Company No:
Contents
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 |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Intangible assets | 3 |
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Tangible assets | 4 |
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Investments | 5 |
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144,239 | 144,637 | |||
Current assets | ||||
Debtors | 6 |
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Investments | 7 |
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Cash at bank and in hand |
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1,441,060 | 1,846,102 | |||
Creditors: amounts falling due within one year | 8 | (
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Net current assets | 926,740 | 1,250,402 | ||
Total assets less current liabilities | 1,070,979 | 1,395,039 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Share premium account |
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Capital redemption reserve |
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Profit and loss account |
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Total shareholder's funds |
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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:
R M J Fox
Director |
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.
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 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.
Transactions in foreign currencies are translated at the average rate for the year. Exchange differences are taken to the profit and loss account.
Income arising from producer fees, production rights and other production investments are recognised at the point services are provided.
Other intangible assets | not amortised |
Vehicles |
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Fixtures and fittings |
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Office equipment |
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Other property, plant and equipment | not depreciated |
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 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.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year |
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Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 01 July 2023 |
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At 30 June 2024 |
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Accumulated amortisation | |||
At 01 July 2023 |
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At 30 June 2024 |
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Net book value | |||
At 30 June 2024 |
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At 30 June 2023 |
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Vehicles | Fixtures and fittings | Office equipment | Other property, plant and equipment |
Total | |||||
£ | £ | £ | £ | £ | |||||
Cost | |||||||||
At 01 July 2023 |
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At 30 June 2024 |
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Accumulated depreciation | |||||||||
At 01 July 2023 |
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Charge for the financial year |
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At 30 June 2024 |
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Net book value | |||||||||
At 30 June 2024 |
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At 30 June 2023 |
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2024 | 2023 | ||
£ | £ | ||
Subsidiary undertakings |
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Participating interests |
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101,844 | 101,844 |
Investments in subsidiaries
2024 | |
£ | |
Cost | |
At 01 July 2023 |
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At 30 June 2024 |
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Carrying value at 30 June 2024 |
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Carrying value at 30 June 2023 |
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Investments in associates | Total | ||
£ | £ | ||
Cost or valuation before impairment | |||
At 01 July 2023 |
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At 30 June 2024 |
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Carrying value at 30 June 2024 |
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Carrying value at 30 June 2023 |
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Investments in shares
Name of entity | Registered office | Principal activity | Class of shares |
Ownership 30.06.2024 |
Ownership 30.06.2023 |
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United Kingdom | Theatrical agents |
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United States of America | Theatrical productions |
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United Kingdom | Theatrical productions |
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2024 | 2023 | ||
£ | £ | ||
Trade debtors |
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Amounts owed by group undertakings (note 9) |
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Corporation tax |
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Other debtors |
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2024 | 2023 | ||
£ | £ | ||
Other investments |
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2024 | 2023 | ||
£ | £ | ||
Amounts owed to group undertakings (note 9) |
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Taxation and social security |
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Other creditors |
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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).