Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-012falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08040085 2023-02-01 2024-01-31 08040085 2022-02-01 2023-01-31 08040085 2024-01-31 08040085 2023-01-31 08040085 c:Director1 2023-02-01 2024-01-31 08040085 d:ComputerEquipment 2023-02-01 2024-01-31 08040085 d:ComputerEquipment 2024-01-31 08040085 d:ComputerEquipment 2023-01-31 08040085 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 08040085 d:CurrentFinancialInstruments 2024-01-31 08040085 d:CurrentFinancialInstruments 2023-01-31 08040085 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08040085 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08040085 d:ShareCapital 2024-01-31 08040085 d:ShareCapital 2023-01-31 08040085 d:RetainedEarningsAccumulatedLosses 2024-01-31 08040085 d:RetainedEarningsAccumulatedLosses 2023-01-31 08040085 c:FRS102 2023-02-01 2024-01-31 08040085 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08040085 c:FullAccounts 2023-02-01 2024-01-31 08040085 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08040085 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 08040085 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 08040085 6 2023-02-01 2024-01-31 08040085 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 08040085









HARDY SON AND BAKER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
HARDY SON AND BAKER LIMITED
REGISTERED NUMBER: 08040085

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
1,391
2,778

Fixed asset investments
  
2
2

  
1,393
2,780

Current assets
  

Debtors: amounts falling due within one year
 7 
80,776
95,979

Cash at bank and in hand
  
243,097
332,552

  
323,873
428,531

Creditors: amounts falling due within one year
 8 
(70,477)
(175,025)

Net current assets
  
 
 
253,396
 
 
253,506

Total assets less current liabilities
  
254,789
256,286

Provisions for liabilities
  

Deferred tax
 9 
(264)
(528)

  
 
 
(264)
 
 
(528)

Net assets
  
254,525
255,758


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
254,515
255,748

  
254,525
255,758


Page 1

 
HARDY SON AND BAKER LIMITED
REGISTERED NUMBER: 08040085
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 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 29 January 2025.




D T Baker
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HARDY SON AND BAKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Hardy Son and Baker Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Regina House, 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover comprises revenue recognised by the company in respect of television programme development and production services. Production revenue is recognised over the period of the production. Gross profit on production activity is recognised over the period of the production and in accordance with the underlying contract. Overages on productions are recognised as they arise and underages are recognised on completion of the productions.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33.33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investments

Investments held as fixed assets are measured at cost less accumulated impairment. 

Page 3

 
HARDY SON AND BAKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting date in the countries where the Company operates and generates income.

Page 4

 
HARDY SON AND BAKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the
amounts reported for revenues and expenses during the year. However, the nature of estimation means
that actual outcomes could differ from those estimates.
Tangible assets
Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending upon a number of factors. In re-assessing the assets' lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.
Accruals and Prepayments
The company makes estimates of accruals and prepayments based on expenditure incurred for which invoices have not been received and known expenses which have been paid in advance. 


4.


Employees




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


5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 February 2023
9,960



At 31 January 2024

9,960



Depreciation


At 1 February 2023
7,182


Charge for the year on owned assets
1,387



At 31 January 2024

8,569



Net book value



At 31 January 2024
1,391



At 31 January 2023
2,778

Page 5

 
HARDY SON AND BAKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 February 2023
2



At 31 January 2024
2





7.


Debtors

2024
2023
£
£


Trade debtors
65,188
67,063

Other debtors
4,905
28,516

Prepayments and accrued income
10,683
400

80,776
95,979


Page 6

 
HARDY SON AND BAKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
43,972
29,523

Corporation tax
-
2,671

Other creditors
7,535
33,551

Accruals and deferred income
18,970
109,280

70,477
175,025



9.


Deferred taxation




2024


£






At beginning of year
(528)


Utilised in year
264



At end of year
(264)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(264)
(528)

(264)
(528)


10.


Related party transactions

At the reporting date, the company owed £6,674 (2023: £6,674) to Baker Films Limited, a company of which D T Baker is also a director. The outstanding balance is not subject to interest and is repayable on demand.

Page 7