Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-28true2023-06-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09518496 2023-06-01 2024-05-31 09518496 2022-06-01 2023-05-31 09518496 2024-05-31 09518496 2023-05-31 09518496 c:Director1 2023-06-01 2024-05-31 09518496 d:ComputerEquipment 2023-06-01 2024-05-31 09518496 d:ComputerEquipment 2024-05-31 09518496 d:ComputerEquipment 2023-05-31 09518496 d:CurrentFinancialInstruments 2024-05-31 09518496 d:CurrentFinancialInstruments 2023-05-31 09518496 d:Non-currentFinancialInstruments 2024-05-31 09518496 d:Non-currentFinancialInstruments 2023-05-31 09518496 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09518496 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09518496 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 09518496 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 09518496 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 09518496 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 09518496 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 09518496 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 09518496 d:ShareCapital 2024-05-31 09518496 d:ShareCapital 2023-05-31 09518496 d:SharePremium 2024-05-31 09518496 d:SharePremium 2023-05-31 09518496 d:RetainedEarningsAccumulatedLosses 2024-05-31 09518496 d:RetainedEarningsAccumulatedLosses 2023-05-31 09518496 c:FRS102 2023-06-01 2024-05-31 09518496 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09518496 c:FullAccounts 2023-06-01 2024-05-31 09518496 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09518496 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 09518496









FAT PICTURES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
FAT PICTURES LIMITED
REGISTERED NUMBER: 09518496

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
-
172

Cash at bank and in hand
 6 
1,021
247

  
1,021
419

Creditors: amounts falling due within one year
 7 
(50,726)
(47,445)

Net current liabilities
  
 
 
(49,705)
 
 
(47,026)

Total assets less current liabilities
  
(49,705)
(47,026)

Creditors: amounts falling due after more than one year
 8 
(624)
(1,029)

  

Net liabilities
  
(50,329)
(48,055)


Capital and reserves
  

Called up share capital 
  
1,500
1,500

Share premium account
  
148,500
148,500

Profit and loss account
  
(200,329)
(198,055)

  
(50,329)
(48,055)


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 on 28 May 2025.




N Thompson
Director
Page 1

 
FAT PICTURES LIMITED
REGISTERED NUMBER: 09518496
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024


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

Page 2

 
FAT PICTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Fat Pictures Limited is a company limited by shares incorporated in the United Kingdom. The address of its registered office is 124 Finchley Road, London, NW3 5JS. Its principal place of business is 36C Aberdeen Road, London, N5 2UH. 

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

Going concern

At the reporting date, the company had net liabilities of £50,329 and meets its day to day working capital requirements through loans from its director and support from creditors.
After reviewing the company's funding facilities, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.  The director therefore continues to adopt the going concern basis in preparing the company's financial statements but with the proviso that a material uncertainly exists over the company’s future.

 
2.3

Revenue

Revenue comprises production fees receivable and are recognised in the period in which the service is performed.

 
2.4

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 years straight line

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.

Page 3

 
FAT PICTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Debtors

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

 
2.6

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.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Borrowing costs

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


3.


Employees

The average monthly number of employees, including directors, during the Year was 1 (2023 - 1).

Page 4

 
FAT PICTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 June 2023
780



At 31 May 2024

780



Depreciation


At 1 June 2023
780



At 31 May 2024

780



Net book value



At 31 May 2024
-



At 31 May 2023
-


5.


Debtors

2024
2023
£
£


Other debtors
-
172

-
172



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,021
247

1,021
247


Page 5

 
FAT PICTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
405
395

Trade creditors
1,350
553

Other taxation and social security
351
-

Other creditors
39,045
36,797

Accruals and deferred income
9,575
9,700

50,726
47,445



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
624
1,029

624
1,029



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
405
395


405
395

Amounts falling due 1-2 years

Bank loans
415
405


415
405

Amounts falling due 2-5 years

Bank loans
209
624


209
624


1,029
1,424


Page 6

 
FAT PICTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


Related party transactions

At the reporting date, creditors include £35,395 (2023: £33,147) due to the director.


11.


Controlling party

During the period the company was under the control of N Thompson, the director of the company.

 
Page 7