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Company No: 01420235 (England and Wales)

ROBERT FOX LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

ROBERT FOX LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

ROBERT FOX LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2024
ROBERT FOX LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2024
DIRECTORS O A G Baring - Chairman (Resigned 24 June 2024)
R M J Fox
Susannah Lee Graves (Appointed 29 October 2024)
SECRETARY K D Liverpool
REGISTERED OFFICE 22 Chancery Lane
London
WC2A 1LS
United Kingdom
COMPANY NUMBER 01420235 (England and Wales)
BANKERS C Hoare & Co
32 Lowndes Street
London
SW1X 9HZ
ROBERT FOX LIMITED

BALANCE SHEET

As at 30 June 2024
ROBERT FOX LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 41,035 41,035
Tangible assets 4 1,360 1,758
Investments 5 101,844 101,844
144,239 144,637
Current assets
Debtors 6 934,774 758,197
Investments 7 110,699 75,369
Cash at bank and in hand 395,587 1,012,536
1,441,060 1,846,102
Creditors: amounts falling due within one year 8 ( 514,320) ( 595,700)
Net current assets 926,740 1,250,402
Total assets less current liabilities 1,070,979 1,395,039
Net assets 1,070,979 1,395,039
Capital and reserves
Called-up share capital 440 440
Share premium account 230,989 230,989
Capital redemption reserve 864 864
Profit and loss account 838,686 1,162,746
Total shareholder's funds 1,070,979 1,395,039

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Robert Fox Limited (registered number: 01420235) were approved and authorised for issue by the Board of Directors on 20 March 2025. They were signed on its behalf by:

R M J Fox
Director
ROBERT FOX LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
ROBERT FOX LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Robert Fox Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet dated.

Transactions in foreign currencies are translated at the average rate for the year. Exchange differences are taken to the profit and loss account.

Turnover

This represents income from productions and management fees, net of VAT.

Income arising from producer fees, production rights and other production investments are recognised at the point services are provided.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets not amortised
Other intangible assets

Musical rights acquired are capitalised at cost. The directors are of the opinion that the useful economic life of the rights are 20 years and that the residual value of the rights are essentially the same as cost and they are therefore not amortised. The carrying value of the rights is reviewed at the end of each reporting period for evidence of any impairment.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 10 years straight line
Fixtures and fittings 4 years straight line
Office equipment 4 years straight line
Other property, plant and equipment not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Investments
Investments in subsidiaries and associates are stated at cost less impairment. Investments in equity shares and other securities which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year 1 1

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 July 2023 41,035 41,035
At 30 June 2024 41,035 41,035
Accumulated amortisation
At 01 July 2023 0 0
At 30 June 2024 0 0
Net book value
At 30 June 2024 41,035 41,035
At 30 June 2023 41,035 41,035

4. Tangible assets

Vehicles Fixtures and fittings Office equipment Other property, plant
and equipment
Total
£ £ £ £ £
Cost
At 01 July 2023 71,400 9,198 2,125 608 83,331
At 30 June 2024 71,400 9,198 2,125 608 83,331
Accumulated depreciation
At 01 July 2023 71,400 9,198 975 0 81,573
Charge for the financial year 0 0 398 0 398
At 30 June 2024 71,400 9,198 1,373 0 81,971
Net book value
At 30 June 2024 0 0 752 608 1,360
At 30 June 2023 0 0 1,150 608 1,758

5. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 101,843 101,843
Participating interests 1 1
101,844 101,844

Investments in subsidiaries

2024
£
Cost
At 01 July 2023 101,843
At 30 June 2024 101,843
Carrying value at 30 June 2024 101,843
Carrying value at 30 June 2023 101,843

Investments in associates Total
£ £
Cost or valuation before impairment
At 01 July 2023 1 1
At 30 June 2024 1 1
Carrying value at 30 June 2024 1 1
Carrying value at 30 June 2023 1 1

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.06.2024
Ownership
30.06.2023
Simpson Fox Associates Limited United Kingdom Theatrical agents Ordinary £1 79.00% 79.00%
RMJF Inc United States of America Theatrical productions Ordinary $1 100.00% 100.00%
Chess Productions Limited United Kingdom Theatrical productions Ordinary £1 50.00% 50.00%

6. Debtors

2024 2023
£ £
Trade debtors 32,584 0
Amounts owed by group undertakings (note 9) 466,898 394,210
Corporation tax 24,273 0
Other debtors 411,019 363,987
934,774 758,197

7. Current asset investments

2024 2023
£ £
Other investments 110,699 75,369

8. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to group undertakings (note 9) 299,387 309,937
Taxation and social security 369 73,793
Other creditors 214,564 211,970
514,320 595,700

9. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Expenses paid by the company on the director's behalf 53,553 50,302
Expenses paid by the director on the company's behalf (50,395) (57,939)
Net movement in the year 3,159 7,637

Other related party transactions

During the year the company made the following related party transactions:

Simpson Fox Associates Limited (subsidiary of Robert Fox Limited). The movement during the year consists of £50(2023 - £231) which represents charges in respect of services provided to Simpson Fox Associates Limited. There was a repayment of £nil (2022 - £nil) to the company. The balance is interest free and repayable on demand. At the balance sheet date the amount owed to Simpson Fox Associates Limited was £98,811 (2023 - £95,861).

RMJF Inc (subsidiary of Robert Fox Limited). The movement during the year was £72,688 (2023 - £81,695). The balance is interest free and repayable on demand. At the balance sheet date the amount owed by RMJF Inc was £466,898 (2023 - £394,210).

Chess Productions Limited (participating interest of Robert Fox Limited). The was no movement during the year (2023 - £nil). The balance is interest free and repayable on demand. At the balance sheet date the amount owed to Chess Productions Limited was £214,076 (2023 - £214,076).

Robert Fox General Management (an entity under common control of the director, R M J Fox). During the year the company paid £120,000 (2023 - £120,000) to Robert Fox General Management for providing the services of R M J Fox to various productions managed by the company. At the balance sheet date the amount due to Robert Fox General Management was £nil (2022 - £nil).

R M J Fox (a director of the company). The amount due from R M J Fox during the year increased by £3,159 (2023- £7,637). The balance is interest free and repayable on demand. At the balance sheet date the amount due from R M J Fox was £18,750 (2023 - £15,592).