Riley Productions Limited
Unaudited Financial Statements
For the year ended 29 February 2024
For Filing with Registrar
Company Registration No. 09161164 (England and Wales)
Riley Productions Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Riley Productions Limited
Balance Sheet
As at 29 February 2024
Page 1
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
487
1
Cash at bank and in hand
13,193
17,513
13,680
17,514
Creditors: amounts falling due within one year
4
(41,520)
(45,354)
Net current liabilities
(27,840)
(27,840)
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
(27,841)
(27,841)
Total equity
(27,840)
(27,840)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 29 November 2024
S  Barron
Director
Company Registration No. 09161164
Riley Productions Limited
Notes to the Financial Statements
For the year ended 29 February 2024
Page 2
1
Accounting policies
Company information

Riley Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlotte Building, 17 Gresse Street, London, W1T 1QL.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. The director believes that the company will have sufficient funds to settle all of its liabilities as they fall due for at least 12 months from signing the accounts.

1.3
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Riley Productions Limited
Notes to the Financial Statements (Continued)
For the year ended 29 February 2024
Page 3
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
1
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
487
1
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
34,539
38,373
Accruals and deferred income
6,981
6,981
41,520
45,354
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Share of £1
1
1
1
1
6
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

At the balance sheet date, an amount of £10,243 (2023: £10,243) was owed to S Barron, a director of the company.

 

An amount of £486 (2023: (£3,834)) was owed by Riley Productions London Limited, a related party by virtue of its common directorship.

7
Controlling party

S. Barron is the ultimate controlling party by virtue of his majority shareholding in the company.

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