Company registration number 01505176 (England and Wales)
CASBAH PRODUCTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
CASBAH PRODUCTIONS LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
CASBAH PRODUCTIONS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Trade and other receivables
3
2,806
4,973
Cash and cash equivalents
1,028,057
3,503,751
1,030,863
3,508,724
Current liabilities
4
(443,779)
(1,635,238)
Net current assets
587,084
1,873,486
Equity
Called up share capital
100
100
Retained earnings
586,984
1,873,386
Total equity
587,084
1,873,486

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 8 September 2025
L Garland
Director
Company registration number 01505176 (England and Wales)
CASBAH PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Casbah Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor, 3 Dorset Rise, London, EC4Y 8EN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue is recognised at the fair value of the fees receivable and royalties received during the year stated net of value added tax. Royalties are recognised in the period when they become receivable from the collection agent.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

CASBAH PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
3
2
CASBAH PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
3
Trade and other receivables
2024
2023
Amounts falling due within one year:
£
£
Trade receivables
-
0
4,973
Other receivables
2,806
-
0
2,806
4,973
4
Current liabilities
2024
2023
£
£
Trade payables
5,502
14,475
Corporation tax
287,866
413,520
Other taxation and social security
104,137
127,836
Other payables
46,274
1,079,407
443,779
1,635,238
5
Related party transactions
As at the year end an amount of £425 was owed to a director/shareholder (2023: (£64,350)). This balance is interest free and repayable on demand.
2024-12-31 2024-01-01 false false false 09 September 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity L Garland 01505176 2024-01-01 2024-12-31 01505176 2024-12-31 01505176 2023-12-31 01505176 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01505176 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 01505176 core:CurrentFinancialInstruments 2024-12-31 01505176 core:CurrentFinancialInstruments 2023-12-31 01505176 core:ShareCapital 2024-12-31 01505176 core:ShareCapital 2023-12-31 01505176 core:RetainedEarningsAccumulatedLosses 2024-12-31 01505176 core:RetainedEarningsAccumulatedLosses 2023-12-31 01505176 bus:Director1 2024-01-01 2024-12-31 01505176 2023-01-01 2023-12-31 01505176 core:WithinOneYear 2024-12-31 01505176 core:WithinOneYear 2023-12-31 01505176 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01505176 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01505176 bus:FRS102 2024-01-01 2024-12-31 01505176 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01505176 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP