Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-012No description of principal activityfalse2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11776640 2023-04-01 2024-03-31 11776640 2022-04-01 2023-03-31 11776640 2024-03-31 11776640 2023-03-31 11776640 c:Director1 2023-04-01 2024-03-31 11776640 d:CurrentFinancialInstruments 2024-03-31 11776640 d:CurrentFinancialInstruments 2023-03-31 11776640 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11776640 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11776640 d:ShareCapital 2024-03-31 11776640 d:ShareCapital 2023-03-31 11776640 c:FRS102 2023-04-01 2024-03-31 11776640 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11776640 c:FullAccounts 2023-04-01 2024-03-31 11776640 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11776640 2 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11776640









OPM PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
OPM PRODUCTIONS LIMITED
REGISTERED NUMBER: 11776640

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Production costs
  
12,395
-

Debtors: amounts falling due within one year
 4 
717
15,639

Cash at bank and in hand
  
2,595
3,249

  
15,707
18,888

Creditors: amounts falling due within one year
 5 
(15,706)
(18,887)

Net current assets
  
 
 
1
 
 
1

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


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 period 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 19 November 2024.




K Farmer
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 1

 
OPM PRODUCTIONS LIMITED
REGISTERED NUMBER: 11776640
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


Page 2

 
OPM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

OPM Productions Limited is a private company limited by shares and incorporated in England. The address of the registered office is 124 Finchley Road, London NW3 5JS.

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 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

Going concern

The company meets its day to day working capital requirements through its own resources and a third party investor which provide funds specifically to invest in theatrical productions.
The directors have prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the support of the third party loan participants, indicate that the company has adequate resources to continue in operational existence for the foreseeable future.
After reviewing the forecasts and projections, at the time of approving these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises net box office sales net of commission and banking charges and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurs.

 
2.4

Interest income

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

 
2.5

Production costs

Production costs are stated at the lower of cost and net realisable value.

 
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 on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
OPM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Other debtors
717
15,639

717
15,639



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
11,833
4,225

Corporation tax
26
-

Other creditors
1,847
12,662

Accruals and deferred income
2,000
2,000

15,706
18,887


 
Page 4