Caseware UK (AP4) 2024.0.164 2024.0.164 2023-12-312023-12-310motion picture production activitiestruetrue22022-12-19falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14548239 2022-12-18 14548239 2022-12-19 2023-12-31 14548239 2022-01-01 2022-12-18 14548239 2023-12-31 14548239 c:Director1 2022-12-19 2023-12-31 14548239 d:FurnitureFittings 2022-12-19 2023-12-31 14548239 d:FurnitureFittings 2023-12-31 14548239 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-19 2023-12-31 14548239 d:CurrentFinancialInstruments 2023-12-31 14548239 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14548239 d:ShareCapital 2023-12-31 14548239 d:RetainedEarningsAccumulatedLosses 2023-12-31 14548239 c:FRS102 2022-12-19 2023-12-31 14548239 c:AuditExempt-NoAccountantsReport 2022-12-19 2023-12-31 14548239 c:FullAccounts 2022-12-19 2023-12-31 14548239 c:PrivateLimitedCompanyLtd 2022-12-19 2023-12-31 14548239 2 2022-12-19 2023-12-31 14548239 e:PoundSterling 2022-12-19 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 14548239














WILDWOOD FILM PRODUCTION LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
WILDWOOD FILM PRODUCTION LTD
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
WILDWOOD FILM PRODUCTION LTD
REGISTERED NUMBER:14548239

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
34,470

Current assets
  

Stocks
  
754,142

Debtors: amounts falling due within one year
 5 
57,559

Cash at bank and in hand
  
3,850,251

  
4,661,952

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(4,839,315)

Net current liabilities
  
 
 
(177,363)

  

Net liabilities
  
(142,893)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(142,894)

  
(142,893)


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 comprehensive income 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 4 March 2025.


S Baron-Cohen
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
WILDWOOD FILM PRODUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

The Company's legal form is that of a private limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The Company was incorporated and commenced trading on 19 December 2022.

The principal activity of the company during the period was motion picture production.

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

Going concern

As at 31 December 2023, the Company had accumulated losses of £142,894. The directors have prepared projected cashflow forecasts for the period ending 12 months from the date of their approval of these financial statements and based on these and the continued support of the Company's principal shareholder, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

Interest income

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

Page 2

 
WILDWOOD FILM PRODUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Reducing balance

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.

 
2.6

Stocks

Production costs are recognised:
• In work in progress until programmes are delivered.
• In the Statement of Comprehensive Income as soon as programmes are delivered and related production revenues are recognised.

 
2.7

Debtors

Short term debtors are measured at the transaction price.

 
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.


3.


Employees

The directors were the only employees during the current period.





Page 3

 
WILDWOOD FILM PRODUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Fixtures and equipment

£



Cost


Additions
38,657



At 31 December 2023

38,657



Depreciation


Charge for the period on owned assets
4,187



At 31 December 2023

4,187



Net book value



At 31 December 2023
34,470


5.


Debtors

2023
£


Other debtors
55,766

Prepayments and accrued income
1,793

57,559



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
52,329

Amounts owed to group undertakings
274,156

Other creditors
4,502,830

Accruals and deferred income
10,000

4,839,315


Page 4

 
WILDWOOD FILM PRODUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Controlling party

The directors regard Mountport Ltd, a company incorporated in England and Wales, as the ultimate parent company.

 
Page 5