Herradura Media Limited - Accounts to registrar (filleted) - small 18.2
Herradura Media Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2022 |
for |
HERRADURA MEDIA LIMITED |
HERRADURA MEDIA LIMITED (REGISTERED NUMBER: 08881929) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HERRADURA MEDIA LIMITED |
Company Information |
FOR THE YEAR ENDED 31 MARCH 2022 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
5 Godalming Business Centre |
Woolsack Way |
Godalming |
Surrey |
GU7 1XW |
HERRADURA MEDIA LIMITED (REGISTERED NUMBER: 08881929) |
Balance Sheet |
31 MARCH 2022 |
2022 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Capital redemption reserve |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
HERRADURA MEDIA LIMITED (REGISTERED NUMBER: 08881929) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2022 |
1. | STATUTORY INFORMATION |
Herradura Media Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
The accounts are prepared in Sterling, which is the functional and presentational currency of the entity. |
Going concern |
The directors have reviewed the forecasts for the company and have a reasonable expectation that the company has adequate resources to continue as a going concern for the foreseeable future, being at least twelve months from the date these financial statements have been approved. |
Stocks |
Stock is stated at the lower of cost and net realisable value. Cost comprises expenditure in respect of the |
development and production of television programmes or films. Net realisable value is the expected selling price or other cumulative income stream that is prudently anticipated from a programme after taking account of costs of completion and bringing it to market. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary Shares | £1.00 | 1 | 1 |
Details of the various share rights attached to each type of share capital is included in the Articles of Association. |
7. | OTHER FINANCIAL COMMITMENTS |
As at the reporting date, the company had no financial or other commitments or contracts for capital expenditure in place (2021: £nil). |
8. | RELATED PARTY DISCLOSURES |
During the period, Pandoro Productions Limited, the company's immediate and ultimate parent company, paid for expenses on behalf of the company of £66 (2021: £66). As at the reporting date, £nil (2021: £89,303) was due to Pandoro Productions Limited. |
No further transactions were undertaken with related parties as such that are required to be disclosed under FRS 102. |