Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-144true2024-01-01television productiontruefalse4falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00879501 2024-01-01 2024-12-31 00879501 2023-01-01 2023-12-31 00879501 2024-12-31 00879501 2023-12-31 00879501 c:Director2 2024-01-01 2024-12-31 00879501 d:CurrentFinancialInstruments 2024-12-31 00879501 d:CurrentFinancialInstruments 2023-12-31 00879501 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00879501 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00879501 d:ShareCapital 2024-12-31 00879501 d:ShareCapital 2023-12-31 00879501 d:RetainedEarningsAccumulatedLosses 2024-12-31 00879501 d:RetainedEarningsAccumulatedLosses 2023-12-31 00879501 c:OrdinaryShareClass1 2024-01-01 2024-12-31 00879501 c:OrdinaryShareClass1 2024-12-31 00879501 c:FRS102 2024-01-01 2024-12-31 00879501 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00879501 c:FullAccounts 2024-01-01 2024-12-31 00879501 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00879501 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 00879501














DAVID PARADINE PRODUCTIONS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
DAVID PARADINE PRODUCTIONS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
DAVID PARADINE PRODUCTIONS LIMITED
REGISTERED NUMBER:00879501

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Work in progress
 4 
-
11,554

Debtors: amounts falling due within one year
 5 
57,794
45,530

Cash at bank and in hand
  
123,658
170,309

Current liabilities
  
181,452
227,393

Creditors: amounts falling due within one year
 6 
(168,574)
(163,755)

  

Net assets
  
12,878
63,638


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
11,878
62,638

  
12,878
63,638


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 May 2025.




Wilfred  Frost
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
DAVID PARADINE PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Company's legal form is that of a private limited liability company registered in England & Wales with its registered office and business address at 5 Elstree Gate, Elstree Way, Borehamwood, WD6 1JD. 
The principal activity of the Company is that of television production.

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.
Production revenue is recognised as production activity progresses to reflect the value of work carried out during the year. 
Sums receivable from distributors are recognised on a receivable basis in accordance with distribution agreements, unless an advance is received, in which case turnover is then recognised on the later of the licence period start date or completion of all deliverables. 
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. 

 
2.3

Work in progress

Work in progress represents the costs incurred on development projects and productions in progress at the year end.

 
2.4

Debtors

Short term debtors are measured at the transaction price.

 
2.5

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.

 
2.6

Creditors

Short term creditors are measured at the transaction price. 

Page 2

 
DAVID PARADINE PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

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.



3.


Employees

The directors were the only employees during the current and preceding period.



4.


Work in progress

2024
2023
£
£

Production costs
-
11,554


Page 3

 
DAVID PARADINE PRODUCTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
40,529
-

Other debtors
1,061
-

Prepayments and accrued income
16,204
45,530

57,794
45,530



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
147,075
163,755

Corporation tax
21,499
-

168,574
163,755



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 Ordinary shares of £1 each
1,000
1,000



8.


Contingent liabilities

The company is included in the David Paradine Limited group registration for VAT purposes and is therefore jointly and severally liable for all the other group companies' unpaid debts in this connection. At 31 December 2024, the potential liability was £Nil (2023 - £Nil).


9.


Controlling party

The directors regard Paradine Holdings Limited, a company registered in England and Wales, as the ultimate parent company. There is no ultimate controlling party.

 
Page 4