Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseNo description of principal activity42truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08348051 2023-07-01 2024-06-30 08348051 2022-07-01 2023-06-30 08348051 2024-06-30 08348051 2023-06-30 08348051 c:Director2 2023-07-01 2024-06-30 08348051 d:CurrentFinancialInstruments 2024-06-30 08348051 d:CurrentFinancialInstruments 2023-06-30 08348051 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 08348051 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08348051 d:ShareCapital 2024-06-30 08348051 d:ShareCapital 2023-06-30 08348051 d:RetainedEarningsAccumulatedLosses 2024-06-30 08348051 d:RetainedEarningsAccumulatedLosses 2023-06-30 08348051 c:FRS102 2023-07-01 2024-06-30 08348051 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08348051 c:FullAccounts 2023-07-01 2024-06-30 08348051 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08348051 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 08348051









TTID PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
TTID PRODUCTIONS LIMITED
REGISTERED NUMBER: 08348051

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
-
307,966

Debtors: amounts falling due within one year
 5 
13,360
11,308

Cash at bank and in hand
 6 
20,514
267

  
33,874
319,541

Creditors: amounts falling due within one year
 7 
(35,593)
(331,440)

Net current liabilities
  
 
 
(1,719)
 
 
(11,899)

Total assets less current liabilities
  
(1,719)
(11,899)

  

Net liabilities
  
(1,719)
(11,899)


Capital and reserves
  

Called up share capital 
  
2,000
1,000

Profit and loss account
  
(3,719)
(12,899)

  
(1,719)
(11,899)


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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
Page 1

 
TTID PRODUCTIONS LIMITED
REGISTERED NUMBER: 08348051
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




B Timlett
Director

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

Page 2

 
TTID PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

TTID Productions Limited is a private company limited by shares and registered in England and Wales. The address of its registered office and principal place of business is 25 D'Arblay Street, London, England, W1F 8EJ.

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 £1,719 and is dependent on the support of its directors who have confirmed their intention to support the company. As a result the directors believe it is appropriate to prepare the accounts on the going concern basis. The financial  statements  do  not  include  adjustments  that would result from the withdrawal of this financial support.

 
2.3

Revenue

Revenue comprises distribution revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.
Where revenue received exceeds costs incurred to date and profits are not anticipated, the balance is treated as deferred income and held on the Statement of Financial Position until further costs are incurred or profits anticipated. At this point the deferred income is released to the Statement of Income and Retained Earnings.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. 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 film 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. 

 
2.5

Stocks

Stocks comprise film production costs, which are recorded as a current asset. Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company. 

 
2.6

Debtors

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

Page 3

 
TTID PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

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 other third parties and loans to related parties.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2023 - 2).


4.


Stocks

2024
2023
£
£

Film Production Costs
-
307,966

-
307,966



5.


Debtors

2024
2023
£
£


Other debtors
2,000
1,000

Tax recoverable
11,360
10,308

13,360
11,308


Page 4

 
TTID PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
20,514
267

20,514
267



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,160

Other taxation and social security
1,693
1,201

Other creditors
-
326,179

Accruals and deferred income
33,900
1,900

35,593
331,440



8.


Related party transactions

During the year fees totalling £1,057 (2023: £33,121) were due to Bill & Ben Productions Limited, a company in which B Timlett and W Jones are also directors. All transactions were carried out at arms length.


9.


Controlling party

Throughout the current and preceeding year the company was under the control of B Timlett and W Jones by virtue of their shareholding.

 
Page 5