ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-06-302022-06-302021-07-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02863621 2021-07-01 2022-06-30 02863621 2020-07-01 2021-06-30 02863621 2022-06-30 02863621 2021-06-30 02863621 c:Director1 2021-07-01 2022-06-30 02863621 d:FurnitureFittings 2021-07-01 2022-06-30 02863621 d:FurnitureFittings 2022-06-30 02863621 d:FurnitureFittings 2021-06-30 02863621 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-07-01 2022-06-30 02863621 d:OfficeEquipment 2021-07-01 2022-06-30 02863621 d:OfficeEquipment 2022-06-30 02863621 d:OfficeEquipment 2021-06-30 02863621 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-07-01 2022-06-30 02863621 d:OwnedOrFreeholdAssets 2021-07-01 2022-06-30 02863621 d:CurrentFinancialInstruments 2022-06-30 02863621 d:CurrentFinancialInstruments 2021-06-30 02863621 d:Non-currentFinancialInstruments 2022-06-30 02863621 d:Non-currentFinancialInstruments 2021-06-30 02863621 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 02863621 d:CurrentFinancialInstruments d:WithinOneYear 2021-06-30 02863621 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 02863621 d:Non-currentFinancialInstruments d:AfterOneYear 2021-06-30 02863621 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 02863621 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-06-30 02863621 d:ShareCapital 2022-06-30 02863621 d:ShareCapital 2021-06-30 02863621 d:RetainedEarningsAccumulatedLosses 2022-06-30 02863621 d:RetainedEarningsAccumulatedLosses 2021-06-30 02863621 c:OrdinaryShareClass1 2021-07-01 2022-06-30 02863621 c:OrdinaryShareClass1 2022-06-30 02863621 c:OrdinaryShareClass1 2021-06-30 02863621 c:FRS102 2021-07-01 2022-06-30 02863621 c:AuditExempt-NoAccountantsReport 2021-07-01 2022-06-30 02863621 c:FullAccounts 2021-07-01 2022-06-30 02863621 c:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30 02863621 2 2021-07-01 2022-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02863621

JIVA FILM LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022


JIVA FILM LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


JIVA FILM LIMITED REGISTERED NUMBER:02863621

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	4		2,032		5,170
Current assets
Debtors: amounts falling due within one year	5	181,453		772
Cash at bank and in hand		245,566		65,050
		427,019		65,822

Creditors: amounts falling due within one year	6	(89,587)		(23,192)
Net current assets			337,432		42,630
Total assets less current liabilities			339,464		47,800
Creditors: amounts falling due after more than one year	7		(23,334)		(31,334)

Net assets			316,130		16,466

Capital and reserves
Called up share capital	9	2	2
Profit and loss account		316,128	16,464
		316,130	16,466

Page 1


JIVA FILM LIMITED REGISTERED NUMBER:02863621

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2022

The Director considers 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 the Companies Act 2006.

The Director acknowledges his 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 23 March 2023.

M Pandey

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2


JIVA FILM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

1.	General information

The Company's legal form is that of a limited company incorporated in the United Kingdom. The Company's registered office is 5 Elstree Gate, Elstree Way, Borehamwood, United Kingdom, WD6 1JD.
The principal activity of the company during the year was that of film production and script writing.
The financial statements are presented in £ sterling, which is the functional currency 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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and excluding value added tax.
Revenue is recognised when the service is provided.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25%
				Office equipment	-	25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


JIVA FILM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

2.Accounting policies (continued)

2.4

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and
other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction
price less attributable transaction costs. Trade creditors, other creditors and loans from related
parties are recognised initially at transaction price plus attributable transaction costs. Subsequently
they are measured at amortised cost using the effective interest method, less any impairment losses
in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised
initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.

2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Dividends

Equity dividends are recognised when they become legally payable.

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.9

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4


JIVA FILM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

2.Accounting policies (continued)

2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021 -1).

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost or valuation
At 1 July 2021	15,056	10,665	25,721
At 30 June 2022	15,056	10,665	25,721
Depreciation
At 1 July 2021	14,012	6,540	20,552
Charge for the year on owned assets	734	2,403	3,137
At 30 June 2022	14,746	8,943	23,689
Net book value
At 30 June 2022	310	1,722	2,032
At 30 June 2021	1,045	4,125	5,170

Debtors

					2022	2021
					£	£


Other debtors	181,453	772
	181,453	772

Page 5


JIVA FILM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Bank loans	8,000	8,000
Other taxation and social security	78,362	11,645
Other creditors	-	347
Accruals and deferred income	3,225	3,200
	89,587	23,192

7.	Creditors: Amounts falling due after more than one year
		2022	2021
		£	£

	Bank loans	23,334	31,334

Amounts falling due within one year
Bank loans	8,000	8,000

Amounts falling due 2-5 years
Bank loans	23,334	31,334

	31,334	39,334

9.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

2 (2021 -2) Ordinary shares of £1 each	2	2

Page 6