Zeppotron Drama Limited Filleted accounts for Companies House (small and micro)
Zeppotron Drama Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09685406
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Directors' Responsibilities Statement |
Year ended 31 December 2019
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
5 |
– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
– |
(
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Net current assets |
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------- |
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Total assets less current liabilities |
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------- |
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Capital and reserves
Called up share capital |
7 |
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Profit and loss account |
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------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These Annual report and financial statements were approved by the
board of directors
and authorised for issue on
30 October 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
09685406
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Notes to the Annual Report and Financial Statements |
Year ended 31 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 Endemol UK Ltd, Shepherds Building, Charecroft Way, London, W14 0EE, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Financial reporting standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": - the requirements of Section 7 Statement of Cash Flows; - the requirements of Section 3 Financial Statement Presentation Paragraph 3.17(d). The Company has taken advantage of the aforementioned exemptions under FRS 102 on the grounds that the Company is a qualifying entity as a member of a Group where the consolidated financial statements of its ultimate parent undertaking include a cashflow statement and are publicly available (note 10).
Judgements and key sources of estimation uncertainty
Income tax
Financial instruments
4.
Staff numbers and costs
The average number of persons employed by the Company during the year, excluding the Directors, amounted to nil (2018: nil).
None of the Directors received any form of remuneration.
5.
Debtors
2019 |
2018 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
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Amounts owed by group undertakings are interest free and repayable on demand.
6.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
– |
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Amounts owed to fellow Group undertakings are interest free and repayable on demand.
7.
Called up share capital
Issued, called up and fully paid
2019 |
2018 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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8.
Events after the end of the reporting period
On July 2, 2020, The Banijay Group (through its wholly owned subsidiary, Banijay Entertainment) completed the acquisition of all the shares of AP NMT JV Newco B.V. (the indirect parent of
Zeppotron Drama Limited
after having met all regulatory approvals and closing conditions. We draw attention to the current Covid-19 pandemic and the potential economic impact the virus will have in the coming months. Whilst the Company continues to monitor the potential impact of Covid 19, the directors do not believe that the outbreak has a material impact on the Company given that the production has already been delivered. The outbreak is considered to be a non adjusting event to the financial statements.
9.
Summary audit opinion
The senior statutory auditor was
Stephen Joberns
, for and on behalf of
Shipleys LLP
.
10.
Related party transactions
As a wholly-owned subsidiary of Zeppotron Limited and ultimately AP NMT JV Newco B.V. (note 11), whose financial statements are publicly available, the Company has taken advantage of the exemption under FRS 102 Paragraph 33.2A on the basis that disclosure need not be given regarding related party transactions with other wholly-owned subsidiaries of the group. No transactions with other related parties were undertaken in the current year.
11.
Controlling party
The immediate parent undertaking is
Zeppotron Limited
which is incorporated in Great Britain and registered in England and Wales. The smallest group in which the results of the Company are consolidated is that headed by MediArena Acquisition B.V. Financial statements for MediArena Acquisition B.V. are publicly available and can be obtained from MediArena 1, 1114 BC Amsterdam-Duivendrecht, PO Box 12133, 1100 AC Amsterdam, the Netherlands. The ultimate parent company and the largest group in which the results of the Company are consolidated is AP NMT JV Newco B.V., a company registered in the Netherlands. Financial statements for AP NMT JV Newco B.V. are publicly available and can be obtained from MediArena 1, 1114 BC Amsterdam-Duivendrecht, PO Box 12133, 1100 AC Amsterdam, the Netherlands. AP NMT Coöperatief U.A., an affiliate of funds managed by affiliates of Apollo Global Management, LLC ("Apollo"), owns 50% of the issued and outstanding shares of the Company. 21CF Empire Holdco Coöperatief U.A., an affiliate of The Walt Disney Company ("Disney), owns the remaining 50% of the issued and outstanding shares of the Company. On July 2, 2020 The Banijay Group acquired all of the shares of AP NMT JV Newco B.V