ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-305truefalse5No description of principal activity2022-01-01false 06138577 2022-01-01 2022-09-30 06138577 2021-01-01 2021-12-31 06138577 2022-09-30 06138577 2021-12-31 06138577 c:Director4 2022-01-01 2022-09-30 06138577 d:CurrentFinancialInstruments 2022-09-30 06138577 d:CurrentFinancialInstruments 2021-12-31 06138577 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 06138577 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 06138577 d:ShareCapital 2022-09-30 06138577 d:ShareCapital 2021-12-31 06138577 c:FRS102 2022-01-01 2022-09-30 06138577 c:Audited 2022-01-01 2022-09-30 06138577 c:FullAccounts 2022-01-01 2022-09-30 06138577 c:PrivateLimitedCompanyLtd 2022-01-01 2022-09-30 06138577 c:SmallCompaniesRegimeForAccounts 2022-01-01 2022-09-30 iso4217:GBP xbrli:pure

Registered number: 06138577

B24 LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

B24 LIMITED

REGISTERED NUMBER: 06138577

BALANCE SHEET

AS AT 30 SEPTEMBER 2022

	30 September	31 December
	2022	2021
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	566,875		100
Cash at bank and in hand		42,173		42,262
		609,048		42,362
Creditors: amounts falling due within one year	5	(608,948)		(42,262)
Net current assets			100		100

Net assets			100		100

Capital and reserves
Called up share capital	100	100
	100	100

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 by:

John Roebuck

Director

Date: 29 June 2023

The notes on pages 2 to 4 form part of these financial statements.

Page 1

B24 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

1.	General information

B24 Limited is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS and the address of its principal place of business is Eon House, 138 Piccadilly, London W1J 7NR.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006.
The company's functional and presentational currency is GBP.
The following principal accounting policies have been applied:

2.2

Going concern

The directors have reviewed their intentions for the company and decided that the financial statements should be drawn up on a basis other than a going concern basis. As a result, all assets have been reflected as current assets and recorded at their recoverable values.

2.3

Revenue

Turnover represents amounts receivable for services in respect of film production and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

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.

2.6

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 receivables and payables, and loans from connected parties.

2.7

Creditors

Short term creditors are measured at the transaction price.

Page 2

B24 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

2.8

Taxation

The company is eligible to claim a tax credit on film production costs. The tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of the enhanced expenditure and carries losses arising from total net costs forward against future profits. The tax credit is recognised in the statement of comprehensive income.

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

2.9

Reporting period

The comparative period covers the year ended 31 December 2021 so it is not directly comparable to the current period.

Employees

The average monthly number of employees, including directors, during the period was 5 (2021 - 5).

Debtors

					30 September	31 December
					2022	2021
					£	£


Amounts owed by group undertakings	100	100
Other debtors	771	-
Tax recoverable	566,004	-
	566,875	100

Trade creditors	4,639	-
Other creditors	604,309	42,262
	608,948	42,262

Page 3

B24 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

6.	Related party transactions
	The company has taken advantage of the exemption contained in FRS102 section 33 "Related Party Disclosures" from disclosing transactions with companies that are a wholly owned member of the group.

7.	Controlling party

The parent company is Eon Productions Limited, a company registered in England and Wales, whose registered office address is 124 Finchley Road, London, NW3 5JS. There is no ultimate controlling party.

8.	Auditors' information

The auditors' report on the financial statements for the period ended 30 September 2022 was unqualified.

The audit report was signed on 30 June 2023 by Paul Taiano (Senior statutory auditor) on behalf of Nyman Libson Paul LLP.

Page 4