Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312025-05-275The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activitytrue02023-11-01false 07008487 2023-11-01 2024-10-31 07008487 2022-11-01 2023-10-31 07008487 2024-10-31 07008487 2023-10-31 07008487 c:Director1 2023-11-01 2024-10-31 07008487 d:CurrentFinancialInstruments 2024-10-31 07008487 d:CurrentFinancialInstruments 2023-10-31 07008487 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 07008487 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07008487 d:ShareCapital 2024-10-31 07008487 d:ShareCapital 2023-10-31 07008487 d:RetainedEarningsAccumulatedLosses 2024-10-31 07008487 d:RetainedEarningsAccumulatedLosses 2023-10-31 07008487 c:FRS102 2023-11-01 2024-10-31 07008487 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07008487 c:FullAccounts 2023-11-01 2024-10-31 07008487 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07008487 2 2023-11-01 2024-10-31 07008487 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 07008487









SEABRIGHT PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
SEABRIGHT PRODUCTIONS LIMITED
REGISTERED NUMBER: 07008487

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
9,890
211,928

Cash at bank and in hand
  
68
2,332

  
9,958
214,260

Creditors: amounts falling due within one year
 5 
(2,000)
(157,999)

Net current assets
  
 
 
7,958
 
 
56,261

Total assets less current liabilities
  
7,958
56,261

  

Net assets
  
7,958
56,261


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
7,957
56,260

  
7,958
56,261


The Director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his 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 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 on 27 May 2025.




J A R Seabright
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
SEABRIGHT PRODUCTIONS LIMITED
REGISTERED NUMBER: 07008487
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024


Page 2

 
SEABRIGHT PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

Seabright Productions Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 7-10 Adam Street, London, WC2N 6AA.

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

Going concern

The company meets its day to day working capital requirements through its own resources which has provided funds specifically to invest in theatrical productions.
The director has prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the reserves and cash held, indicate that the company has adequate resources to continue in operational existence for the foreseeable future. It is, however, difficult to determine the assumptions that will prove to be the most appropriate therefore there is an element of uncertainty existing.
After reviewing the forecasts and projections, at the time of approving these financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The director therefore considers it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises net box office receipts and amounts receivable for services supplied during the period. Revenue is recognised in the Statement of Comprehensive Income in the period it is contractually due.

 
2.4

Debtors

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

 
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.

Page 3

 
SEABRIGHT PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

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 banks and other third parties and loans to related parties.

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
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

Pensions

Defined contribution pension plan

The Company operates 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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Interest income

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

 
2.11

Taxation

Tax is recognised in the statement of comprehensive income. 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.
The Company is eligible to claim a tax credit on theatre production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.


3.


Employees

The average monthly number of employees, including directors, during the period was 0 (2023 - 5).


4.


Debtors

2024
2023
£
£

Page 4

 
SEABRIGHT PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

4.Debtors (continued)


Trade debtors
-
87,562

Other debtors
9,890
124,366

9,890
211,928



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
999

Accruals and deferred income
2,000
157,000

2,000
157,999



6.


Controlling party

During the current and preceeding year, the company was under the control of J A R Seabright by virtue of his shareholding.

 
Page 5