Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity22024-04-01false2 11776640 2024-04-01 2024-11-30 11776640 2023-04-01 2024-03-31 11776640 2024-11-30 11776640 2024-03-31 11776640 c:Director1 2024-04-01 2024-11-30 11776640 d:CurrentFinancialInstruments 2024-11-30 11776640 d:CurrentFinancialInstruments 2024-03-31 11776640 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 11776640 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11776640 d:ShareCapital 2024-11-30 11776640 d:ShareCapital 2024-03-31 11776640 d:RetainedEarningsAccumulatedLosses 2024-11-30 11776640 d:RetainedEarningsAccumulatedLosses 2024-03-31 11776640 c:FRS102 2024-04-01 2024-11-30 11776640 c:AuditExempt-NoAccountantsReport 2024-04-01 2024-11-30 11776640 c:FullAccounts 2024-04-01 2024-11-30 11776640 c:PrivateLimitedCompanyLtd 2024-04-01 2024-11-30 11776640 2 2024-04-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 11776640









OPM PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2024

 
OPM PRODUCTIONS LIMITED
REGISTERED NUMBER: 11776640

BALANCE SHEET
AS AT 30 NOVEMBER 2024

30 November
31 March
2024
2024
Note
£
£

  

Current assets
  

Production costs
  
-
12,395

Debtors: amounts falling due within one year
 4 
27,839
717

Cash at bank and in hand
  
57
2,595

  
27,896
15,707

Creditors: amounts falling due within one year
 5 
(119,933)
(15,706)

Net current (liabilities)/assets
  
 
 
(92,037)
 
 
1

Total assets less current liabilities
  
(92,037)
1

  

Net (liabilities)/assets
  
(92,037)
1


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(92,038)
-

  
(92,037)
1


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 period 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 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 26 January 2025.




Page 1

 
OPM PRODUCTIONS LIMITED
REGISTERED NUMBER: 11776640
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

K Farmer
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
OPM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

1.


General information

OPM Productions Limited is a private company limited by shares and incorporated in England. The address of the registered office is 124 Finchley Road, London NW3 5JS.

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

Going concern

The company meets its day to day working capital requirements through its own resources and a third party investor which provide funds specifically to invest in theatrical productions.
The directors have prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the support of the third party loan participants, indicate that the company has adequate resources to continue in operational existence for the foreseeable future.
After reviewing the forecasts and projections, at the time of approving these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises net box office sales net of commission and banking charges and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurs.

 
2.4

Interest income

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

 
2.5

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 balance sheet date in the countries where the Company operates and generates income.

 
2.6

Production costs

Production costs are stated at the lower of cost and net realisable value.

Page 3

 
OPM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.7

Debtors

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

 
2.8

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.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

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, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2024 - 2).


4.


Debtors

30 November
31 March
2024
2024
£
£


Other debtors
27,839
717

27,839
717


Page 4

 
OPM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

5.


Creditors: Amounts falling due within one year

30 November
31 March
2024
2024
£
£

Trade creditors
3,061
11,833

Corporation tax
-
26

Other creditors
109,372
1,847

Accruals and deferred income
7,500
2,000

119,933
15,706


 
Page 5