Company No:
Contents
| Director | J D Edginton |
| L N Kent (Resigned 19 February 2025) |
| Registered office | 2nd Floor 168 Shoreditch High Street |
| London | |
| United Kingdom |
| Business address | 50 Winstanley Crescent |
| Ramsgate | |
| Kent | |
| CT11 7ST |
| Company number | 01937901 (England and Wales) |
| Accountant | Kreston Reeves LLP |
| 2nd Floor | |
| 168 Shoreditch High Street | |
| London | |
| E1 6RA |
| Note | 2024 | 2023 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 1,645 | 2,046 | |||
| Current assets | ||||
| Debtors | 4 |
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| Cash at bank and in hand | 5 |
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| 2,993 | 2,173 | |||
| Creditors: amounts falling due within one year | 6 | (
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| Net current liabilities | (38,444) | (40,496) | ||
| Total assets less current liabilities | (36,799) | (38,450) | ||
| Creditors: amounts falling due after more than one year | 7, 10 | (
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| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 8 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of Otmoor Productions Ltd (registered number:
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J D Edginton
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Otmoor Productions Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor 168 Shoreditch High Street, London, United Kingdom.
The company's principal activity during the year was that of television producers. The company's trading address is 50 Winstanley Crescent, Ramsgate, Kent, CT11 7ST.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
| Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised
cost using the effective interest method, less any impairment.
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.
Short term creditors are measured at the transaction price.
| 2024 | 2023 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the period, including the directors |
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| Plant and machinery etc. | Total | ||
| £ | £ | ||
| Cost | |||
| At 01 December 2023 |
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| Disposals | (
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| At 30 November 2024 |
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| Accumulated depreciation | |||
| At 01 December 2023 |
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| Charge for the financial year |
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| Disposals | (
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| At 30 November 2024 |
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| Net book value | |||
| At 30 November 2024 |
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| At 30 November 2023 |
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| 2024 | 2023 | ||
| £ | £ | ||
| Other debtors |
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| £ | £ | ||
| Cash at bank and in hand |
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| £ | £ | ||
| Bank loans |
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| Other creditors |
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| 2024 | 2023 | ||
| £ | £ | ||
| Bank loans |
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| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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During the year, the director paid expenses personally on behalf of the company amounting to £7,526 (2023: £6,953). The company has also made repayments to the director in the year amounting to £9,213 (2023: £23,566). As at 30 November 2024 the other creditors includes £39,118 (2023 £40,805) owed to the director.
Analysis of the maturity of loans is given below:
| 2024 | 2023 | ||
| £ | £ | ||
| Bank loans - Amounts falling due within one year | (569) | (614) |
| 2024 | 2023 | ||
| £ | £ | ||
| Bank loans - Amounts falling due 2-5 years | (738) | (1,253) |
The company is controlled by John Edginton by virtue of the fact he owns 100% of the issued share capital.