Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-01-01false2true 04163608 2023-01-01 2023-12-31 04163608 2022-01-01 2022-12-31 04163608 2023-12-31 04163608 2022-12-31 04163608 c:Director1 2023-01-01 2023-12-31 04163608 d:CurrentFinancialInstruments 2023-12-31 04163608 d:CurrentFinancialInstruments 2022-12-31 04163608 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04163608 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04163608 d:ShareCapital 2023-12-31 04163608 d:ShareCapital 2022-12-31 04163608 d:RetainedEarningsAccumulatedLosses 2023-12-31 04163608 d:RetainedEarningsAccumulatedLosses 2022-12-31 04163608 c:FRS102 2023-01-01 2023-12-31 04163608 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04163608 c:FullAccounts 2023-01-01 2023-12-31 04163608 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04163608 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 04163608









CHITTY (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CHITTY (UK) LIMITED
REGISTERED NUMBER: 04163608

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 2 
1,208
2,856

Cash at bank and in hand
  
6,383
2,616

  
7,591
5,472

Creditors: amounts falling due within one year
 3 
(2,750)
(2,750)

Net current assets
  
 
 
4,841
 
 
2,722

Total assets less current liabilities
  
4,841
2,722

  

Net assets
  
4,841
2,722


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
4,741
2,622

  
4,841
2,722


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 on 23 October 2024.



B Broccoli CBE
Director


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

Page 1

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

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:

 
1.2

Going concern

The company meets its day to day working capital requirements through its own resources.
After considering the forecast level of activity, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of these financial statements. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
1.3

Revenue

Turnover comprises revenue recognised by the company in respect of royalties received during the year.

 
1.4

Debtors

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

 
1.5

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.

 
1.6

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.

 
1.7

Creditors

Short term creditors are measured at the transaction price.


2.


Debtors

2023
2022
£
£


Other debtors
1,208
2,856

1,208
2,856

Page 2

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Debtors (continued)


Page 3

 
CHITTY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals
2,750
2,750

2,750
2,750



4.


Related party transactions

Amounts advanced by the group of participants in the London theatrical production of "Chitty Chitty Bang Bang" are only repayable out of any surplus arising from the productions.
The financial position at 31 December 2023 was as follows:


Investment in the London production "Chitty Chitty Bang Bang"




Represented by:

2023
2022
£
£

Production costs, revenues and distributions


Cost of production
5,538,972
5,538,972

Less: Net revenues received to date
(6,363,224)
(6,363,872)

Add: Distribution of profits to participants
825,215
825,215

 
 
963
 
 
315



Cash at bank and in hand
803
2,019


Stock
-
-

Creditors


Taxation and social security
1,766
2,334

Other creditors and accruals
-
-

 
 
(1,766)
 
 
(2,334)


-
-

 
Page 4