Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truetrueNo description of principal activity2023-01-01false22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09313879 2023-01-01 2023-12-31 09313879 2022-01-01 2022-12-31 09313879 2023-12-31 09313879 2022-12-31 09313879 c:Director1 2023-01-01 2023-12-31 09313879 c:Director2 2023-01-01 2023-12-31 09313879 c:RegisteredOffice 2023-01-01 2023-12-31 09313879 d:CurrentFinancialInstruments 2023-12-31 09313879 d:CurrentFinancialInstruments 2022-12-31 09313879 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09313879 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09313879 d:ShareCapital 2023-12-31 09313879 d:ShareCapital 2022-12-31 09313879 d:RetainedEarningsAccumulatedLosses 2023-12-31 09313879 d:RetainedEarningsAccumulatedLosses 2022-12-31 09313879 c:FRS102 2023-01-01 2023-12-31 09313879 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09313879 c:FullAccounts 2023-01-01 2023-12-31 09313879 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09313879 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 09313879


 
 
 
 
 
 
 
 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
FINANCIAL STATEMENTS
 
FOR THE YEAR ENDED 31 DECEMBER 2023

 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
 

COMPANY INFORMATION


Directors
C. G. Abrahams 
H. A. Goldsmith 




Registered number
09313879



Registered office
2nd Floor
60-62 Great Titchfield Street

London

W1W 7QG





 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 4


 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
REGISTERED NUMBER: 09313879

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Current assets
  

Debtors
 4 
299
263

Creditors: amounts falling due within one year
 5 
(5,400)
(1,778,006)

  

Net liabilities
  
(5,101)
(1,777,743)


Capital and reserves
  

Allotted, called up and fully paid share capital
  
111
111

Profit and loss account
  
(5,212)
(1,777,854)

Equity shareholders' deficit
  
(5,101)
(1,777,743)


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 Directors' Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on   1 August 2024.




C. G. Abrahams
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Imagine Nation Productions (UK) Limited (company number: 09313879), having its registered office and trading address at 2nd Floor 60-62 Great Titchfield Steet, London, W1W 7QG, is a private limited company incorporated in England and Wales.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Statement of Cash Flows

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.

 
2.3

Going concern

At 31 December 2023, the Company had net liabilities of £5,101 (2022: £1,777,743). However, the Company retains the support of its parent company, LKR Holdings Limited. The directors therefore considers that the Company will be able to continue in existence for the foreseeable future.

 
2.4

Debtors

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

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

 
2.6

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Page 2

 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current corporation 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.


3.


Employees

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

Page 3

 
IMAGINE NATION PRODUCTIONS (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£

Due within one year

Other debtors
11
11

Prepayments and accrued income
288
252

299
263



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,520
-

Amounts owed to group undertakings
-
1,774,766

Accruals and deferred income
2,880
3,240

5,400
1,778,006



6.


Related party transactions

Included within other debtors are amounts due from key management personnel of the Company of £11 (2022: £11).
Included within other creditors are amounts due to related parties of £Nil 
(2022: £1,774,766). These companies are related by virtue of common control and directorship.


Page 4