COMPANY REGISTRATION NUMBER:
14707105
Filleted Unaudited Accounts |
|
Statement of Financial Position |
|
31 March 2024
Current assets
Stocks |
72,470 |
Debtors |
5 |
11 |
Cash at bank and in hand |
4,644 |
|
-------- |
|
77,125 |
|
|
|
Creditors: amounts falling due within one year |
6 |
(
77,123) |
|
-------- |
Net current assets |
2 |
|
---- |
Total assets less current liabilities |
2 |
|
---- |
Net assets |
2 |
|
---- |
|
|
|
Capital and reserves
Called up share capital |
7 |
2 |
|
---- |
Shareholders funds |
2 |
|
---- |
|
|
|
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
.
These accounts were approved by the
board of directors
and authorised for issue on
27 November 2024
, and are signed on behalf of the board by:
E O Talfan Davies |
Director |
|
Company registration number:
14707105
Period from 7 March 2023 to 31 March 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Mount Stuart Square, Cardiff, CF10 5EE, Wales.
2.
Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Significant estimation technique adopted
Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production, as noted in "Turnover" above.
Comparatives
The accounts cover the period from incorporation through to 31 March 2024, hence there are no comparative figures.
Stocks
Stock relates to pre-production costs in relation to a potential upcoming production.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employees
The company has been incorporated to produce a project that has not yet been secured. In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration.
5.
Debtors
|
31 Mar 24 |
|
£ |
VAT recoverable |
|
Other debtors |
2 |
|
---- |
|
11 |
|
---- |
|
|
6.
Creditors:
amounts falling due within one year
|
31 Mar 24 |
|
£ |
Trade creditors |
16,090 |
Accruals and deferred income |
54,006 |
Director loan accounts |
7,027 |
|
-------- |
|
77,123 |
|
-------- |
|
|
7.
Called up share capital
Issued, called up and fully paid
|
31 Mar 24 |
|
No. |
£ |
Ordinary shares of £ 1 each |
2 |
2 |
|
---- |
---- |
|
|
|
8.
Related party transactions
During the year no related-party transactions took place. All transactions arose on an arm's-length basis through the normal course of business. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
9.
Controlling party
The company was under the control of One More One Productions Limited and Severn Screen Limited since incorporation.