ACCOUNTS - Final Accounts

NAMARA FILM PRODUCTIONS LTD - Company Information

Caseware UK (AP4) 2018.0.111 2018.0.111 2018-06-302018-06-30Artistic creationfalse2017-07-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue 01160320 2017-07-01 2018-06-30 01160320 2016-07-01 2017-06-30 01160320 2018-06-30 01160320 2017-06-30 01160320 c:Director3 2017-07-01 2018-06-30 01160320 d:CurrentFinancialInstruments 2018-06-30 01160320 d:CurrentFinancialInstruments 2017-06-30 01160320 d:CurrentFinancialInstruments d:WithinOneYear 2018-06-30 01160320 d:CurrentFinancialInstruments d:WithinOneYear 2017-06-30 01160320 d:ShareCapital 2018-06-30 01160320 d:ShareCapital 2017-06-30 01160320 d:RetainedEarningsAccumulatedLosses 2018-06-30 01160320 d:RetainedEarningsAccumulatedLosses 2017-06-30 01160320 c:FRS102 2017-07-01 2018-06-30 01160320 c:AuditExempt-NoAccountantsReport 2017-07-01 2018-06-30 01160320 c:FullAccounts 2017-07-01 2018-06-30 01160320 c:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30 iso4217:GBP xbrli:pure

Registered number:01160320

PARADINE CO-PRODUCTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018


PARADINE CO-PRODUCTIONS LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 3


PARADINE CO-PRODUCTIONS LIMITED REGISTERED NUMBER:01160320

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2018

	2018	2017
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	-	8,506
Cash at bank and in hand		13,749	4,925
		13,749	13,431
Current liabilities
Creditors: amounts falling due within one year	5	(50,378)	(48,056)

Net liabilities		(36,629)	(34,625)

Capital and reserves
Called up share capital	6	1,000	1,000
Profit and loss account		(37,629)	(35,625)
		(36,629)	(34,625)

The directors consider 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 Companies Act 2006.

The directors acknowledge their 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 5 March 2019.

N I Attallah

Director

Page 1


PARADINE CO-PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

1.	General information

Paradine Co-Productions Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD, its principal place of business is at 25 Shepherd Market, London W1J 7PP.
The principal activity of the company continued to be that of cinematographic films.
The financial statements are prepared in £ Sterling, which is the functional of the company.

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 the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued provision of an unsecured, interest-free loan of £45,834 (2017 - £45,834) from a company controlled by 2 of the directors. In the opinion of the directors the company will continue to receive such financial support as may be required to enable it to meet its liabilities for at least 12 months following the date of their approval of the financial statements and on this basis they have prepared the financial statements on a going concern basis.

2.3

Revenue

Turnover represents film revenues receivable, exclusive of Value Added Tax.

2.4

Debtors

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

2.5

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.

2.6

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 other third parties.

2.7

Creditors

Short term creditors are measured at the transaction price.

Page 2


PARADINE CO-PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

Employees

The average monthly number of employees, including directors, during the year was 3 (2017 - 3).

Debtors

					2018	2017
					£	£


Prepayments and accrued income	-	8,506

5.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Other taxation and social security	703	-
Other creditors	45,834	45,834
Accruals and deferred income	3,841	2,222
	50,378	48,056

6.	Share capital
		2018	2017
		£	£

Allotted, called up and fully paid

500 'A' ordinary shares of £1.00 each	500	500
500 'B' ordinary shares of £1.00 each	500	500

	1,000	1,000

The 'A' and 'B' shares rank at all times pari passu in al respects.

Page 3