Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2024-08-14falsetruefalse400true 15897685 2024-08-13 15897685 2024-08-14 2025-03-31 15897685 2023-08-14 2024-08-13 15897685 2025-03-31 15897685 c:Director1 2024-08-14 2025-03-31 15897685 d:CurrentFinancialInstruments 2025-03-31 15897685 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15897685 d:ShareCapital 2025-03-31 15897685 c:OrdinaryShareClass1 2024-08-14 2025-03-31 15897685 c:OrdinaryShareClass1 2025-03-31 15897685 c:FRS102 2024-08-14 2025-03-31 15897685 c:AuditExempt-NoAccountantsReport 2024-08-14 2025-03-31 15897685 c:FullAccounts 2024-08-14 2025-03-31 15897685 c:PrivateLimitedCompanyLtd 2024-08-14 2025-03-31 15897685 e:PoundSterling 2024-08-14 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15897685









BABIES PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

 
BABIES PRODUCTIONS LIMITED
REGISTERED NUMBER: 15897685

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
Note
£

  

Current assets
  

Stocks
 4 
7,034,942

Debtors: amounts falling due within one year
 5 
2,350,614

Cash at bank and in hand
 6 
917,798

  
10,303,354

Creditors: amounts falling due within one year
 7 
(10,303,352)

Net current assets
  
 
 
2

Total assets less current liabilities
  
2

  

Net assets
  
2


Capital and reserves
  

Called up share capital 
 8 
2

  
2


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 period 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 comprehensive income 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 10 July 2025.




N Blair
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BABIES PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

Babies Productions Limited is a private company limited by shares and is incorporated in England. The address of the registered office is 71 Queen Victoria Street, London, United Kingdom, EC4V 4BE.
The company was incorporated on 14 August 2024 and began trading on this date.

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

Borrowing costs

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

 
2.3

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 an expenditure credit on high end television programme production costs; the expenditure 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.

 
2.4

Stocks

Stocks comprise High end television programme production costs, which are recorded as a current asset.  High end television programme 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.

 
2.5

Debtors

Short term debtors are measured at the 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, less any impairment.

 
2.8

Financial instruments

Page 2

 
BABIES PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.8
Financial instruments (continued)

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.


3.


Employees

The average monthly number of employees, including directors, during the period was 40.


4.


Stocks

2025
£

High End Television Programme Production Costs
7,034,942

7,034,942



5.


Debtors

2025
£


Trade debtors
29,961

Amounts owed by group undertakings
1

Other debtors
544,405

Tax recoverable
1,776,247

2,350,614



6.


Cash and cash equivalents

2025
£

Cash at bank and in hand
917,798

917,798


Page 3

 
BABIES PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

7.


Creditors: Amounts falling due within one year

2025
£

Bank loans
2,010,736

Trade creditors
464,008

Amounts owed to associates
281,511

Other taxation and social security
9,883

Other creditors
195,528

Accruals and deferred income
7,341,686

10,303,352



8.


Share capital

2025
£
Allotted, called up and fully paid


2 Ordinary shares of £1.00 each
2


On incorporation the company issued 1 Ordinary shares of £1 each at par for a cash consideration.
During the period, the company issued 1 Ordinary shares of £1 each at par for a cash consideration.


9.


Related party transactions

During the period, production fees totalling £109,980 and production recharges totalling £167,287 were payable to a company with common directors.  Also during the period production funding totalling £330,000 was received from the company with common directors. At the reporting date creditors include £201,000 due in respect of fees and recharges and £76,312 was due in respect of production funding.
During the period, production recharges totalling £98,000 were payable to a company with a common director.  At the reporting date, creditors include £4,200 due in respect of these recharges.
During the period, production fees totalling £109,980 were payable to a company with a common director. At the reporting date, £Nil was due in respect of these fees.


10.


Controlling party

At the reporting date there was no ultimate controlling party.

 
Page 4