Iron Lady (DJ Films) Ltd Filleted accounts for Companies House (small and micro)

IRON LADY (DJ FILMS) LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2018-12-09 Sage Accounts Production Advanced 2018 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP 07194924 2018-12-09 2019-12-08 07194924 2019-12-08 07194924 2018-12-08 07194924 bus:Director1 2018-12-09 2019-12-08 07194924 core:WithinOneYear 2019-12-08 07194924 core:WithinOneYear 2018-12-08 07194924 core:ShareCapital 2019-12-08 07194924 core:ShareCapital 2018-12-08 07194924 bus:SmallEntities 2018-12-09 2019-12-08 07194924 bus:AuditExemptWithAccountantsReport 2018-12-09 2019-12-08 07194924 bus:FullAccounts 2018-12-09 2019-12-08 07194924 bus:SmallCompaniesRegimeForAccounts 2018-12-09 2019-12-08 07194924 bus:PrivateLimitedCompanyLtd 2018-12-09 2019-12-08

COMPANY REGISTRATION NUMBER: 07194924

Iron Lady (DJ Films) Ltd

Filleted Unaudited Accounts

8 December 2019

Iron Lady (DJ Films) Ltd

Statement of Financial Position

8 December 2019

	2019		2018
Note	£	£	£

Current assets

Debtors	4	1,649	1,976
Cash at bank and in hand		67	857
		-------	-------
		1,716	2,833

Creditors: amounts falling due within one year	5	( 1,715)		( 2,832)
		-------		-------
Net current assets			1	1
			----	----
Total assets less current liabilities			1	1
			----	----
Net assets			1	1
			----	----

Capital and reserves

Called up share capital	1	1
	----	----
Shareholder funds	1	1
	----	----

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with 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 income and retained earnings has not been delivered.

For the year ending 8 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its accounts 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 accounts .

These accounts were approved by the board of directors and authorised for issue on 2 September 2020 , and are signed on behalf of the board by:

D C Jones
Director

Company registration number: 07194924

Iron Lady (DJ Films) Ltd

Notes to the Accounts

Year ended 8 December 2019

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Shipleys LLP, 10 Orange Street, WC2H 7DQ, London.

2. Statement of compliance

These accounts 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 accounts 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 accounts are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover relates to the production of the film entitled "The Iron Lady". It represents amounts receivable from the sale of the film and is stated after trade discounts, other taxes and net of VAT.

Financial instruments

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 entity after deducting all of its financial liabilities.

4. Debtors

	2019	2018
	£	£
Other debtors	1,649	1,976
	-------	-------

5. Creditors: amounts falling due within one year

	2019	2018
	£	£
Other creditors	1,715	2,832
	-------	-------

6. Contingencies

Charges have been made against the film in favour of the following parties to secure their interests in the copyright of and title to the film: Film4, a division of Channel 4 Television Corporation Fireman's Fund Insurance Company Goldcrest Film Production LLP Goldcrest Capital Holdings Ltd Pathé Productions Ltd UK Film Council

7. Related party transactions

The company was under the control of D C Jones throughout the current and prior period. D C Jones is the sole director and shareholder. All transactions related to the development and production of the film "The Iron Lady" and arose on an arm's length basis through the normal course of business. No further transactions with related parties were undertaken such as are required to be disclosed under the FRS 102 Section 1a.