1 1 DFA Productions Limited 05558622 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the coordination of corporate events. Digita Accounts Production Advanced 6.30.9574.0 true true 05558622 2023-11-01 2024-10-31 05558622 2024-10-31 05558622 bus:OrdinaryShareClass1 2024-10-31 05558622 core:RetainedEarningsAccumulatedLosses 2024-10-31 05558622 core:ShareCapital 2024-10-31 05558622 core:CurrentFinancialInstruments 2024-10-31 05558622 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 05558622 core:Goodwill 2024-10-31 05558622 core:FurnitureFittingsToolsEquipment 2024-10-31 05558622 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-10-31 05558622 bus:SmallEntities 2023-11-01 2024-10-31 05558622 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 05558622 bus:FilletedAccounts 2023-11-01 2024-10-31 05558622 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05558622 bus:RegisteredOffice 2023-11-01 2024-10-31 05558622 bus:Director1 2023-11-01 2024-10-31 05558622 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 05558622 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05558622 core:Goodwill 2023-11-01 2024-10-31 05558622 core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 05558622 countries:EnglandWales 2023-11-01 2024-10-31 05558622 2023-10-31 05558622 core:Goodwill 2023-10-31 05558622 core:FurnitureFittingsToolsEquipment 2023-10-31 05558622 2022-11-01 2023-10-31 05558622 2023-10-31 05558622 bus:OrdinaryShareClass1 2023-10-31 05558622 core:RetainedEarningsAccumulatedLosses 2023-10-31 05558622 core:ShareCapital 2023-10-31 05558622 core:CurrentFinancialInstruments 2023-10-31 05558622 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 05558622 core:Goodwill 2023-10-31 05558622 core:FurnitureFittingsToolsEquipment 2023-10-31 05558622 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 05558622

DFA Productions Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

DFA Productions Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

DFA Productions Limited

(Registration number: 05558622)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Intangible assets

4

 

7,000

 

14,000

Current assets

   

 

Debtors

6

429

 

420

 

Creditors: Amounts falling due within one year

7

(58,666)

 

(52,776)

 

Net current liabilities

   

(58,237)

 

(52,356)

Net liabilities

   

(51,237)

 

(38,356)

Capital and reserves

   

 

Called up share capital

9

1,000

 

1,000

 

Retained earnings

(52,237)

 

(39,356)

 

Shareholders' deficit

   

(51,237)

 

(38,356)

 

DFA Productions Limited

(Registration number: 05558622)
Balance Sheet as at 31 October 2024

For the financial year ending 31 October 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 his 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 and 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 30 April 2025
 

.........................................
D J Fowler
Director

   
     
 

DFA Productions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

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

The address of its registered office is:
York House
Cottingley Business Park
Bradford
West Yorkshire
BD16 1PE

These financial statements were authorised for issue by the director on 30 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including the disclosure and presentation requirements of Section 1A and the Companies Act 2006.

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.

The company's functional and presentation currency is pounds sterling.

Going concern

The company has the ongoing support of the director who has confirmed they will not call for repayment of their loan on terms that would be prejudicial to the companies continuing activities. Having considered the validity of the going concern concept in relation to these accounts, the director has concluded that the company will continue in operation for the foreseeable future and has therefore prepared the financial statements on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% straight line basis

 

DFA Productions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

5% straight line basis

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.

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

 

 

DFA Productions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

3

Staff numbers

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

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 November 2023

140,000

140,000

At 31 October 2024

140,000

140,000

Amortisation

At 1 November 2023

133,000

133,000

At 31 October 2024

133,000

133,000

Carrying amount

At 31 October 2024

7,000

7,000

At 31 October 2023

14,000

14,000

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 November 2023

2,664

2,664

At 31 October 2024

2,664

2,664

Depreciation

At 1 November 2023

2,664

2,664

At 31 October 2024

2,664

2,664

Carrying amount

At 31 October 2024

-

-

At 31 October 2023

-

-

 

DFA Productions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

6

Debtors

2024
£

2023
£

Other debtors

429

420

429

420

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

54,504

50,981

Trade creditors

 

2,322

195

Accruals and deferred income

 

1,840

1,600

 

58,666

52,776

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

915

1,385

Bank overdrafts

9,182

6,918

Other borrowings

44,407

42,678

54,504

50,981

9

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000

       
 

DFA Productions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

10

Related party transactions

Expenditure with and payables to related parties

2024

Key management
£

Amounts payable to related party

44,407

2023

Key management
£

Amounts payable to related party

42,678