Anhinga Media Limited - Accounts to registrar (filleted) - small 23.1.5
Anhinga Media Limited - Accounts to registrar (filleted) - small 23.1.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2023 |
| for |
| ANHINGA MEDIA LIMITED |
| ANHINGA MEDIA LIMITED (REGISTERED NUMBER: 10634129) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ANHINGA MEDIA LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 MARCH 2023 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 5 Godalming Business Centre |
| Woolsack Way |
| Godalming |
| Surrey |
| GU7 1XW |
| ANHINGA MEDIA LIMITED (REGISTERED NUMBER: 10634129) |
| Balance Sheet |
| 31 MARCH 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| 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 |
| ANHINGA MEDIA LIMITED (REGISTERED NUMBER: 10634129) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2023 |
| 1. | STATUTORY INFORMATION |
| Anhinga Media Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts are prepared in Sterling, which is the functional and presentational currency of the entity. |
| Going concern |
| The directors have reviewed the forecasts for the company and have a reasonable expectation that the company has adequate resources to continue as a going concern for the foreseeable future, being at least twelve months from the date these financial statements have been approved. |
| Turnover |
| Turnover comprises the company's revenue in respect of production and exploitation of television programmes or films during the period exclusive of Value Added Tax. Fees are recognised once the right to the income has been earned. |
| Turnover also includes interest earned on loan finance provided during the period. Turnover is recognised in the period in which the interest and fees fall due in accordance with the loan agreement. |
| Stocks |
| Stock is stated at the lower of cost and net realisable value. Cost comprises expenditure in respect of the |
| development and production of television programmes or films. Net realisable value is the expected selling price or other cumulative income stream that is prudently anticipated from a programme after taking account of costs of completion and bringing it to market. |
| 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. |
| 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 transaction. Exchange differences are taken into account in arriving at the operating result. |
| Fixed asset investments |
| Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated |
| impairment losses. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2022 - |
| ANHINGA MEDIA LIMITED (REGISTERED NUMBER: 10634129) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2023 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 April 2022 |
| and 31 March 2023 |
| NET BOOK VALUE |
| At 31 March 2023 |
| At 31 March 2022 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2023 | 2022 |
| value: | £ | £ |
| A Ordinary Shares | £0.10 | 293,586 | 498,027 |
| B Ordinary Shares | £0.10 | 1 | 1 |
| 293,587 | 498,028 |
| On 22/09/2022 2,044,403 Ordinary A Shares were cancelled and and £2,049,995.85 returned to shareholders, an amount of £1,845,555.55 has been charged to share premium in accordance with CA2006 s 641. |
| Details of the various share rights attached to each type of share capital is included in the Articles of Association. |
| 8. | OTHER FINANCIAL COMMITMENTS |
| As at the reporting date, the company had no financial or other commitments or contracts for capital expenditure in place (2022: £nil). |
| 9. | RELATED PARTY DISCLOSURES |
| No transactions were undertaken with related parties as such that are required to be disclosed under FRS 102. |