0 false false false false false false false true false false true false false false false false true No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 13218069 2023-07-01 2024-06-30 13218069 2024-06-30 13218069 2023-06-30 13218069 2022-07-01 2023-06-30 13218069 2023-06-30 13218069 2022-06-30 13218069 bus:Director2 2023-07-01 2024-06-30 13218069 core:WithinOneYear 2024-06-30 13218069 core:WithinOneYear 2023-06-30 13218069 core:ShareCapital 2024-06-30 13218069 core:ShareCapital 2023-06-30 13218069 bus:SmallEntities 2023-07-01 2024-06-30 13218069 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13218069 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13218069 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13218069 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 13218069
Auntie Molly Limited
Filleted Unaudited Accounts
30 June 2024
Auntie Molly Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Current assets
Debtors
5
5,201
8,298
Cash at bank and in hand
36,739
-------
--------
5,201
45,037
Creditors: amounts falling due within one year
6
( 5,200)
( 45,036)
-------
--------
Net current assets
1
1
----
----
Total assets less current liabilities
1
1
----
----
Net assets
1
1
----
----
Capital and reserves
Called up share capital
1
1
----
----
Shareholders funds
1
1
----
----
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .
These accounts were approved by the board of directors and authorised for issue on 22 July 2025 , and are signed on behalf of the board by:
Y T Cochran
Director
Company registration number: 13218069
Auntie Molly Limited
Notes to the Accounts
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE, United Kingdom.
2. Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Judgements and key sources of estimation uncertainty
Accruals are estimated by reference to purchase orders raised at the year end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production, as noted in "Revenue recognition" below.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.
Revenue recognition
Turnover relates to the production of the television series entitled "The Pentaverate". It represents the value of the work done in the period, including estimates of amounts not invoiced and is stated after trade discounts, other taxes and net of VAT. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Intra-group borrowings are debt instruments and are initially measured at present value of the future cash flows and subsequently at amortised cost using an effective interest method.
4. Employees
The company has been incorporated to produce a high-end television series entitled "The Pentaverate". In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration.
5. Debtors
2024
2023
£
£
Amounts owed by group undertakings
5,200
Prepayments and accrued income
8,267
VAT recoverable
30
Other debtors
1
1
-------
-------
5,201
8,298
-------
-------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
18,365
Accruals and deferred income
5,200
26,528
Social security and other taxes
143
-------
--------
5,200
45,036
-------
--------
7. Related party transactions
As a wholly-owned subsidiary of Jax Media LLC, the Company has taken advantage of the exemption under FRS 102 Paragraph 33 on the basis that disclosure need not be given regarding related party transactions with other wholly-owned subsidiaries of the group. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.
8. Controlling party
The parent of the smallest group for which consolidated accounts are drawn up of which this company is a member is Jax Media LLC , a company incorporated in the United States of America, whose registered office is 120 Wall Street Suite 1650, New York, NY 10005.