Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 1 2024-02-01 false No description of principal activity 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03549317 2024-02-01 2025-01-31 03549317 2023-02-01 2024-01-31 03549317 2025-01-31 03549317 2024-01-31 03549317 c:Director1 2024-02-01 2025-01-31 03549317 d:MotorVehicles 2024-02-01 2025-01-31 03549317 d:FurnitureFittings 2024-02-01 2025-01-31 03549317 d:OtherPropertyPlantEquipment 2025-01-31 03549317 d:OtherPropertyPlantEquipment 2024-01-31 03549317 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 03549317 d:CurrentFinancialInstruments 2025-01-31 03549317 d:CurrentFinancialInstruments 2024-01-31 03549317 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 03549317 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 03549317 d:ShareCapital 2025-01-31 03549317 d:ShareCapital 2024-01-31 03549317 d:CapitalRedemptionReserve 2025-01-31 03549317 d:CapitalRedemptionReserve 2024-01-31 03549317 d:RetainedEarningsAccumulatedLosses 2025-01-31 03549317 d:RetainedEarningsAccumulatedLosses 2024-01-31 03549317 c:FRS102 2024-02-01 2025-01-31 03549317 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 03549317 c:FullAccounts 2024-02-01 2025-01-31 03549317 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 03549317 d:AcceleratedTaxDepreciationDeferredTax 2025-01-31 03549317 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 03549317 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 03549317 YIPP FILMS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025
YIPP FILMS LIMITED REGISTERED NUMBER: 03549317 BALANCE SHEET AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,420 |  | 1,693
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | - |  | 221 |
Cash at bank and in hand | 6 | 46 |  | 202 |
|  | 46 |  | 423 |
Creditors: amounts falling due within one year | 7 | (29,685) |  | (26,335) |
Net current liabilities |  |  | (29,639) |  | (25,912)
Total assets less current liabilities |  |  | (28,219) |  | (24,219)
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 |  | (288) |  | (288)
Net liabilities |  |  | (28,507) |  | (24,507)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 140 |  | 140
Capital redemption reserve |  |  | 60 |  | 60
Profit And Loss Account |  |  | (28,707) |  | (24,707)
|  |  | (28,507) |  | (24,507)
Page 1
YIPP FILMS LIMITED REGISTERED NUMBER: 03549317 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 2025 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 20 October 2025.
P Collerton
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
YIPP FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
Yipp Films Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 30 Osborne Avenue, Newcastle Upon Tyne, Tyne & Wear, NE2 1JR. 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
At the reporting date the company had net liabilities. The director has taken steps to ensure that the company will continue to receive financial support from its creditors for the foreseeable future so that it can discharge its debts as they fall due within the next 12 months. Therefore the director believes it is appropriate that the accounts are prepared on a going concern basis.
| 2.3 | Revenue
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Advances received for funding of productions less production costs expended at the reporting date are carried forward until the production has been completed. Profit on the production is not fully taken until the production has been completed when the final costs of production have been agreed and over or under spent costs can be dealt with.
| 2.4 | 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 | - | 25% | reducing balance
|  |  |  | Fixtures & fittings | - | 15% | 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. Page 3
YIPP FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.5 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.6 | 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.
| 2.7 | Creditors
Short term creditors are measured at the transaction price.
| 2.8 | 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.
| 2.9 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Page 4
YIPP FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
4. | Tangible fixed assets
|  | Other fixed assets
|  | £
| Cost |
| At 1 February 2024 | 35,354
| At 31 January 2025 | 35,354
| Depreciation |
| At 1 February 2024 | 33,661
| Charge for the year on owned assets | 273
| At 31 January 2025 | 33,934
| Net book value |
| At 31 January 2025 | 1,420
| At 31 January 2024 | 1,693
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 221
|  | - | 221
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 46 | 202
Page 5
YIPP FILMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors |  | 25,185 | 24,335
| Accruals |  | 4,500 | 2,000
|  |  | 29,685 | 26,335
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (288)
| At end of year | (288)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (288) | (288)
|  | (288) | (288)
9. | Controlling party
The company was under the control of P Collerton throughout the period.
Page 6