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Company Registration No. 07166294 (England and Wales)
Cinemanx Productions Four Ltd Unaudited accounts for the period from 25 May 2023 to 31 March 2024
Cinemanx Productions Four Ltd Unaudited accounts Contents
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Cinemanx Productions Four Ltd Company Information for the period from 25 May 2023 to 31 March 2024
Directors
S J Ingrassia K S Ellis
Company Number
07166294 (England and Wales)
Registered Office
CANNON PLACE 78 CANNON STREET LONDON EC4N 6AF ENGLAND
Accountants
Boston Limited 2nd Floor, St Mary's Court 20 Hill Street Douglas Isle of Man IM1 1EU
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Cinemanx Productions Four Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
3,976 
2 
Creditors: amounts falling due within one year
(20,345)
(6,191)
Net current liabilities
(16,369)
(6,189)
Net liabilities
(16,369)
(6,189)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(16,371)
(6,191)
Shareholders' funds
(16,369)
(6,189)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by
S J Ingrassia Director Company Registration No. 07166294
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Cinemanx Productions Four Ltd Notes to the Accounts for the period from 25 May 2023 to 31 March 2024
1
Statutory information
Cinemanx Productions Four Ltd is a private company, limited by shares, registered in England and Wales, registration number 07166294. The registered office is CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Presentation currency
The accounts are presented in £ sterling.
Basis of preparation
The accounts have been prepared in compliance with FRS102.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Going concern
Repayment of the amounts due from Cinemanx Limited and its subsidiary entities (the "Cinemanx Group") to the Isle of Man Treasury will not be called for repayment until a full review of the financial position of the Cinemanx Group has been completed and the Isle of Man Treasury has confirmed that they will not enforce repayment where the company has insufficient liquid assets to satisfy any demand for repayment, thus allowing the company to continue as a going concern.
Statement of cashflows
Under FRS 102, the company is exempt from the requirement to prepare a statement of cash flows on the grounds that it qualifies as a small entity.
The company holds the international rights and the rights to the development and production of the motion film "TT3D closer to the Edge". The rights to the intangible assets are subject to a charge in favour of the parent company.
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
6
Contingent liabilities
Charges have been made against all the assets of the company in favour of the following parties to secure their interests in the copyright and title to the motion film: Cinemanx Limited
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Cinemanx Productions Four Ltd Notes to the Accounts for the period from 25 May 2023 to 31 March 2024
7
Transactions with related parties
(a) As at the reporting date, two of the directors of the company were also directors of Boston Limited (“Boston”). During the period, an amount of GBP10,843 (2023: GBP6,191) was paid to Boston in their capacity as administrators of the company, an amount of GBP9,502 (2023: GBP6,191) was accrued, an amount of GBP2,167 (2023: GBPnil) was prepaid and an amount of GBPnil (2023: GBPnil) was owed as at the reporting date. All services have been provided on an arm’s length basis at the standard commercial terms of Boston. (b) During the period, a loan facility of up to GBP100,000 was granted by a fellow subsidiary, Cinemanx Distribution Limited. The loan is unsecured, interest free and repayable after service of written demand to the extent that the company has sufficient liquid assets to satisfy the demand, and only after the payment of all other liabilities.
8
Controlling party
As at the reporting date, the entire issued share capital of the company was held by Cinemanx Limited and is considered part of the Cinemanx Group. In December 2020 Cinemanx Limited was acquired by the Isle of Man Treasury, a department of the Isle of Man Government.
9
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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