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REGISTERED NUMBER: SC530123 (Scotland)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RED SKY PRODUCTIONS LIMITED

RED SKY PRODUCTIONS LIMITED (REGISTERED NUMBER: SC530123)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RED SKY PRODUCTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Jane Kathryn Rogerson
Julian Delisle Burns
Alex Graham



SECRETARY: Jane Kathryn Rogerson



REGISTERED OFFICE: Greystonelea
Finnery Road
Gartocharn
G83 8SD



REGISTERED NUMBER: SC530123 (Scotland)



ACCOUNTANTS: Stewart Gilmour & Co.
Chartered Accountants
3rd Floor, St George's Buildings
5 St Vincent Place
Glasgow
G1 2DH



BANKERS: Arbuthnot Latham & Co. Limited
Arbuthnot House
7 Wilson Street
London
EC2M 2SN

RED SKY PRODUCTIONS LIMITED (REGISTERED NUMBER: SC530123)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 671

CURRENT ASSETS
Debtors 5 151,779 223,018
Cash at bank and in hand 166,209 301,586
317,988 524,604
CREDITORS
Amounts falling due within one year 6 235,037 471,018
NET CURRENT ASSETS 82,951 53,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,951

54,257

PROVISIONS FOR LIABILITIES - 167
NET ASSETS 82,951 54,090

CAPITAL AND RESERVES
Called up share capital 7 100 100
Share premium 478,741 478,741
Retained earnings (395,890 ) (424,751 )
SHAREHOLDERS' FUNDS 82,951 54,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RED SKY PRODUCTIONS LIMITED (REGISTERED NUMBER: SC530123)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by:





Jane Kathryn Rogerson - Director


RED SKY PRODUCTIONS LIMITED (REGISTERED NUMBER: SC530123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Red Sky Productions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost
Furniture and fixtures - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants received in respect of expenditure charged in the profit and loss account during the year have been included in the profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

RED SKY PRODUCTIONS LIMITED (REGISTERED NUMBER: SC530123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 28,386
DEPRECIATION
At 1 October 2023 27,715
Charge for year 671
At 30 September 2024 28,386
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 671

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 127,109 206,936
Other debtors 24,670 16,082
151,779 223,018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 72,625 148,932
Taxation and social security 9,902 21,545
Other creditors 152,510 300,541
235,037 471,018

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3,500 Ordinary "A" £0.01 35 35
6,500 Ordinary "B" £0.01 65 65
100 100

8. SECURED DEBTS

Included within cash at bank and in hand at 30 September 2024 was £132,726 in designated trust accounts on behalf of television companies and sponsors (2023 : £272,773).