0 28 March 2025 false false false false false false false false false false true false false false false true false No description of principal activity 2023-06-06 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 14917498 2023-06-06 2024-03-31 14917498 2024-03-31 14917498 2023-06-05 14917498 bus:Director1 2023-06-06 2024-03-31 14917498 core:WithinOneYear 2024-03-31 14917498 core:ShareCapital 2024-03-31 14917498 core:RetainedEarningsAccumulatedLosses 2024-03-31 14917498 bus:SmallEntities 2023-06-06 2024-03-31 14917498 bus:Audited 2023-06-06 2024-03-31 14917498 bus:SmallCompaniesRegimeForAccounts 2023-06-06 2024-03-31 14917498 bus:PrivateLimitedCompanyLtd 2023-06-06 2024-03-31 14917498 bus:FullAccounts 2023-06-06 2024-03-31
COMPANY REGISTRATION NUMBER: 14917498
MM Motel Destino Production Limited
Filleted Financial Statements
31 March 2024
MM Motel Destino Production Limited
Statement of Financial Position
31 March 2024
31 Mar 24
Note
£
Current assets
Stocks
198,012
Debtors
4
5,085
Cash at bank and in hand
126
---------
203,223
Creditors: amounts falling due within one year
5
203,378
---------
Net current liabilities
155
----
Total assets less current liabilities
( 155)
----
Net liabilities
( 155)
----
Capital and reserves
Called up share capital
100
Profit and loss account
( 255)
----
Shareholder deficit
( 155)
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 28 March 2025 , and are signed on behalf of the board by:
Ms Gabrielle Tana
Director
Company registration number: 14917498
MM Motel Destino Production Limited
Notes to the Financial Statements
Period from 6 June 2023 to 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 99 Kenton Road, Harrow, HA3 0AN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Brouhaha Entertainment Limited which can be obtained from Companies House. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Stocks
Stock relates to direct production costs incurred on the production of the film during the period. The costs are recorded at the lower of costs and net realisable value, and are net of Value Added Tax.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Debtors
31 Mar 24
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
100
Other debtors
4,985
-------
5,085
-------
5. Creditors: amounts falling due within one year
31 Mar 24
£
Trade creditors
18,378
Other creditors
185,000
---------
203,378
---------
Other creditors represent a production advance which is only repayable from future income earned from exploitation of the film "Motel Destino".
6. Summary audit opinion
The auditor's report dated 28 March 2025 was unqualified .
The senior statutory auditor was Chirag Sirish Malde (FCCA) , for and on behalf of Malde & Co .
7. Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
8. Controlling party
The company's ultimate parent company and ultimate controlling party is Brouhaha Entertainment Limited a company incorporated in England and Wales. The parent undertaking of the largest and smallest group, which includes the company and for which group accounts are prepared is, Brouhaha Entertainment Limited , a company incorporated in the UK. The company's immediate controlling party is Brouhaha Entertainment UK Limited .