Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312023-09-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08185461 2023-09-01 2024-08-31 08185461 2022-09-01 2023-08-31 08185461 2024-08-31 08185461 2023-08-31 08185461 2022-09-01 08185461 c:Director1 2023-09-01 2024-08-31 08185461 d:PlantMachinery 2023-09-01 2024-08-31 08185461 d:PlantMachinery 2024-08-31 08185461 d:PlantMachinery 2023-08-31 08185461 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08185461 d:CurrentFinancialInstruments 2024-08-31 08185461 d:CurrentFinancialInstruments 2023-08-31 08185461 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 08185461 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08185461 d:ShareCapital 2024-08-31 08185461 d:ShareCapital 2023-08-31 08185461 d:RetainedEarningsAccumulatedLosses 2024-08-31 08185461 d:RetainedEarningsAccumulatedLosses 2023-08-31 08185461 c:FRS102 2023-09-01 2024-08-31 08185461 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08185461 c:FullAccounts 2023-09-01 2024-08-31 08185461 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08185461 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 08185461 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 08185461 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 08185461









PARKER PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
PARKER PRODUCTIONS LIMITED
REGISTERED NUMBER: 08185461

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
30
52

  
30
52

Current assets
  

Debtors: amounts falling due within one year
 5 
524
-

Cash at bank and in hand
  
112,420
152,715

  
112,944
152,715

Creditors: amounts falling due within one year
 6 
(66,244)
(84,880)

Net current assets
  
 
 
46,700
 
 
67,835

Total assets less current liabilities
  
46,730
67,887

Provisions for liabilities
  

Deferred tax
 7 
(29)
(29)

  
 
 
(29)
 
 
(29)

Net assets
  
46,701
67,858


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
46,700
67,857

  
46,701
67,858


Page 1

 
PARKER PRODUCTIONS LIMITED
REGISTERED NUMBER: 08185461
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

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 year 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 by: 




Oliver Parker
Director

Date: 22 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PARKER PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Parker Productions Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 19 Kingswood Avenue, London, NW6 6LG.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

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.  Revenue represents amounts receivable in respect to motion picure and video production activities.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
PARKER PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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 reporting date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
45%
on written down value

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

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

Page 4

 
PARKER PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Creditors

Short term creditors are measured at the transaction price. 

 
2.10

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.

 
2.11

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.


3.


Employees

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

Page 5

 
PARKER PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Plant and machinery

£



Cost


At 1 September 2023
2,873



At 31 August 2024

2,873



Depreciation


At 1 September 2023
2,821


Charge for the year on owned assets
22



At 31 August 2024

2,843



Net book value



At 31 August 2024
30



At 31 August 2023
52


5.


Debtors

2024
2023
£
£


Trade debtors
524
-

524
-


Page 6

 
PARKER PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
20,000
20,000

Trade creditors
-
1,191

Corporation tax
38,515
39,577

Other taxation and social security
5,148
5,598

Other creditors
581
16,514

Accruals
2,000
2,000

66,244
84,880



7.


Deferred taxation




2024
2023


£

£






At beginning of year
(29)
(17)


Charged to profit or loss
-
(12)



At end of year
(29)
(29)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
29
29

29
29


8.


Related party transactions

Included within Other loans is an amount of £20,000 (2023: £20,000) which has been provided by a company of which Oliver Parker is also a director. The loan is interest free, unsecured and repayable on demand.
The director has provided the company with interest free funding which is unsecured and repayable on demand. At the balance sheet date the company owed £581 (2023: £16,514) to the director.

 
Page 7