Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity12023-04-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02711996 2023-04-01 2024-03-31 02711996 2022-04-01 2023-03-31 02711996 2024-03-31 02711996 2023-03-31 02711996 c:Director1 2023-04-01 2024-03-31 02711996 d:OfficeEquipment 2023-04-01 2024-03-31 02711996 d:OfficeEquipment 2024-03-31 02711996 d:OfficeEquipment 2023-03-31 02711996 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02711996 d:CurrentFinancialInstruments 2024-03-31 02711996 d:CurrentFinancialInstruments 2023-03-31 02711996 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02711996 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02711996 d:ShareCapital 2024-03-31 02711996 d:ShareCapital 2023-03-31 02711996 d:RetainedEarningsAccumulatedLosses 2024-03-31 02711996 d:RetainedEarningsAccumulatedLosses 2023-03-31 02711996 c:OrdinaryShareClass1 2023-04-01 2024-03-31 02711996 c:OrdinaryShareClass1 2024-03-31 02711996 c:FRS102 2023-04-01 2024-03-31 02711996 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02711996 c:FullAccounts 2023-04-01 2024-03-31 02711996 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02711996 2 2023-04-01 2024-03-31 02711996 6 2023-04-01 2024-03-31 02711996 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02711996














MATALIN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
MATALIN LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
MATALIN LIMITED
REGISTERED NUMBER:02711996

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,320
6,599

Investments
 5 
476,997
739,206

  
478,317
745,805

Current assets
  

Debtors: amounts falling due within one year
 6 
95,200
13,470

Cash at bank and in hand
  
6,905
26,136

  
102,105
39,606

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(113,358)
(159,832)

Net current liabilities
  
 
 
(11,253)
 
 
(120,226)

  

Net assets
  
467,064
625,579


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
466,964
625,479

  
467,064
625,579


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 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 on 5 November 2024.

E N Fellner
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

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

1.


General information

Matalin Limited is a private limited liability company registered in England and Wales with it registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD. Its principal business address is at 26 Aybrook Street, London, W1U 4AN.
The principal activity of the company during the year 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 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

Turnover

Turnover represents income receivable in respect of film production services exclusive of Value Added Tax. 
Film production fees are accounted for in the period in which the work is carried out. 

 
2.3

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25% 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.

 
2.4

Valuation of investments

Other investments held as fixed assets are shown at cost less provision for impairment.

 
2.5

Debtors

Short term debtors are measured at the transaction price.

Page 2

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

2.Accounting policies (continued)

 
2.6

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. 

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

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.

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.

 
2.9

Interest income

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

 
2.10

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.


3.


Employees

The Director was the only employee of the Company during the current and preceding period.

Page 3

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

4.


Tangible fixed assets





Office equipment

£



Cost 


At 1 April 2023
22,428



At 31 March 2024

22,428



Depreciation


At 1 April 2023
15,829


Charge for the year on owned assets
5,279



At 31 March 2024

21,108



Net book value



At 31 March 2024
1,320



At 31 March 2023
6,599


5.


Fixed asset investments





Other fixed asset investments

£



Cost


At 1 April 2023
739,206


Disposals
(262,209)



At 31 March 2024
476,997





6.


Debtors

2024
2023
£
£


Other debtors
95,200
13,470


Page 4

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
22,820
2,446

Other creditors
88,043
154,891

Accruals and deferred income
2,495
2,495

113,358
159,832



8.


Share capital

2024
2023
£
£
Allotted, called up and partly paid



100 Ordinary shares of £1.00 each
100
100


 
Page 5