Wooden Horse Production Limited 08261029 false 2023-04-06 2024-04-05 2024-04-05 The principal activity of the company is motion picture production activities. Digita Accounts Production Advanced 6.30.9574.0 true 08261029 2023-04-06 2024-04-05 08261029 2024-04-05 08261029 core:FinancialAssetsCostLessImpairment 2024-04-05 08261029 core:CurrentFinancialInstruments 2024-04-05 08261029 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 08261029 bus:SmallEntities 2023-04-06 2024-04-05 08261029 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 08261029 bus:FullAccounts 2023-04-06 2024-04-05 08261029 bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 08261029 bus:RegisteredOffice 2023-04-06 2024-04-05 08261029 bus:Director1 2023-04-06 2024-04-05 08261029 bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 08261029 countries:England 2023-04-06 2024-04-05 08261029 2022-04-06 2023-04-05 08261029 2023-04-05 08261029 core:CurrentFinancialInstruments 2023-04-05 08261029 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 iso4217:GBP xbrli:pure

Registration number: 08261029

Wooden Horse Production Limited

Unaudited Filleted Financial Statements

for the Year Ended 5 April 2024

 

Wooden Horse Production Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Wooden Horse Production Limited

Company Information

Director

SA Whitley

Registered office

12A Fleet Business Park
Fleet
Hants
GU52 8BF

 

Wooden Horse Production Limited

(Registration number: 08261029)
Balance Sheet as at 5 April 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

980,373

951,160

Current assets

 

Debtors

5

125,000

29,000

Cash at bank and in hand

 

152,187

133,664

 

277,187

162,664

Creditors: Amounts falling due within one year

6

(303,448)

(179,831)

Net current liabilities

 

(26,261)

(17,167)

Net assets

 

954,112

933,993

Capital and reserves

 

Called up share capital

900,000

900,000

Retained earnings

54,112

33,993

Shareholders' funds

 

954,112

933,993

For the financial year ending 5 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 April 2025
 

.........................................
SA Whitley
Director

 

Wooden Horse Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12A Fleet Business Park
Fleet
Hants
GU52 8BF
England

These financial statements were authorised for issue by the director on 4 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Changes in accounting policy

The following have been applied for the first time from 6 April 2023 and have had an effect on the financial statements:

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investments

Fixed asset investments are included in the company's balance sheet at cost less any amounts written off for permanent diminution in value. Dividends received are included in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Wooden Horse Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Wooden Horse Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

4

Other financial assets (current and non-current)

Unlisted Investment
£

Total
£

Non-current financial assets

Cost or valuation

At 6 April 2023

951,160

951,160

Additions

29,213

29,213

At 5 April 2024

980,373

980,373

Impairment

Carrying amount

At 5 April 2024

980,373

980,373

5

Debtors

Current

2024
£

2023
£

Other debtors

125,000

29,000

 

125,000

29,000

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

35,495

37,138

Accruals and deferred income

-

14,940

Other creditors

267,953

127,753

303,448

179,831