Brassic Universe Limited Filleted accounts for Companies House (small and micro)
Brassic Universe Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
13262694
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Current assets
Debtors |
5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
(
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(
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Shareholders funds |
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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.
Director's responsibilities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts were approved by the
board of directors
and authorised for issue on
31 May 2024
, and are signed on behalf of the board by:
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Director |
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Company registration number:
13262694
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Notes to the Accounts |
Year ended 31 August 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, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Comparatives
The accounts cover the year 31 August 2023, the comparative figures cover the period from 15 January 2022 to 31 August 2022 hence the results are not entirely comparable.
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.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Financial instruments
4.
Employees
The company has been incorporated to produce a high-end television series entitled "Brassic - Series 4". 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.
Debtors
2023 |
2022 |
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£ |
£ |
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Trade debtors |
– |
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VAT recoverable |
– |
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Corporation tax recoverable |
– |
689,835
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Trade creditors |
– |
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Accruals and deferred income |
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Social security and other taxes |
– |
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Production loan |
– |
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7.
Contingent liabilities
8.
Related party transactions
The company has taken advantage of Section 33 of FRS 102 from disclosing transactions entered into between two or more members of a group, where any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group. During the year, all related party transactions related to the production of the television series entitled "Brassic - series 4" and arose on an arm's-length basis through the normal course of business. As such, no transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
9.
Controlling party
In the opinion of the directors the parent undertaking and controlling party is
Calamity Films Limited
, a company incorporated in England and Wales. The ultimate controlling party is D E Livingstone
by right of sole shareholding in Calamity Films Limited