Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302023-12-01truefalsetruefalseMotion pictures22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14509250 2023-12-01 2024-11-30 14509250 2022-11-28 2023-11-30 14509250 2024-11-30 14509250 2023-11-30 14509250 c:Director1 2023-12-01 2024-11-30 14509250 d:CurrentFinancialInstruments 2024-11-30 14509250 d:CurrentFinancialInstruments 2023-11-30 14509250 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 14509250 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14509250 d:ShareCapital 2024-11-30 14509250 d:ShareCapital 2023-11-30 14509250 d:RetainedEarningsAccumulatedLosses 2024-11-30 14509250 d:RetainedEarningsAccumulatedLosses 2023-11-30 14509250 c:OrdinaryShareClass1 2023-12-01 2024-11-30 14509250 c:OrdinaryShareClass1 2024-11-30 14509250 c:OrdinaryShareClass1 2023-11-30 14509250 c:FRS102 2023-12-01 2024-11-30 14509250 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 14509250 c:FullAccounts 2023-12-01 2024-11-30 14509250 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 14509250 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14509250














SQUARE EYED PICTURES LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

 
SQUARE EYED PICTURES LTD
 

CONTENTS



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


 
SQUARE EYED PICTURES LTD
REGISTERED NUMBER:14509250

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
108
2

Cash at bank and in hand
  
1,985
-

  
2,093
2

Creditors: amounts falling due within one year
 5 
(5,350)
-

Net current (liabilities)/assets
  
 
 
(3,257)
 
 
2

Total assets less current liabilities
  
(3,257)
2

  

Net (liabilities)/assets
  
(3,257)
2


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(3,259)
-

  
(3,257)
2


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 year 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 by: 


B Caron
Director

Date: 21 March 2025

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

Page 1

 
SQUARE EYED PICTURES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Square Eyed Pictures Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of motion picture production however, the company has not yet started trading.

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

The financial statements have been prepared on the assumption that the company is able to carry on
business into foreseeable future.

 
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.

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

 
2.4

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

Page 2

 
SQUARE EYED PICTURES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.7

Creditors

Short term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
41
2

Prepayments and accrued income
67
-

108
2


Page 3

 
SQUARE EYED PICTURES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
120
-

Other creditors
2,760
-

Accruals and deferred income
2,470
-

5,350
-


Page 4

 
SQUARE EYED PICTURES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


 
Page 5