ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

NAMARA FILM PRODUCTIONS LTD - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true32022-07-01truefalsecinematographic films3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01160320 2022-07-01 2023-03-31 01160320 2021-07-01 2022-06-30 01160320 2023-03-31 01160320 2022-06-30 01160320 c:Director1 2022-07-01 2023-03-31 01160320 d:CurrentFinancialInstruments 2023-03-31 01160320 d:CurrentFinancialInstruments 2022-06-30 01160320 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01160320 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 01160320 d:ShareCapital 2023-03-31 01160320 d:ShareCapital 2022-06-30 01160320 d:RetainedEarningsAccumulatedLosses 2023-03-31 01160320 d:RetainedEarningsAccumulatedLosses 2022-06-30 01160320 c:OrdinaryShareClass1 2022-07-01 2023-03-31 01160320 c:OrdinaryShareClass1 2023-03-31 01160320 c:OrdinaryShareClass2 2022-07-01 2023-03-31 01160320 c:OrdinaryShareClass2 2023-03-31 01160320 c:FRS102 2022-07-01 2023-03-31 01160320 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-03-31 01160320 c:FullAccounts 2022-07-01 2023-03-31 01160320 c:PrivateLimitedCompanyLtd 2022-07-01 2023-03-31 01160320 4 2022-07-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01160320

PARADINE CO-PRODUCTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023


PARADINE CO-PRODUCTIONS LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 4


PARADINE CO-PRODUCTIONS LIMITED REGISTERED NUMBER:01160320

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2023

	31 March	30 June
	2023	2022
Note	£	£


Current assets
Debtors: amounts falling due within one year	5	5,894	9,391
Cash at bank and in hand		5,508	22,402
		11,402	31,793
Current liabilities
Creditors: amounts falling due within one year	6	(10,073)	(50,242)

Net assets/(liabilities)		1,329	(18,449)

Capital and reserves
Called up share capital	7	1,000	1,000
Profit and loss account		329	(19,449)
		1,329	(18,449)

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 period in question in accordance with section 476 of the 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 8 June 2023.

W Frost

Director

Page 1


PARADINE CO-PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

1.	General information

Paradine Co-Productions Limited is a private 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 Company's functional and presentational currency is £ Sterling.

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

Revenue

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

2.3

Debtors

Short term debtors are measured at the transaction price.

2.4

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.

2.5

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.

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

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.

Page 2


PARADINE CO-PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

2.8

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.

2.9

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Employees

The average monthly number of employees, including directors, during the period was 3 (2022 - 3).

Employees

The directors were the only employees during the current and preceding period.

Page 3


PARADINE CO-PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

Debtors

					31 March	30 June
					2023	2022
					£	£


Other debtors	5,894	9,391

Trade creditors	728	-
Corporation tax	6,547	1,907
Other taxation and social security	1,032	-
Other creditors	-	45,834
Accruals and deferred income	1,766	2,501
	10,073	50,242

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 all respects.

Page 4