Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true2023-05-01falsefilm production and script writing.11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01364241 2023-05-01 2024-04-30 01364241 2022-05-01 2023-04-30 01364241 2024-04-30 01364241 2023-04-30 01364241 2022-05-01 01364241 c:Director1 2023-05-01 2024-04-30 01364241 d:FurnitureFittings 2023-05-01 2024-04-30 01364241 d:FurnitureFittings 2024-04-30 01364241 d:FurnitureFittings 2023-04-30 01364241 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01364241 d:ComputerEquipment 2023-05-01 2024-04-30 01364241 d:ComputerEquipment 2024-04-30 01364241 d:ComputerEquipment 2023-04-30 01364241 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01364241 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01364241 d:CurrentFinancialInstruments 2024-04-30 01364241 d:CurrentFinancialInstruments 2023-04-30 01364241 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01364241 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 01364241 d:ShareCapital 2024-04-30 01364241 d:ShareCapital 2023-04-30 01364241 d:RetainedEarningsAccumulatedLosses 2024-04-30 01364241 d:RetainedEarningsAccumulatedLosses 2023-04-30 01364241 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 01364241 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 01364241 c:OrdinaryShareClass1 2023-05-01 2024-04-30 01364241 c:OrdinaryShareClass1 2024-04-30 01364241 c:FRS102 2023-05-01 2024-04-30 01364241 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 01364241 c:FullAccounts 2023-05-01 2024-04-30 01364241 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01364241 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01364241










SUN DANCE FILMS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
SUN DANCE FILMS LIMITED
REGISTERED NUMBER: 01364241

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,802
5,015

Current assets
  

Debtors: amounts falling due within one year
 5 
50
297

Cash at bank and in hand
  
766,933
875,452

  
766,983
875,749

Creditors: amounts falling due within one year
 6 
(10,104)
(96,888)

Net current assets
  
 
 
756,879
 
 
778,861

Total assets less current liabilities
  
760,681
783,876

Provisions for liabilities
  

Deferred tax
 7 
(529)
(591)

  
 
 
(529)
 
 
(591)

Net assets
  
760,152
783,285


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
760,150
783,283

  
760,152
783,285


Page 1

 
SUN DANCE FILMS LIMITED
REGISTERED NUMBER: 01364241

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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 his 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: 




I B Powell
Director

Date: 4 October 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Sun Dance Films Limited is a private company, limited by shares, incorporated in England and Wales. The registered office address is 3rd Floor, 24 Old Bond Street, London, W1S 4BH.

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

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

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 4

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
reducing balance
Computer equipment
-
33%
straight-line

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.

 
2.7

Debtors

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

 
2.8

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. 

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

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.

Page 5

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 May 2023
5,897
10,007
15,904


Additions
846
1,498
2,344


Disposals
(3,077)
(3,114)
(6,191)



At 30 April 2024

3,666
8,391
12,057



Depreciation


At 1 May 2023
4,344
6,545
10,889


Charge for the year on owned assets
342
1,533
1,875


Disposals
(2,645)
(1,864)
(4,509)



At 30 April 2024

2,041
6,214
8,255



Net book value



At 30 April 2024
1,625
2,177
3,802



At 30 April 2023
1,553
3,462
5,015

Page 6

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Other debtors
50
297



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
112
69

Corporation tax
4,521
47,646

Other creditors
2,234
45,934

Accruals and deferred income
3,237
3,239

10,104
96,888



7.


Deferred taxation




2024
2023


£

£






At beginning of year
(591)
-


Charged to profit or loss
62
(591)



At end of year
(529)
(591)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(529)
(591)

(529)
(591)


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2.00
2.00


Page 7

 
SUN DANCE FILMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Related party transactions

At the balance sheet date the amount due to the director was £2,234 (2023 - £45,934).


Page 8