Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false22023-04-01No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10409708 2023-04-01 2024-03-31 10409708 2022-04-01 2023-03-31 10409708 2024-03-31 10409708 2023-03-31 10409708 c:Director2 2023-04-01 2024-03-31 10409708 d:CurrentFinancialInstruments 2024-03-31 10409708 d:CurrentFinancialInstruments 2023-03-31 10409708 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10409708 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10409708 d:ShareCapital 2024-03-31 10409708 d:ShareCapital 2023-03-31 10409708 d:RetainedEarningsAccumulatedLosses 2024-03-31 10409708 d:RetainedEarningsAccumulatedLosses 2023-03-31 10409708 c:FRS102 2023-04-01 2024-03-31 10409708 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10409708 c:FullAccounts 2023-04-01 2024-03-31 10409708 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10409708 2 2023-04-01 2024-03-31 10409708 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10409708









FIREBIRD PRODUCTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
FIREBIRD PRODUCTION LIMITED
REGISTERED NUMBER: 10409708

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
2,506,876
2,662,745

Debtors: amounts falling due within one year
 5 
1,347
10,422

Cash at bank and in hand
 6 
7,245
25,988

  
2,515,468
2,699,155

Creditors: amounts falling due within one year
 7 
(2,515,467)
(2,709,460)

Net current assets/(liabilities)
  
 
 
1
 
 
(10,305)

Total assets less current liabilities
  
1
(10,305)

  

Net assets/(liabilities)
  
1
(10,305)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
-
(10,306)

  
1
(10,305)


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.
 
Page 1

 
FIREBIRD PRODUCTION LIMITED
REGISTERED NUMBER: 10409708
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024


The Company has opted not to file the statement of income and retained earnings 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: 



P Rebane
Director

Date: 31 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FIREBIRD PRODUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Firebird Production Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, England, NW3 5JS and its principal place of business is Oaks Cottage, East Street, RH12 4RD, UK.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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.

 
2.3

Revenue

Production income is recognised in the Statement of Income and Retained Earnings in the period it is contractually due and expended on production and other costs.

 
2.4

Interest income

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

 
2.5

Stocks

Stocks comprise film production costs, which are recorded as a current asset. Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company.

 
2.6

Debtors

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

Page 3

 
FIREBIRD PRODUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

 
2.8

Creditors

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


3.


Employees

The average monthly number of employees, including directors, during the year was 2.


4.


Stocks

2024
2023
£
£

Film production costs
2,506,876
2,662,745

2,506,876
2,662,745


Page 4

 
FIREBIRD PRODUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
877
9,498

Other debtors
-
454

Prepayments and accrued income
470
470

1,347
10,422



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7,245
25,988

7,245
25,988



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
9,566
13,949

Other taxation and social security
218
-

Other creditors
2,453,322
2,650,150

Accruals and deferred income
52,361
45,361

2,515,467
2,709,460



8.


Controlling party

During the period, the company was under the control of P Rebane by virtue of their shareholding.

 
Page 5