COMPANY REGISTRATION NUMBER:
09070376
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John Street Productions Limited |
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Filleted Unaudited Financial Statements |
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John Street Productions Limited |
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Statement of Financial Position |
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31 May 2026
Fixed assets
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Investments |
5 |
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137,450 |
117,185 |
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|
|
|
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Current assets
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Debtors |
6 |
– |
|
96,661 |
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Cash at bank and in hand |
61,463 |
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42,669 |
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-------- |
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--------- |
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61,463 |
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139,330 |
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|
|
|
|
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Creditors: amounts falling due within one year |
7 |
13,232 |
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11,327 |
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-------- |
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--------- |
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Net current assets |
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48,231 |
128,003 |
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--------- |
--------- |
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Total assets less current liabilities |
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185,681 |
245,188 |
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--------- |
--------- |
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Net assets |
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185,681 |
245,188 |
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--------- |
--------- |
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Capital and reserves
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Called up share capital |
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1 |
1 |
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Revaluation reserve |
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19,336 |
– |
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Profit and loss account |
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166,344 |
245,187 |
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--------- |
--------- |
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Shareholders funds |
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185,681 |
245,188 |
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--------- |
--------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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John Street Productions Limited |
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Statement of Financial Position (continued) |
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31 May 2026
These financial statements were approved by the
board of directors
and authorised for issue on
31 August 2026
, and are signed on behalf of the board by:
Company registration number:
09070376
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
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John Street Productions Limited |
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Notes to the Financial Statements |
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Year ended 31 May 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Skyview House, 10 St Neots Road, Sandy, Bedfordshire, SG19 1LB, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity defined in FRS 102 and as such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented.(b) No cash flow statement has been presented for the company.(c) Disclosures in respect of financial instruments have not been presented.(d) Disclosures in respect of share-based payments have not been presented.(e) No disclosure has been given for the aggregate remuneration of key management personnel.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. During the period in questions, apart from those involving estimations, the management has made no judgements or uncertain policy, within the process of applying the entity's accounting policies.
Revenue recognition
Fee income represents revenue earned under a wide variety of contracts to provide television and film services. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses and disbursements but excluding value added tax. Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors. Payments on account in excess of the relevant amount of revenue are included in creditors. Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2025:
1
).
5.
Investments
|
Other investments other than loans |
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£ |
|
Cost |
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At 1 June 2025 |
117,185 |
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Revaluations |
20,265 |
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--------- |
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At 31 May 2026 |
137,450 |
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--------- |
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Impairment |
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At 1 June 2025 and 31 May 2026 |
– |
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--------- |
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Carrying amount |
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At 31 May 2026 |
137,450 |
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--------- |
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At 31 May 2025 |
117,185 |
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--------- |
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6.
Debtors
|
2026 |
2025 |
|
£ |
£ |
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Other debtors |
– |
96,661 |
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---- |
-------- |
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7.
Creditors:
amounts falling due within one year
|
2026 |
2025 |
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£ |
£ |
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Trade creditors |
1,622 |
1,618 |
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Corporation tax |
3,950 |
4,117 |
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Social security and other taxes |
2,651 |
1,642 |
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Other creditors |
5,009 |
3,950 |
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-------- |
-------- |
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13,232 |
11,327 |
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-------- |
-------- |
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8.
Director's advances, credits and guarantees
Amounts of £0 (2025: £102,009) were advanced interest free, and repayable on demand, by the directors during the year. At the year end, £1,059 was owed to the director by the company (2025: £96,661 was owed to the company by the director).
9.
Related party transactions
Dividends of £96,750 (£0 NIL: 2025) were paid during the year.