EHF (Magpie Murders) Ltd Filleted accounts for Companies House (small and micro)
EHF (Magpie Murders) Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
12986918
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Statement of Financial Position |
31 Mar 23 |
14 Dec 21 |
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Note |
£ |
£ |
Current assets
Debtors |
6 |
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Cash at bank and in hand |
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-------- |
------------ |
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Creditors: amounts falling due within one year |
7 |
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-------- |
------------ |
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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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Net assets |
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---- |
---- |
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Capital and reserves
Called up share capital |
8 |
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---- |
---- |
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Shareholders funds |
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---- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
.
These accounts were approved by the
board of directors
and authorised for issue on
8 August 2023
, and are signed on behalf of the board by:
|
Director |
Company registration number:
12986918
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Notes to the Accounts |
Period from 15 December 2021 to 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange Street, London, WC2H 7DQ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
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 the transaction. Exchange differences are taken into account in arriving at the operating profit.
Significant estimation technique adopted
Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production, as noted in "Revenue recognition" below.
Comparatives
The accounts cover the period from 15 December 2021 to 31 March 2023. The comparatives cover the period from 1 July 2021 to 14 December 2021.
The accounting period has been extended to align the accounting period end with the group.
Revenue recognition
Income tax
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employees
The company has been incorporated to produce the television series called "Magpie Murders". In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration.
5.
Tax on loss
Major components of tax income
Period from |
Period from |
|
15 Dec 21 to |
1 Jul 21 to |
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31 Mar 23 |
14 Dec 21 |
|
£ |
£ |
|
Current tax:
UK current tax income |
(
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(
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-------- |
--------- |
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Tax on loss |
(
|
(
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-------- |
--------- |
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Reconciliation of tax income
The tax assessed on the loss on ordinary activities for the period is lower than (2021: lower than) the
standard rate of corporation tax in the UK
of
19
% (2021:
19
%).
Period from |
Period from |
|
15 Dec 21 to |
1 Jul 21 to |
|
31 Mar 23 |
14 Dec 21 |
|
£ |
£ |
|
Loss on ordinary activities before taxation |
(
|
(
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-------- |
--------- |
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High-end television tax relief |
(43,861) |
(528,461) |
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--------- |
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6.
Debtors
31 Mar 23 |
14 Dec 21 |
|
£ |
£ |
|
Prepayments and accrued income |
|
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VAT recoverable |
– |
52,831 |
Corporation tax recoverable |
43,861 |
528,461 |
Other debtors |
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------------ |
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7.
Creditors:
amounts falling due within one year
31 Mar 23 |
14 Dec 21 |
|
£ |
£ |
|
Accruals and deferred income |
|
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Social security and other taxes |
|
– |
Production loan |
43,861 |
534,496 |
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8.
Called up share capital
Issued, called up and fully paid
31 Mar 23 |
14 Dec 21 |
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No. |
£ |
No. |
£ |
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|
1 |
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1 |
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---- |
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9.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under the FRS 102 Section 1a.
10.
Controlling party
In the opinion of the directors, the company is under the control of Eleventh Hour Films Ltd.