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 2006.2024-04-01truefalseNo description of principal activity32truefalse 06832825 2024-04-01 2025-03-31 06832825 2023-04-01 2024-03-31 06832825 2025-03-31 06832825 2024-03-31 06832825 c:Director1 2024-04-01 2025-03-31 06832825 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 06832825 d:Buildings d:LongLeaseholdAssets 2025-03-31 06832825 d:Buildings d:LongLeaseholdAssets 2024-03-31 06832825 d:MotorVehicles 2024-04-01 2025-03-31 06832825 d:MotorVehicles 2025-03-31 06832825 d:MotorVehicles 2024-03-31 06832825 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06832825 d:OfficeEquipment 2024-04-01 2025-03-31 06832825 d:OfficeEquipment 2025-03-31 06832825 d:OfficeEquipment 2024-03-31 06832825 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06832825 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06832825 d:Goodwill 2024-04-01 2025-03-31 06832825 d:Goodwill 2025-03-31 06832825 d:Goodwill 2024-03-31 06832825 d:CurrentFinancialInstruments 2025-03-31 06832825 d:CurrentFinancialInstruments 2024-03-31 06832825 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 06832825 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06832825 d:ShareCapital 2025-03-31 06832825 d:ShareCapital 2024-03-31 06832825 d:RetainedEarningsAccumulatedLosses 2025-03-31 06832825 d:RetainedEarningsAccumulatedLosses 2024-03-31 06832825 c:OrdinaryShareClass1 2024-04-01 2025-03-31 06832825 c:OrdinaryShareClass1 2025-03-31 06832825 c:OrdinaryShareClass1 2024-03-31 06832825 c:FRS102 2024-04-01 2025-03-31 06832825 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06832825 c:FullAccounts 2024-04-01 2025-03-31 06832825 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06832825 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 06832825 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06832825 2 2024-04-01 2025-03-31 06832825 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 06832825 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06832825









MALCOLM PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
MALCOLM PRODUCTIONS LIMITED
REGISTERED NUMBER: 06832825

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
29,037
32,667

Tangible assets
 5 
325,707
329,719

Investments
 6 
70,840
54,950

  
425,584
417,336

Current assets
  

Debtors: amounts falling due within one year
 7 
74,240
29,806

Cash at bank and in hand
 8 
271,706
215,063

  
345,946
244,869

Creditors: amounts falling due within one year
 9 
(81,142)
(9,920)

Net current assets
  
 
 
264,804
 
 
234,949

Total assets less current liabilities
  
690,388
652,285

Provisions for liabilities
  

Deferred tax
 10 
(13,002)
(10,644)

  
 
 
(13,002)
 
 
(10,644)

Net assets
  
677,386
641,641


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
677,286
641,541

  
677,386
641,641


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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
Page 1

 
MALCOLM PRODUCTIONS LIMITED
REGISTERED NUMBER: 06832825
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2025.







Lee Stewart Grumett
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The company is a private company limited by shares, registered in England.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.

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

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
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
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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and loss account over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
10 Years straight line
Studio & Office equipment
-
10% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

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.

Page 5

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.10

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. 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.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2025
        2024
            No.
            No.







3
2

Page 6

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2024
36,297



At 31 March 2025

36,297



Amortisation


At 1 April 2024
3,630


Charge for the year on owned assets
3,630



At 31 March 2025

7,260



Net book value



At 31 March 2025
29,037



At 31 March 2024
32,667



Page 7

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Office Leasehold Property
Motor vehicles
Studio & Office Equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2024
273,699
49,584
24,696
347,979


Additions
-
-
2,317
2,317



At 31 March 2025

273,699
49,584
27,013
350,296



Depreciation


At 1 April 2024
-
4,958
13,302
18,260


Charge for the year on owned assets
-
4,958
1,371
6,329



At 31 March 2025

-
9,916
14,673
24,589



Net book value



At 31 March 2025
273,699
39,668
12,340
325,707



At 31 March 2024
273,699
44,626
11,394
329,719


6.


Investments





Bonds
Other Investments
Total

£
£
£



Cost or valuation


At 1 April 2024
50,000
4,950
54,950


Revaluations
15,890
-
15,890



At 31 March 2025
65,890
4,950
70,840




A prudential investment bond has been purchased by the company on 14 November 2017.Annual income expected is 3.5%. As at the balance sheet date the .Prudential investment bonds are valued at £65,890. 
Other investments relate to investment in American Barrell. 

Page 8

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Debtors

2025
2024
£
£


Trade debtors
74,240
9,932

Other creditors
-
19,874

74,240
29,806



8.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
271,706
215,063

271,706
215,063



9.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
4,796
1,473

Corporation tax
68,419
3,344

VAT and PAYE
3,003
803

Other creditors
624
-

Accruals
4,300
4,300

81,142
9,920


2025
2024
£
£

Other taxation and social security

PAYE/NI control
318
311

VAT control
2,687
492

3,005
803


Page 9

 
MALCOLM PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Deferred taxation




2025


£






At beginning of year
(10,644)


Charged to profit or loss
(2,358)



At end of year
(13,002)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Capital allowances
13,002
10,644

13,002
10,644


11.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 (2024 - 100) Ordinary shares of £1.00 each
100
100



12.


Related party transactions

As at year end directors and participators owed £623 (2024: £19,874 owed to) by the company.The loan was interest free and repaid fully within 9 months after year end.

 
Page 10