Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31false2023-11-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC643952 2023-11-01 2024-10-31 SC643952 2022-11-01 2023-10-31 SC643952 2024-10-31 SC643952 2023-10-31 SC643952 c:Director1 2023-11-01 2024-10-31 SC643952 d:FreeholdInvestmentProperty 2023-11-01 2024-10-31 SC643952 d:FreeholdInvestmentProperty 2024-10-31 SC643952 d:FreeholdInvestmentProperty 2023-10-31 SC643952 d:CurrentFinancialInstruments 2024-10-31 SC643952 d:CurrentFinancialInstruments 2023-10-31 SC643952 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 SC643952 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 SC643952 d:ShareCapital 2024-10-31 SC643952 d:ShareCapital 2023-10-31 SC643952 d:SharePremium 2024-10-31 SC643952 d:SharePremium 2023-10-31 SC643952 d:RetainedEarningsAccumulatedLosses 2024-10-31 SC643952 d:RetainedEarningsAccumulatedLosses 2023-10-31 SC643952 c:OrdinaryShareClass1 2023-11-01 2024-10-31 SC643952 c:OrdinaryShareClass1 2024-10-31 SC643952 c:OrdinaryShareClass1 2023-10-31 SC643952 c:FRS102 2023-11-01 2024-10-31 SC643952 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC643952 c:FullAccounts 2023-11-01 2024-10-31 SC643952 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC643952 2 2023-11-01 2024-10-31 SC643952 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC643952









PATHHEAD HALLS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
PATHHEAD HALLS LTD
REGISTERED NUMBER: SC643952

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
310,000
150,000

  
310,000
150,000

Current assets
  

Debtors: amounts falling due within one year
 5 
44,057
40,873

Cash at bank and in hand
 6 
2,026
92,739

  
46,083
133,612

Creditors: amounts falling due within one year
 7 
(6,312)
(53,000)

Net current assets
  
 
 
39,771
 
 
80,612

Total assets less current liabilities
  
349,771
230,612

  

Net assets
  
349,771
230,612


Capital and reserves
  

Called up share capital 
 8 
2
2

Share premium account
  
336,670
291,670

Profit and loss account
  
13,099
(61,060)

  
349,771
230,612


The director considers 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 director acknowledges his 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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 July 2025.


L Brewster
Director
Page 1

 
PATHHEAD HALLS LTD
REGISTERED NUMBER: SC643952
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024


Page 2

 
PATHHEAD HALLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Pathhead Studios Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is 106 Harriet Street, Kirkcaldy, Scotland, KY1 2AG.

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

Revenue

Turnover comprises rental income received from the company's investment properties and is recognised in accordance with the lease terms.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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.


 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Debtors

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.

 
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.

Page 3

 
PATHHEAD HALLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

Creditors

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


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 November 2023
150,000


Additions at cost
160,000



At 31 October 2024
310,000

The 2024 valuations were made by the director, on an open market value for existing use basis.







5.


Debtors

2024
2023
£
£


Other debtors
44,057
40,873

44,057
40,873



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,026
92,739

2,026
92,739


Page 4

 
PATHHEAD HALLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,740
51,500

Corporation tax
3,072
-

Accruals and deferred income
1,500
1,500

6,312
53,000



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



158,209 (2023 - 151,739) Ordinary shares of £0.00001 each
1.58209
1.51739

During the period, the company issued 6,470 Ordinary shares of £0.00001 each at a premium for a cash consideration of £45,000.





9.


Related party transactions

During the year, rental income totalling £8,500 (2023: £nil) was received from Hellion Pictures Ltd, a company of which L Brewster is also a director. All transactions were carried out at arms length.
During the year, rental income totalling £30,000 (2023: £nil) was received from Medical Macabre Ltd, a company of which L Brewster is also a director. All transactions were carried out at arms length.
During the year, rental income totalling £34,250 (2023: £26,000) was received from Hex Media Ltd, a company of which L Brewster is also a director. All transactions were carried out at arms length. At the reporting date £38,373 (2023: £38,373) was due from Hex Media Ltd. The loan is repayable on demand and not interest bearing.
During the year, rental income totalling £25,833 (2023: £nil) was received from Dark Tales Ltd, a company of which L Brewster is also a director. All transactions were carried out at arms length.
During the year, rental income totalling £10,000 (2023: £nil) was received from Green Hotel Movie Ltd, a company of which L Brewster is also a director. During the year, payments of £16,667 (2023: £50,000) were made to Green Hotel Movie Ltd relating to the purchase of film rights. All transactions were carried out at arms length. 

 
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