Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-04-0122truetrue 14295293 2023-04-01 2024-03-31 14295293 2022-08-15 2023-03-31 14295293 2024-03-31 14295293 2023-03-31 14295293 c:Director2 2023-04-01 2024-03-31 14295293 d:CurrentFinancialInstruments 2024-03-31 14295293 d:CurrentFinancialInstruments 2023-03-31 14295293 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14295293 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 14295293 d:ShareCapital 2024-03-31 14295293 d:ShareCapital 2023-03-31 14295293 d:RetainedEarningsAccumulatedLosses 2024-03-31 14295293 d:RetainedEarningsAccumulatedLosses 2023-03-31 14295293 c:OrdinaryShareClass1 2023-04-01 2024-03-31 14295293 c:OrdinaryShareClass1 2024-03-31 14295293 c:FRS102 2023-04-01 2024-03-31 14295293 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14295293 c:FullAccounts 2023-04-01 2024-03-31 14295293 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14295293 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14295293














BEDWITCH FILMS LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
BEDWITCH FILMS LTD
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 4


 
BEDWITCH FILMS LTD
REGISTERED NUMBER:14295293

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,805
3,000

Cash at bank and in hand
 5 
13,820
8,018

  
15,625
11,018

Creditors: amounts falling due within one year
 6 
(10,153)
(14,136)

Net current liabilities
  
 
 
5,472
 
 
(3,118)

Total assets less current liabilities
  
5,472
(3,118)

  

Net liabilities
  
5,472
(3,118)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
5,471
(3,119)

  
5,472
(3,118)


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 profit and loss account 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 by: 




G L O'Hara
Director

Date: 26 November 2024

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

1

 
BEDWITCH FILMS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Bedwitch Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 14295293. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company is script writing and acting performances.

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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis as the directors have confirmed they will continue to provide necessary funding in order for the company to maintain operations and meet liabilites in full for at least the next 12 months. On the basis, the directors are satisfied that the financial statements should be prepared on a ongoing basis.

 
2.3

Turnover

Turnover from script writing and acting performances is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2

 
BEDWITCH FILMS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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 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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Debtors

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

 
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

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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

3

 
BEDWITCH FILMS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Other debtors
1,805
-

Accrued income
-
3,000

1,805
3,000



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
13,820
8,018



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
1,386

Other creditors
6,461
7,950

Accruals
3,692
4,800

10,153
14,136



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £0.01 each
1
1



8.


Related party transactions

Included within other creditors at the period end is balance totalling £Nil (2023 - £7,950) due to     the directors. The loan is interest free and repayable on demand.

Included within other debtors at the period end is balance totallling £1,194 (2023 - £Nil) due from the directors.
 
During the year the company paid dividends totalling £17,175 to the directors.

 
4