Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseSound recording & music publishing and supporting activities to performing arts.2024-01-0111falsetruefalse 07307377 2024-01-01 2024-12-31 07307377 2023-01-01 2023-12-31 07307377 2024-12-31 07307377 2023-12-31 07307377 c:Director1 2024-01-01 2024-12-31 07307377 d:CurrentFinancialInstruments 2024-12-31 07307377 d:CurrentFinancialInstruments 2023-12-31 07307377 d:Non-currentFinancialInstruments 2024-12-31 07307377 d:Non-currentFinancialInstruments 2023-12-31 07307377 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07307377 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07307377 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07307377 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07307377 d:ShareCapital 2024-12-31 07307377 d:ShareCapital 2023-12-31 07307377 d:RetainedEarningsAccumulatedLosses 2024-12-31 07307377 d:RetainedEarningsAccumulatedLosses 2023-12-31 07307377 c:OrdinaryShareClass1 2024-01-01 2024-12-31 07307377 c:OrdinaryShareClass1 2024-12-31 07307377 c:FRS102 2024-01-01 2024-12-31 07307377 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07307377 c:FullAccounts 2024-01-01 2024-12-31 07307377 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07307377 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 07307377














NEMO ENTERTAINMENT LIMITED
UNAUDITED
 FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 DECEMBER 2024

 
NEMO ENTERTAINMENT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
NEMO ENTERTAINMENT LIMITED
REGISTERED NUMBER:07307377

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Work in progress
 4 
18,200
18,900

Debtors: amounts falling due within one year
 5 
4,319
6,956

Cash at bank and in hand
  
3,980
4,320

  
26,499
30,176

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(23,814)
(27,510)

Net current assets
  
 
 
2,685
 
 
2,666

Total assets less current liabilities
  
2,685
2,666

Creditors: amounts falling due after more than one year
 7 
(60,791)
(58,393)

  

Net liabilities
  
(58,106)
(55,727)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(58,107)
(55,728)

  
(58,106)
(55,727)


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 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 31 July 2025.


S Hennessy
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
NEMO ENTERTAINMENT LIMITED
REGISTERED NUMBER:07307377
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


Page 2

 
NEMO ENTERTAINMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Nemo Entertainment Limited is a private limited liability company registered in England and Wales.Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The principal activity of the company during the year was that of the production of content for broadcast media.

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

The company at the reporting date has net liabilities. The director, who is also the controlling party, has confirmed that he has the ability and will financially support the company so that it will be able to meet its financial obligations as and when they fall due. Therefore the accounts have been prepared under the going concern basis.

 
2.3

Turnover

Turnover represents amounts receivable in respect of the sales of broadcast media content, exclusive of value added tax. Revenue is recognised when the media content is delivered.

 
2.4

Work in progress

Work in progress comprises of costs incurred on development projects and productions in progress at the year end, less production advances.

 
2.5

Basic financial instruments


The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowing, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 3

 
NEMO ENTERTAINMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.7

Taxation

Tax is recognised in the profit and loss account, 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 balance sheet date.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
1) The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
2) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

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

Page 4

 
NEMO ENTERTAINMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Work in progress

2024
2023
£
£

Development costs
18,200
18,900



5.


Debtors

2024
2023
£
£


Other debtors
1,348
-

Prepayments and accrued income
2,971
6,956

4,319
6,956



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
347
5,142

Other creditors
19,204
18,205

Accruals and deferred income
4,263
4,163

23,814
27,510



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
60,791
58,393



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1  Ordinary share of £1
1
1


Page 5