Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01motion picture productionThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true22true 10749474 2023-05-01 2024-04-30 10749474 2022-05-01 2023-04-30 10749474 2024-04-30 10749474 2023-04-30 10749474 c:Director1 2023-05-01 2024-04-30 10749474 d:PatentsTrademarksLicencesConcessionsSimilar 2024-04-30 10749474 d:PatentsTrademarksLicencesConcessionsSimilar 2023-04-30 10749474 d:CurrentFinancialInstruments 2024-04-30 10749474 d:CurrentFinancialInstruments 2023-04-30 10749474 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10749474 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10749474 d:ShareCapital 2024-04-30 10749474 d:ShareCapital 2023-04-30 10749474 d:RetainedEarningsAccumulatedLosses 2024-04-30 10749474 d:RetainedEarningsAccumulatedLosses 2023-04-30 10749474 c:FRS102 2023-05-01 2024-04-30 10749474 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10749474 c:FullAccounts 2023-05-01 2024-04-30 10749474 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10749474 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-05-01 2024-04-30 10749474 2 2023-05-01 2024-04-30 10749474 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-05-01 2024-04-30 10749474 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10749474









RH FILM LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
RH FILM LIMITED
REGISTERED NUMBER: 10749474

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
2,569
-

Current assets
  

Debtors: amounts falling due within one year
 5 
4,497
5,392

Cash at bank and in hand
 6 
820
3,161

  
5,317
8,553

Creditors: amounts falling due within one year
 7 
(766)
(3,062)

Net current assets
  
 
 
4,551
 
 
5,491

  

Net assets
  
7,120
5,491


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
7,119
5,490

  
7,120
5,491


Page 1

 
RH FILM LIMITED
REGISTERED NUMBER: 10749474
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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 on 14 April 2025.





J M Thakrar
Director

Page 2

 
RH FILM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

RH Film Limited is a company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN.  The principal activity of the company is that of holding rights to motion picture royalty income.

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

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.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
RH FILM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

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 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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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.

Page 4

 
RH FILM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance Sheet when the company becomes party to the contractual provisions of the instrument.


3.


Employees

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


4.


Intangible assets




Royalties rights

£



Cost


Additions
2,800



At 30 April 2024

2,800



Amortisation


Charge for the year on owned assets
231



At 30 April 2024

231



Net book value



At 30 April 2024
2,569



At 30 April 2023
-



Page 5

 
RH FILM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
605
-

Other debtors
2,721
5,392

Prepayments and accrued income
1,171
-

4,497
5,392



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
820
3,161



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
165
1,381

Accruals and deferred income
601
1,681

766
3,062



8.


Related party transactions

Loans with connected companies are repayable on demand and interest free.


2024
2023
£
£

Inter-company loans to connected companies
2,721
5,392
Inter-company loans from connected companies
-
1,216

 
Page 6