Nine Lives Productions Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08502948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2023

FOR

NINE LIVES PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

O S Sykes

REGISTERED OFFICE:

Unit 4a

Rutland Way

Sheffield

South Yorkshire

S3 8DG

REGISTERED NUMBER:

08502948 (England and Wales)

ACCOUNTANTS:

Morton Bradley Limited

Unit 4a

Rutland Way

Sheffield

South Yorkshire

S3 8DG

FIXED ASSETS

Tangible assets

4

145,463

30,830

CURRENT ASSETS

Debtors

5

1,177,034

1,269,662

Cash at bank

438,075

110,492

1,615,109

1,380,154

CREDITORS

Amounts falling due within one year

6

42,199

42,046

NET CURRENT ASSETS

1,572,910

1,338,108

TOTAL ASSETS LESS CURRENT LIABILITIES

1,718,373

1,368,938

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

1,718,369

1,368,934

SHAREHOLDERS' FUNDS

1,718,373

1,368,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 30th November 2023 and were signed by:

O S Sykes - Director

1.	STATUTORY INFORMATION

Nine Lives Productions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st May 2022

8,972

77,000

8,440

94,412

Additions

-

160,451

2,836

163,287

Disposals

-

(77,000

)

-

(77,000

)

At 30th April 2023

8,972

160,451

11,276

180,699

DEPRECIATION

At 1st May 2022

6,620

51,769

5,193

63,582

Charge for year

470

21,737

1,216

23,423

Eliminated on disposal

-

(51,769

)

-

(51,769

)

At 30th April 2023

7,090

21,737

6,409

35,236

NET BOOK VALUE

At 30th April 2023

1,882

138,714

4,867

145,463

At 30th April 2022

2,352

25,231

3,247

30,830

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade debtors

7,980

-

Other debtors

1,169,054

1,269,662

1,177,034

1,269,662

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Hire purchase contracts

23,758

-

Trade creditors

325

1

Taxation and social security

14,158

40,077

Other creditors

3,958

1,968

42,199

42,046