Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07254709 2023-07-01 2024-06-30 07254709 2022-07-01 2023-06-30 07254709 2024-06-30 07254709 2023-06-30 07254709 c:Director1 2023-07-01 2024-06-30 07254709 d:OfficeEquipment 2023-07-01 2024-06-30 07254709 d:OfficeEquipment 2024-06-30 07254709 d:OfficeEquipment 2023-06-30 07254709 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07254709 d:CurrentFinancialInstruments 2024-06-30 07254709 d:CurrentFinancialInstruments 2023-06-30 07254709 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 07254709 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07254709 d:ShareCapital 2024-06-30 07254709 d:ShareCapital 2023-06-30 07254709 d:RetainedEarningsAccumulatedLosses 2024-06-30 07254709 d:RetainedEarningsAccumulatedLosses 2023-06-30 07254709 c:FRS102 2023-07-01 2024-06-30 07254709 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07254709 c:FullAccounts 2023-07-01 2024-06-30 07254709 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07254709 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 07254709









SCYMEK PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
SCYMEK PRODUCTIONS LIMITED
REGISTERED NUMBER: 07254709

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
263
350

  
263
350

Current assets
  

Debtors: amounts falling due within one year
 5 
339,644
324,612

Cash at bank and in hand
 6 
372,221
239,036

  
711,865
563,648

Creditors: amounts falling due within one year
 7 
(179,236)
(147,361)

Net current assets
  
 
 
532,629
 
 
416,287

Total assets less current liabilities
  
532,892
416,637

Provisions for liabilities
  

Deferred tax
  
-
(590)

  
 
 
-
 
 
(590)

Net assets
  
532,892
416,047


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
532,792
415,947

  
532,892
416,047


The director considers 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 director acknowledges his 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 profit and loss account 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
Page 1

 
SCYMEK PRODUCTIONS LIMITED
REGISTERED NUMBER: 07254709
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

26 March 2025.




Mr L Oakey
Director

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

Page 2

 
SCYMEK PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Scymek Productions Limited is a private company limited by share capital, incorporated in England and Wales under registered number 07254709. The address of the registered office is 50 Liverpool Street, London, EC2M 7PY.

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

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.

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.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
SCYMEK PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
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.

Page 4

 
SCYMEK PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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:

Office equipment
-
25%
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

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
SCYMEK PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2023
7,672



At 30 June 2024

7,672



Depreciation


At 1 July 2023
7,322


Charge for the year on owned assets
87



At 30 June 2024

7,409



Net book value



At 30 June 2024
263



At 30 June 2023
350


5.


Debtors

2024
2023
£
£


Trade debtors
89,315
169,912

Amounts owed by group undertakings
-
154,700

Other debtors
250,329
-

339,644
324,612



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
372,221
239,036

372,221
239,036


Page 6

 
SCYMEK PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,780
6,096

Amounts owed to group undertakings
-
1,652

Corporation tax
35,614
13,093

Other taxation and social security
15,118
14,079

Other creditors
8,965
2,678

Accruals and deferred income
115,759
109,763

179,236
147,361



8.


Related party transactions

Included in other debtors at the balance sheet date is an amount of £57,322 (2023:£Nil) due from a shareholder of the company. The amount is in respect of cash withdrawn in excess of expenses borne on behalf of this company. This amount is unsecured, interest free and repayable on demand.
Included in other debtors at the balance sheet date is an amount of £154,699 (2023:£Nil) due from an entity controlled by a shareholder of the company. The amount is in respect of expenses borne on behalf of this company. This amount is unsecured, interest free and repayable on demand.    
Included in other creditors at the balance sheet date is an amount of £8.964 (2023: £Nil) due to an entity controlled by a shareholder of the company. The amount is in respect of expenses borne on behalf of this company. This amount is unsecured, interest free and repayable on demand.


 
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