Company registration number 07946940 (England and Wales)
DOMINIC BUCHANAN PRODUCTIONS LTD
FINANCIAL STATEMENTS
for the year ended
28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
DOMINIC BUCHANAN PRODUCTIONS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
DOMINIC BUCHANAN PRODUCTIONS LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2025
28 February 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
21,273
28,365
Investments
4
4
4
21,277
28,369
Current assets
Debtors
5
1,484
2,089
Cash at bank and in hand
7,305
12,415
8,789
14,504
Creditors: amounts falling due within one year
6
(2,524)
(2,835)
Net current assets
6,265
11,669
Net assets
27,542
40,038
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
27,541
40,037
Total equity
27,542
40,038

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he member has 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 5 November 2025
Mr D L Buchanan
Director
Company registration number 07946940 (England and Wales)
DOMINIC BUCHANAN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 2 -
1
Accounting policies
Company information

Dominic Buchanan Productions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Summit House, 170 Finchley Road, London, NW3 6BP.

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
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Electric bike
25% reducing balance
Computers
33.33% straightline method
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

DOMINIC BUCHANAN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
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, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet 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 debtors 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.

DOMINIC BUCHANAN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 creditors 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 creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
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.

1.9
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 fixed 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.

1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

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

2025
2024
Number
Number
Total
1
1
DOMINIC BUCHANAN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 29 February 2024 and 28 February 2025
71,037
Depreciation and impairment
At 29 February 2024
42,672
Depreciation charged in the year
7,092
At 28 February 2025
49,764
Carrying amount
At 28 February 2025
21,273
At 28 February 2024
28,365
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
4
4
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1,484
2,089
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
2,524
2,835
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
100
100
1
1
8
Related party transactions
DOMINIC BUCHANAN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
8
Related party transactions
(Continued)
- 6 -

The amount owed to the Director at year end was £384 (2024: £572). This balance represents funding provided by the director.

Dividends totalling £2,000 (2024 - £11,000) were paid in the year in respect of shares held by the company's director.

2025-02-28 2024-02-29 false false false 05 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr D L Buchanan 07946940 2024-02-29 2025-02-28 07946940 2025-02-28 07946940 2024-02-28 07946940 core:OtherPropertyPlantEquipment 2025-02-28 07946940 core:OtherPropertyPlantEquipment 2024-02-28 07946940 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 07946940 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 07946940 core:ShareCapital 2025-02-28 07946940 core:ShareCapital 2024-02-28 07946940 core:RetainedEarningsAccumulatedLosses 2025-02-28 07946940 core:RetainedEarningsAccumulatedLosses 2024-02-28 07946940 core:ShareCapitalOrdinaryShareClass1 2025-02-28 07946940 core:ShareCapitalOrdinaryShareClass1 2024-02-28 07946940 bus:Director1 2024-02-29 2025-02-28 07946940 core:PlantMachinery 2024-02-29 2025-02-28 07946940 core:ComputerEquipment 2024-02-29 2025-02-28 07946940 core:MotorVehicles 2024-02-29 2025-02-28 07946940 2023-03-01 2024-02-28 07946940 core:OtherPropertyPlantEquipment 2024-02-28 07946940 core:OtherPropertyPlantEquipment 2024-02-29 2025-02-28 07946940 core:WithinOneYear 2025-02-28 07946940 core:WithinOneYear 2024-02-28 07946940 core:CurrentFinancialInstruments 2025-02-28 07946940 core:CurrentFinancialInstruments 2024-02-28 07946940 bus:OrdinaryShareClass1 2024-02-29 2025-02-28 07946940 bus:OrdinaryShareClass1 2025-02-28 07946940 bus:OrdinaryShareClass1 2024-02-28 07946940 bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 07946940 bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 07946940 bus:FRS102 2024-02-29 2025-02-28 07946940 bus:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 07946940 bus:FullAccounts 2024-02-29 2025-02-28 xbrli:pure xbrli:shares iso4217:GBP