Widget Productions (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08010997 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 March 2025

for

Widget Productions (Uk) Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr S A Colley

Mr M C Diffey

REGISTERED OFFICE:

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

REGISTERED NUMBER:

08010997 (England and Wales)

ACCOUNTANTS:

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Widget Productions (Uk) Limited for the year ended 30 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Widget Productions (Uk) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Widget Productions (Uk) Limited and state those matters that we have agreed to state to the Board of Directors of Widget Productions (Uk) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Widget Productions (Uk) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Widget Productions (Uk) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Widget Productions (Uk) Limited. You consider that Widget Productions (Uk) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Widget Productions (Uk) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

Date: .............................................

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

209,443

197,616

209,443

197,616

CURRENT ASSETS

Debtors

6

12,813

11,208

Cash at bank and in hand

59,109

71,258

71,922

82,466

CREDITORS

Amounts falling due within one year

7

(41,285

)

(59,972

)

NET CURRENT ASSETS

30,637

22,494

TOTAL ASSETS LESS CURRENT
LIABILITIES

240,080

220,110

CREDITORS

Amounts falling due after more than one
year

8

(17,593

)

(21,861

)

NET ASSETS

222,487

198,249

CAPITAL AND RESERVES

Called up share capital

33

Retained earnings

222,454

198,216

222,487

198,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

Mr M C Diffey - Director

1.	STATUTORY INFORMATION

Widget Productions (Uk) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

5% on reducing balance

Motor vehicles

-

15% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 March 2024

and 30 March 2025

18,560

AMORTISATION

At 31 March 2024

and 30 March 2025

18,560

NET BOOK VALUE

At 30 March 2025

-

At 30 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 31 March 2024

237,021

49,429

286,450

Additions

46,086

-

46,086

Disposals

-

(27,000

)

(27,000

)

At 30 March 2025

283,107

22,429

305,536

DEPRECIATION

At 31 March 2024

70,775

18,059

88,834

Charge for year

14,158

2,922

17,080

Eliminated on disposal

-

(9,821

)

(9,821

)

At 30 March 2025

84,933

11,160

96,093

NET BOOK VALUE

At 30 March 2025

198,174

11,269

209,443

At 30 March 2024

166,246

31,370

197,616

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Trade debtors

4,708

7,470

Other debtors

1,735

703

Directors' current accounts

1,995

-

Prepayments

4,375

3,035

12,813

11,208

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Bank loans and overdrafts

4,222

Trade creditors

2,416

35,116

Tax

19,051

7,334

Social security and other taxes

(3,960

)

(3,960

)

VAT

1,130

6,496

Other creditors

(3,407

)

353

Directors' current accounts

19,833

8,411

Accrued expenses

2,000

41,285

59,972

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.3.25

30.3.24

£

Bank loans - 1-2 years

4,222

Bank loans - 2-5 years

12,667

Bank loans more 5 yr by instal

704

4,972

17,593

21,861

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

704

4,972