Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falsefilm production32truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09244491 2023-04-01 2024-03-31 09244491 2022-04-01 2023-03-31 09244491 2024-03-31 09244491 2023-03-31 09244491 c:Director2 2023-04-01 2024-03-31 09244491 d:OfficeEquipment 2023-04-01 2024-03-31 09244491 d:OfficeEquipment 2024-03-31 09244491 d:OfficeEquipment 2023-03-31 09244491 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09244491 d:CurrentFinancialInstruments 2024-03-31 09244491 d:CurrentFinancialInstruments 2023-03-31 09244491 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09244491 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09244491 d:ShareCapital 2024-03-31 09244491 d:ShareCapital 2023-03-31 09244491 d:RetainedEarningsAccumulatedLosses 2024-03-31 09244491 d:RetainedEarningsAccumulatedLosses 2023-03-31 09244491 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09244491 c:OrdinaryShareClass1 2024-03-31 09244491 c:OrdinaryShareClass1 2023-03-31 09244491 c:FRS102 2023-04-01 2024-03-31 09244491 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09244491 c:FullAccounts 2023-04-01 2024-03-31 09244491 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09244491 d:Subsidiary1 2023-04-01 2024-03-31 09244491 d:Subsidiary1 1 2023-04-01 2024-03-31 09244491 2 2023-04-01 2024-03-31 09244491 6 2023-04-01 2024-03-31 09244491 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09244491














MONUMENTAL PICTURES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
MONUMENTAL PICTURES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
MONUMENTAL PICTURES LIMITED
REGISTERED NUMBER:09244491

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,733
4,978

Investments
 5 
1
1

  
3,734
4,979

Current assets
  

Debtors: amounts falling due within one year
 6 
442,191
667,307

Cash at bank and in hand
  
1,097,691
337,844

  
1,539,882
1,005,151

Creditors: amounts falling due within one year
 7 
(116,873)
(26,196)

Net current assets
  
 
 
1,423,009
 
 
978,955

  

Net assets
  
1,426,743
983,934


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
1,426,643
983,834

  
1,426,743
983,934


Page 1

 
MONUMENTAL PICTURES LIMITED
REGISTERED NUMBER:09244491
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 comprehensive income 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: 




A M Owen
Director

Date: 7 October 2024


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MONUMENTAL PICTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Monumental Pictures Limited is a limited liability company incorporated in England and Wales with its registered office at 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.

The principal activity of the company continued to be that of film 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 policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.4

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 provided on the following basis:

Office equipment
-
25%
reducing balance

 
2.5

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

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

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 3

 
MONUMENTAL PICTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short term creditors are measured at the transaction price. 

 
2.9

Foreign currency translation

Functional and presentation currency

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

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.

 
2.10

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.

 
2.11

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 Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Taxation

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 reporting date in the countries where the company operates and generates income.

Page 4

 
MONUMENTAL PICTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost


At 1 April 2023
21,284



At 31 March 2024

21,284



Depreciation


At 1 April 2023
16,306


Charge for the year on owned assets
1,245



At 31 March 2024

17,551



Net book value



At 31 March 2024
3,733



At 31 March 2023
4,978


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 April 2023
1



At 31 March 2024
1




Page 5

 
MONUMENTAL PICTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Registered office

Principal activity

Class of shares

Holding

Dolly Wilde Productions Limited
UK
Television programme development
Ordinary
100%


6.


Debtors

2024
2023
£
£


Trade debtors
122,966
18,627

Other debtors
63,102
121,955

Prepayments and accrued income
256,123
526,725

442,191
667,307


Other debtors include a balance of £54,712 owed by (2023 - £3,595 owed to) the directors. The balance will be repaid within 9 months of the Statement of Financial Position date.


7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,370
371

Taxation and social security
99,780
-

Other creditors
10,223
13,435

Accruals and deferred income
5,500
12,390

116,873
26,196



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100


 
Page 6