Cynyrchiadau Mojo Productions Cyfyngedig 15402703 false 2024-01-10 2025-03-31 2025-03-31 The principal activity of the company is television production activities. Digita Accounts Production Advanced 6.30.9574.0 true false true true true 15402703 2024-01-10 2025-03-31 15402703 2025-03-31 15402703 core:CurrentFinancialInstruments 2025-03-31 15402703 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15402703 core:AdditionsToInvestments 2025-03-31 15402703 bus:SmallEntities 2024-01-10 2025-03-31 15402703 bus:AuditExemptWithAccountantsReport 2024-01-10 2025-03-31 15402703 bus:FilletedAccounts 2024-01-10 2025-03-31 15402703 bus:SmallCompaniesRegimeForAccounts 2024-01-10 2025-03-31 15402703 bus:RegisteredOffice 2024-01-10 2025-03-31 15402703 bus:Director1 2024-01-10 2025-03-31 15402703 bus:Director2 2024-01-10 2025-03-31 15402703 bus:PrivateLimitedCompanyLtd 2024-01-10 2025-03-31 15402703 bus:Agent1 2024-01-10 2025-03-31 15402703 core:Subsidiary1 2024-01-10 2025-03-31 15402703 core:Subsidiary1 1 2024-01-10 2025-03-31 15402703 core:Subsidiary1 countries:Wales 2024-01-10 2025-03-31 15402703 1 2024-01-10 2025-03-31 15402703 countries:EnglandWales 2024-01-10 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15402703

Cynyrchiadau Mojo Productions Cyfyngedig
Unaudited Filleted Financial Statements
for the Period from 10 January 2024 to 31 March 2025

Cynyrchiadau Mojo Productions Cyfyngedig

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Cynyrchiadau Mojo Productions Cyfyngedig

Company Information

Directors | Mr O G Saunders-Jones Mr L M Roberts

Registered office | Adeiladau'r Fagwyr Llandre Aberystwyth Ceredigion SY24 5AQ

Bankers | Barclays Bank plc 26 Terrace Road Aberystwyth Ceredigion SY23 2AE

Accountants | W J James & Co Chartered AccountantsBishop House 10 Wheat Street Brecon Powys LD3 7DG

Cynyrchiadau Mojo Productions Cyfyngedig

(Registration number: 15402703)
Balance Sheet as at 31 March 2025

| Note | 2025 £
Fixed assets |  |
Investments | 4 | 100
Current assets |  |
Debtors | 5 | 1,863
Cash at bank and in hand |  | 4,542
|  | 6,405
Creditors: Amounts falling due within one year | 6 | (27,420)
Net current liabilities |  | (21,015)
Net liabilities |  | (20,915)
Capital and reserves |  |
Called up share capital |  | 100
Retained earnings |  | (21,015)
Shareholders' deficit |  | (20,915)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 October 2025 and signed on its behalf by:

......................................... Mr O G Saunders-Jones Director
......................................... Mr L M Roberts Director

Cynyrchiadau Mojo Productions Cyfyngedig

Notes to the Unaudited Financial Statements for the Period from 10 January 2024 to 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Adeiladau'r Fagwyr
Llandre
Aberystwyth
Ceredigion
SY24 5AQ
United Kingdom

These financial statements were authorised for issue by the Board on 7 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company has net liabilities at the balance sheet date and is reliant on the support of its parent company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Cynyrchiadau Mojo Productions Cyfyngedig

Notes to the Unaudited Financial Statements for the Period from 10 January 2024 to 31 March 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Cynyrchiadau Mojo Productions Cyfyngedig

Notes to the Unaudited Financial Statements for the Period from 10 January 2024 to 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4 | Investments

| 2025 £
Investments in subsidiaries | 100

Subsidiaries | £
Cost or valuation
Additions | 100
Provision
Carrying amount
At 31 March 2025 | 100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025
Subsidiary undertakings
Teledu Gwyliau Cyf | Adeiladau'r Fagwyr, Llandre, Bow Street, Aberystwyth, Ceredigion, SY24 5AQ Wales | Ordinary £1 shares | 100%

Cynyrchiadau Mojo Productions Cyfyngedig

Notes to the Unaudited Financial Statements for the Period from 10 January 2024 to 31 March 2025

Subsidiary undertakings
Teledu Gwyliau Cyf The principal activity of Teledu Gwyliau Cyf is making of television productions..

5 | Debtors

Current | 2025 £
Prepayments | 1,160
Other debtors | 703
| 1,863

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Loans and borrowings | 7 | 4,100
Trade creditors |  | 480
Amounts owed to parent undertaking |  | 11,694
Accruals and deferred income |  | 1,200
Other creditors |  | 9,946
|  | 27,420

7 | Loans and borrowings

Current loans and borrowings

| 2025 £
Other borrowings | 4,100

8 | Parent and ultimate parent undertaking

51% owned subsidiary.
The company's immediate parent is Atebol Cyfyngedig, incorporated in Wales.