ACCOUNTS - Final Accounts preparation



	Conduit Productions Limited












	Unaudited
	Financial statements

	For the period ended 30 April 2025

	Registered number: 15656323


Conduit Productions Limited - Registered number: 15656323

Statement of financial position

As at 30 April 2025

	2025	2025
Note	£	£

Fixed assets
Tangible assets	4		1,905
			1,905
Current assets
Debtors	5	180,000
Cash at bank and in hand		101,745
		281,745
Creditors: amounts falling due within one year	6	(218,356)
Net current assets			63,389
Total assets less current liabilities			65,294

Net assets			65,294

Capital and reserves
Share capital			100
Profit and loss account			65,194
			65,294

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 period in question in accordance with section 476 of the Companies Act 2006.

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.

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Conduit Productions Limited - Registered number: 15656323

Statement of financial position (continued)

As at 30 April 2025

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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and signed by:

C L Mandabach

Director

Date: 22 December 2025

The notes on pages 3 to 6 form part of these financial statements.

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Conduit Productions Limited

Notes to the financial statements

For the period ended 30 April 2025

1.	General information

The company is a private company limited by shares and incorporated in England and Wales. Its registered office is C/O Buzzacott LLP, 130 Wood Street, London, EC2V 6DL. Its registered number is 15656323.

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 Section 1A of Financial Reporting Standard 102, 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act
2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical
accounting estimates. It also requires management to exercise judgement in applying the company's
accounting policies.
The following principal accounting policies have been applied:

2.2

Functional and presentation currency

The company's functional and presentational currency is GBP.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

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Conduit Productions Limited

Notes to the financial statements

For the period ended 30 April 2025

2.Accounting policies (continued)

2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

33%

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.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on
notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related and other third parties.

Employees

	The average monthly number of employees, excluding the director, during the period was 1.

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Conduit Productions Limited

Notes to the financial statements

For the period ended 30 April 2025

4.	Tangible fixed assets

		Computer equipment
		£
	Cost
	Additions	2,410
	At 30 April 2025	2,410
	Depreciation
	Charge for the period	505
	At 30 April 2025	505
	Net book value
	At 30 April 2025	1,905

Debtors

					2025
					£


	Trade debtors	180,000
		180,000

6.	Creditors: amounts falling due within one year
		2025
		£

	Trade creditors	3,500
	Corporation tax	17,857
	Other taxation and social security	39,516
	Other creditors	833
	Accruals and deferred income	156,650
		218,356

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Conduit Productions Limited

Notes to the financial statements

For the period ended 30 April 2025

7.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £900. Contributions totalling £nil were payable to the fund at 30 April 2025.

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