Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activityfalsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-0122false 09870709 2023-01-01 2023-12-31 09870709 2022-01-01 2022-12-31 09870709 2023-12-31 09870709 2022-12-31 09870709 c:Director2 2023-01-01 2023-12-31 09870709 d:CurrentFinancialInstruments 2023-12-31 09870709 d:CurrentFinancialInstruments 2022-12-31 09870709 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09870709 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09870709 d:ShareCapital 2023-12-31 09870709 d:ShareCapital 2022-12-31 09870709 d:RetainedEarningsAccumulatedLosses 2023-12-31 09870709 d:RetainedEarningsAccumulatedLosses 2022-12-31 09870709 c:FRS102 2023-01-01 2023-12-31 09870709 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09870709 c:FullAccounts 2023-01-01 2023-12-31 09870709 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09870709 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 09870709









BEAR HUNT FILMS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BEAR HUNT FILMS LIMITED
REGISTERED NUMBER: 09870709

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
11,850
3,294

Cash at bank and in hand
 5 
53,857
65,885

  
65,707
69,179

Creditors: amounts falling due within one year
 6 
(71,001)
(110,494)

Net current liabilities
  
 
 
(5,294)
 
 
(41,315)

Total assets less current liabilities
  
(5,294)
(41,315)

  

Net liabilities
  
(5,294)
(41,315)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(5,295)
(41,316)

  
(5,294)
(41,315)


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 by: 




R Fielding
Director

Date: 24 September 2024
Page 1

 
BEAR HUNT FILMS LIMITED
REGISTERED NUMBER: 09870709
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023


The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BEAR HUNT FILMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Bear Hunt Films Limited is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is 339 Upper Street, London, N1 0PB.

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

At the Statement of Financial Position date the company had net liabilities of £5,294 and is dependent on the support of its investors who have confirmed their intention to support the company. As a result the directors believe it is appropriate to prepare the accounts on the going concern basis.

 
2.3

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
BEAR HUNT FILMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Revenue

Revenue comprises distribution revenue and grants received.
Distribution revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.
Where revenue received exceeds costs incurred to date and profits are not anticipated, the balance is treated as deferred income and held on the Statement of Financial Position until further costs are incurred or profits anticipated. At this point the deferred income is released to the Statement of Income and Retained Earnings.
Grants are recognised in the Statement of Income and Retained Earnings when income is probable and can be measured with sufficient reliability.

 
2.5

Debtors

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

 
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

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 and other third parties and loans from related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Trade debtors
11,322
-

Other debtors
-
250

Prepayments and accrued income
528
3,044

11,850
3,294


Page 4

 
BEAR HUNT FILMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
53,857
65,885

53,857
65,885



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,700
1,500

Other taxation and social security
3,643
-

Other creditors
39,708
83,844

Accruals and deferred income
24,950
25,150

71,001
110,494


Creditors includes amounts secured by a fixed and floating charge over the assets of the company.


7.


Ultimate parent undertaking and controlling party

The immediate and ultimate parent undertaking is Lupus Films Limited, a company incorporated in England & Wales. The ultimate controlling parties are the directors, C Deakin and R Fielding.

 
Page 5