Buffy Dog Productions Limited Filleted accounts for Companies House (small and micro)
Buffy Dog Productions Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
14016371
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Statement of Financial Position |
31 Oct 23 |
31 May 22 |
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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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------------ |
---- |
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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 comprehensive income 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
6 December 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
14016371
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Notes to the Accounts |
Period from 1 June 2022 to 31 October 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 The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
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 1 June 2022 to 31 October 2023. The comparatives cover the period from incorporation to 31 May 2022.
The accounting period has been extended to ensure that the accounting period and tax credit claim is conterminous.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Revenue recognition
Income tax
Financial instruments
4.
Employees
The company has been incorporated to produce a high-end television series called "Dance School". 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 |
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1 Jun 22 to |
31 Mar 22 to |
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31 Oct 23 |
31 May 22 |
|
£ |
£ |
|
Current tax:
UK current tax income |
(
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– |
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Tax on loss |
(
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– |
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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 (2022: the same as) the
standard rate of corporation tax in the UK
of
19
% (2022:
19
%).
Period from |
Period from |
|
1 Jun 22 to |
31 Mar 22 to |
|
31 Oct 23 |
31 May 22 |
|
£ |
£ |
|
Loss on ordinary activities before taxation |
(
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– |
------------ |
---- |
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High-end television tax relief |
(1,236,014) |
– |
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---- |
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6.
Debtors
31 Oct 23 |
31 May 22 |
|
£ |
£ |
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Trade debtors |
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– |
VAT recoverable |
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– |
Corporation tax recoverable |
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– |
Other debtors |
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7.
Creditors:
amounts falling due within one year
31 Oct 23 |
31 May 22 |
|
£ |
£ |
|
Trade creditors |
|
– |
Accruals and deferred income |
|
– |
Production loan |
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– |
Other creditors |
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– |
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– |
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8.
Called up share capital
Issued, called up and fully paid
31 Oct 23 |
31 May 22 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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9.
Contingent liabilities
10.
Related party transactions
During the period no related-party transactions took place. All transactions related to the production of the television series "Dance School" and arose on an arm's-length basis through the normal course of business. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.
11.
Controlling party
In the opinion of the directors the parent undertaking and controlling party is
Duck Soup Films Limited
, a company incorporated in England and Wales.