Caseware UK (AP4) 2024.0.164 2024.0.164 2023-12-312023-12-312023-01-01falseTelevision programme production33falsetrue 07935471 2023-01-01 2023-12-31 07935471 2022-01-01 2022-12-31 07935471 2023-12-31 07935471 2022-12-31 07935471 c:Director5 2023-01-01 2023-12-31 07935471 d:FurnitureFittings 2023-01-01 2023-12-31 07935471 d:FurnitureFittings 2023-12-31 07935471 d:FurnitureFittings 2022-12-31 07935471 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07935471 d:OfficeEquipment 2023-01-01 2023-12-31 07935471 d:OfficeEquipment 2023-12-31 07935471 d:OfficeEquipment 2022-12-31 07935471 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07935471 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07935471 d:CurrentFinancialInstruments 2023-12-31 07935471 d:CurrentFinancialInstruments 2022-12-31 07935471 d:Non-currentFinancialInstruments 2023-12-31 07935471 d:Non-currentFinancialInstruments 2022-12-31 07935471 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07935471 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07935471 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07935471 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07935471 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 07935471 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 07935471 d:ShareCapital 2023-12-31 07935471 d:ShareCapital 2022-12-31 07935471 d:SharePremium 2023-12-31 07935471 d:SharePremium 2022-12-31 07935471 d:RetainedEarningsAccumulatedLosses 2023-12-31 07935471 d:RetainedEarningsAccumulatedLosses 2022-12-31 07935471 c:OrdinaryShareClass1 2023-01-01 2023-12-31 07935471 c:OrdinaryShareClass1 2023-12-31 07935471 c:OrdinaryShareClass1 2022-12-31 07935471 c:OrdinaryShareClass2 2023-01-01 2023-12-31 07935471 c:OrdinaryShareClass2 2023-12-31 07935471 c:OrdinaryShareClass2 2022-12-31 07935471 c:FRS102 2023-01-01 2023-12-31 07935471 c:Audited 2023-01-01 2023-12-31 07935471 c:FullAccounts 2023-01-01 2023-12-31 07935471 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07935471 d:Subsidiary1 2023-01-01 2023-12-31 07935471 d:Subsidiary1 1 2023-01-01 2023-12-31 07935471 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07935471 6 2023-01-01 2023-12-31 07935471 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 07935471














NOHO FILM AND TELEVISION LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
NOHO FILM AND TELEVISION LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 7


 
NOHO FILM AND TELEVISION LIMITED
REGISTERED NUMBER:07935471

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
5

Investments
 5 
100
100

  
100
105

Current assets
  

Work in progress
  
2,500
2,500

Debtors: amounts falling due within one year
 6 
217,386
357,010

Cash at bank and in hand
  
56,575
22,652

  
276,461
382,162

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(93,565)
(90,181)

Net current assets
  
 
 
182,896
 
 
291,981

Total assets less current liabilities
  
182,996
292,086

Creditors: amounts falling due after more than one year
 8 
(767,836)
(720,339)

Net liabilities
  
(584,840)
(428,253)


Capital and reserves
  

Called up share capital 
 10 
4
4

Share premium account
  
1,499,998
1,499,998

Profit and loss account
  
(2,084,842)
(1,928,255)

  
(584,840)
(428,253)


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 on 31 December 2024.



R F A Wulff-cochrane
Director

The notes on pages 2 to 7 form part of these financial statements.
Page 1

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Noho Film and Television Limited is a private limited liability company incorporated in England and Wales, registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD. 
The principal activity of the Company is content creation for television drama and film production.
The Company's functional and presentational currency is £ Sterling.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors have prepared projected cash flow information for the period ending twelve months from the date of their approval of these financial statements. The directors are aware that the nature of the Company’s business is such that there can be considerable unpredictable variations in cash inflows. Based on confirmation by the Company's loan creditor that it will not seek repayment for at least twelve months from the date of the directors' approval of these financial statements and the projected cash flow information, the directors considers it appropriate to prepare the financial statements on a going concern basis. 

 
2.4

Turnover

Turnover comprises production fees and royalties receivable exclusive of VAT.
Production turnover and gross profit are recognised over the period of the production, on a stage of completion and straight line basis respectively.
Development turnover is recognised when the actual development costs is incurred.
Royalties receivable are accounted for on a royalty earnings basis as part of turnover. Non-returnable, recoupable advances are accounted for on completion of delivery requirements.

Page 2

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
straight line
Office equipment
-
33%
straight line

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Work in progress

Production development costs are carried forward as work in progress at cost where, in the opinion of the directors, they are expected to prove recoverable in the future.

 
2.8

Debtors

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

 
2.9

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.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from and to related parties and investments in non-puttable ordinary shares. 

 
2.11

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.

Page 3

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.12

Finance costs

Finance costs are charged to the statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.13

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.14

Taxation

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 reporting date in the countries where the Company operates and generates income.

Tax is recognised in the statement of comprehensive income 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 reporting date in the countries where the Company operates and generates income


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost


At 1 January 2023
1,711
5,472
7,183



At 31 December 2023

1,711
5,472
7,183



Depreciation


At 1 January 2023
1,711
5,467
7,178


Charge for the year on owned assets
-
5
5



At 31 December 2023

1,711
5,472
7,183



Net book value



At 31 December 2023
-
-
-



At 31 December 2022
-
5
5


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2023
100



At 31 December 2023
100


Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Principal activity

Class of shares

Holding

Tell Me Everything Ltd
Content creation for broadcast media
Ordinary
100%

The registered office address of the above subsidiary is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD. 

Page 5

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£

Trade debtors
35,892
705

Amounts owed by group undertakings
144,297
337,212

Other debtors
17,200
16,903

Prepayments and accrued income
19,997
2,190

217,386
357,010



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,954
10,265

Taxation and social security
5,126
24,920

Accruals and deferred income
80,485
54,996

93,565
90,181



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Shareholder's loan
767,836
720,339



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due 1-2 years

Shareholder's loan
767,836
720,339


Page 6

 
NOHO FILM AND TELEVISION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary A shares of £1 each
2
2
2 (2022 - 2) Ordinary B shares of £1 each
2
2

4

4



11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:
In forming our opinion on the financial statement, we have considered the adequacy of the disclosure in Note 2.3 concerning the preparation of the financial statements on a going concern basis. Our opinion is not qualified in this respect.

The audit report was signed on 31 December 2024 by Stephen Iseman FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

 
Page 7