BrightAccountsProduction v1.0.0 v1.0.0 2023-05-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is Theatre production; Film & Education. 31 January 2025 NI054593 2024-04-30 NI054593 2023-04-30 NI054593 2022-04-30 NI054593 2023-05-01 2024-04-30 NI054593 2022-05-01 2023-04-30 NI054593 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI054593 uk-curr:PoundSterling 2023-05-01 2024-04-30 NI054593 uk-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI054593 uk-bus:FullAccounts 2023-05-01 2024-04-30 NI054593 uk-bus:Director1 2023-05-01 2024-04-30 NI054593 uk-bus:RegisteredOffice 2023-05-01 2024-04-30 NI054593 uk-bus:Agent1 2023-05-01 2024-04-30 NI054593 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 NI054593 uk-core:ShareCapital 2024-04-30 NI054593 uk-core:ShareCapital 2023-04-30 NI054593 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI054593 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI054593 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI054593 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI054593 uk-bus:FRS102 2023-05-01 2024-04-30 NI054593 uk-core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 NI054593 uk-core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 NI054593 uk-core:CurrentFinancialInstruments 2024-04-30 NI054593 uk-core:CurrentFinancialInstruments 2023-04-30 NI054593 uk-core:WithinOneYear 2024-04-30 NI054593 uk-core:WithinOneYear 2023-04-30 NI054593 2023-05-01 2024-04-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI054593
 
 
GBL Productions Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 April 2024



GBL Productions Limited
DIRECTOR AND OTHER INFORMATION

 
Director Martin Lynch
 
 
Company Registration Number NI054593
 
 
Registered Office and Business Address Unit 2 Northern Whig Building
2-10 Bridge Street
Belfast
Antrim
BT1 1LU
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
Antrim
BT1 1PG
 
 
Bankers Ulster Bank
  11-16 Donegal Square east
  Belfast
  BT1 5UB



GBL Productions Limited

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of GBL Productions Limited
for the financial year ended 30 April 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 April 2024 as set out on pages  to 8 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of GBL Productions Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 30 April 2024 your duty to ensure that GBL Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of GBL Productions Limited. You consider that GBL Productions Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of GBL Productions Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
Antrim
BT1 1PG
 
31 January 2025



GBL Productions Limited
Company Registration Number: NI054593
STATEMENT OF FINANCIAL POSITION
as at 30 April 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 4 - 1,719
───────── ─────────
 
Current Assets
Receivables 5 - 11,455
Cash and cash equivalents 76,724 169,856
───────── ─────────
76,724 181,311
───────── ─────────
Payables: amounts falling due within one year 6 (94,514) (74,512)
───────── ─────────
Net Current (Liabilities)/Assets (17,790) 106,799
───────── ─────────
Total Assets less Current Liabilities (17,790) 108,518
═════════ ═════════
 
Equity
Called up share capital 2 2
Retained earnings (17,792) 108,516
───────── ─────────
Equity attributable to owners of the company (17,790) 108,518
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 31 January 2025
           
           
________________________________          
Martin Lynch          
Director          
           



GBL Productions Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2024

   
1. General Information
 
GBL Productions Limited is a company limited by shares incorporated in Northern Ireland. Unit 2 Northern Whig Building, 2-10 Bridge Street, Belfast, Antrim, BT1 1LU is the registered office, which is also the principal place of business of the company. . The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 April 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% straight line
  Computer Equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other receivables
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 2, (2023 - 2).
 
  2024 2023
  Number Number
 
Director 1 1
Employee 1 1
  ───────── ─────────
  2 2
  ═════════ ═════════
         
4. Property, plant and equipment
  Fixtures, Computer Total
  fittings and Equipment  
  equipment    
  £ £ £
Cost
At 1 May 2023 8,514 15,219 23,733
  ───────── ───────── ─────────
 
At 30 April 2024 8,514 15,219 23,733
  ───────── ───────── ─────────
Depreciation
At 1 May 2023 7,721 14,293 22,014
Charge for the financial year 793 926 1,719
  ───────── ───────── ─────────
At 30 April 2024 8,514 15,219 23,733
  ───────── ───────── ─────────
Carrying amount
At 30 April 2024 - - -
  ═════════ ═════════ ═════════
At 30 April 2023 793 926 1,719
  ═════════ ═════════ ═════════
       
5. Receivables 2024 2023
  £ £
 
Other debtors - 8,077
Taxation  (Note 7) - 3,378
  ───────── ─────────
  - 11,455
  ═════════ ═════════
       
6. Payables 2024 2023
Amounts falling due within one year £ £
 
Trade payables - 1,395
Taxation  (Note 7) 92,822 69,076
Director's current account 50 50
Other creditors (1,781) 791
Accruals:
Pension accrual 223 -
Other accruals 3,200 3,200
  ───────── ─────────
  94,514 74,512
  ═════════ ═════════
       
7. Taxation 2024 2023
  £ £
 
Receivables:
Corporation tax - 3,378
  ═════════ ═════════
Payables:
VAT 89,888 48,857
Corporation tax - 18,982
PAYE / NI 2,934 1,237
  ───────── ─────────
  92,822 69,076
  ═════════ ═════════
   
8. Director's advances, credits and guarantees
 
As at 1 May 2023 a balance of £50 is owed to the director. There was a net movement of £0.00 during the year ended 30 April 2024. As at 30 April 2024 a balance of £50 is owed to the director.
   
9. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.