Palladium Productions Limited |
RECONCILIATION OF SHAREHOLDERS' FUNDS |
as at 31 October 2023 |
Called up | Retained | Total | |
share | earnings | ||
capital | |||
£ | £ | £ | |
At 1 November 2021 | 116 | (116) | - |
───────── | ───────── | ───────── | |
At 31 October 2022 | 116 | (116) | - |
───────── | ───────── | ───────── | |
At 31 October 2023 | 116 | ( |
- |
═════════ | ═════════ | ═════════ |
Palladium Productions Limited |
NOTES TO THE FINANCIAL STATEMENTS |
for the financial year ended 31 October 2023 |
1. | General Information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Palladium Productions Limited is a company limited by shares incorporated in the United Kingdom. The registered office of the company is B79 Capital Building Embassy Gardens, Nine Elms, London, SW11 7AQ, United Kingdom which is also the principal place of business of the company The principal activitiy of the company is that of a media production studio. The financial statements have been presented in Pound (£). |
2. | Summary of Significant Accounting Policies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Statement of compliance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basis of preparation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tangible assets and depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fixtures, fittings and equipment | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taxation and deferred taxation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date. |
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Foreign currencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ordinary share capital | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The ordinary share capital of the company is presented as equity. |
3. | Employees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The average monthly number of employees, including directors, during the financial year was 0, (2022 - 0). |
4. | Tangible assets | ||
Fixtures, | Total | ||
fittings and | |||
equipment | |||
£ | £ | ||
Cost | |||
At 1 November 2022 | 2,358 | ||
───────── | ───────── | ||
At 31 October 2023 | 2,358 | ||
───────── | ───────── | ||
Depreciation | |||
At 1 November 2022 | 2,358 | ||
───────── | ───────── | ||
At 31 October 2023 | 2,358 | ||
───────── | ───────── | ||
Net book value | |||
At 31 October 2023 | - | - | |
═════════ | ═════════ |
5. | Capital commitments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
6. | Controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||