Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalsefalse2022-12-02No description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC752112 2022-12-01 SC752112 2022-12-02 2023-12-31 SC752112 2022-01-01 2022-12-01 SC752112 2023-12-31 SC752112 c:Director1 2022-12-02 2023-12-31 SC752112 d:CurrentFinancialInstruments 2023-12-31 SC752112 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC752112 d:ShareCapital 2023-12-31 SC752112 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC752112 c:OrdinaryShareClass1 2022-12-02 2023-12-31 SC752112 c:OrdinaryShareClass1 2023-12-31 SC752112 c:FRS102 2022-12-02 2023-12-31 SC752112 c:AuditExempt-NoAccountantsReport 2022-12-02 2023-12-31 SC752112 c:FullAccounts 2022-12-02 2023-12-31 SC752112 c:PrivateLimitedCompanyLtd 2022-12-02 2023-12-31 SC752112 e:PoundSterling 2022-12-02 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC752112









HELLION PICTURES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
HELLION PICTURES LTD
REGISTERED NUMBER: SC752112

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

  

Current assets
  

Stocks
 4 
70,454

Debtors: amounts falling due within one year
 5 
3,703

Cash at bank and in hand
 6 
10,335

  
84,492

Creditors: amounts falling due within one year
 7 
(86,980)

Net current (liabilities)/assets
  
 
 
(2,488)

Total assets less current liabilities
  
(2,488)

  

Net (liabilities)/assets
  
(2,488)


Capital and reserves
  

Called up share capital 
 8 
12

Profit and loss account
  
(2,500)

  
(2,488)


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 period 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 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 25 November 2024.


L Brewster
Director

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

Page 1

 
HELLION PICTURES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Hellion Pictures Ltd is a private company limited by shares and registered in Scotland. The address of its registered office/principal place of business is 106 Harriet Street, Kirkcaldy, Scotland, KY1 2AG.
The company was incorporated on 2nd December 2022 and began trading on this date.

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 following principal accounting policies have been applied:

 
2.2

Stocks

Stocks comprise film production costs, which are recorded as a current asset net of the relevant tax credit. Film production costs are amortised to the statement of income and retained earnings over the period in which rights to the relevant production are being exploited by the company.

 
2.3

Debtors

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

 
2.4

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.

 
2.5

Creditors

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

 
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 and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 2

 
HELLION PICTURES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Stocks

2023
£

Production Costs
70,454

70,454



5.


Debtors

2023
£


Other debtors
3,703

3,703



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
10,335

10,335



7.


Creditors: Amounts falling due within one year

2023
£

Other creditors
84,480

Accruals and deferred income
2,500

86,980


Page 3

 
HELLION PICTURES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Share capital

2023
£
Allotted, called up and fully paid


12 Ordinary shares of £1.00 each
12


On incorporation the company issued 12 ordinary shares of £1 each at par for a cash consideration.


9.


Controlling party

During the period, the company was under the control of L Brewster by virtue of their shareholding.

 
Page 4