52
false
false
false
false
false
false
false
false
false
true
true
false
false
false
false
false
No description of principal activity
2020-12-28
Sage Accounts Production Advanced 2021 - FRS102_2021
366,322
935,741
48,957
51,428
100,385
100,385
xbrli:pure
xbrli:shares
iso4217:GBP
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08447415
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08447415
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08447415
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08447415
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08447415
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08447415
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08447415
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08447415
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2021-12-26
08447415
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2020-12-27
08447415
core:ComputerEquipment
2021-12-26
COMPANY REGISTRATION NUMBER:
08447415
Entertainment One Unscripted TV UK Ltd
|
|
Entertainment One Unscripted TV UK Ltd
|
|
Period from 28 December 2020 to 26 December 2021
Officers and professional advisers
|
1
|
|
|
Independent auditor's report to the members
|
4
|
|
|
Statement of comprehensive income
|
8
|
|
|
Statement of financial position
|
9
|
|
|
Statement of changes in equity
|
10
|
|
|
Notes to the financial statements
|
11
|
|
|
Entertainment One Unscripted TV UK Ltd
|
|
Officers and Professional Advisers
|
|
The board of directors
|
M A Pritchard
|
|
P W Stead
|
|
M C R S Walton
|
|
N K Gascoigne
|
|
|
Registered office
|
96 Kirkstall Road
|
|
Leeds
|
|
United Kingdom
|
|
LS3 1HD
|
|
|
Auditor
|
Shipleys LLP
|
|
Chartered accountants & statutory auditor
|
|
10 Orange Street
|
|
Haymarket
|
|
London
|
|
WC2H 7DQ
|
|
|
Entertainment One Unscripted TV UK Ltd
|
|
Period from 28 December 2020 to 26 December 2021
The directors present their report and the financial statements of the company for the period ended
26 December 2021
.
Directors
The directors who served the company during the period were as follows:
P W Stead
|
|
M A Pritchard
|
(Appointed
22 January 2021)
|
M C R S Walton
|
(Appointed
22 January 2021)
|
E D Parry
|
(Resigned
15 October 2021)
|
T C Long
|
(Resigned
22 January 2021)
|
|
|
Directors' responsibilities statement
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a director at the date of approval of this report confirms that:
-
so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
28 March 2023
and signed on behalf of the board by:
Entertainment One Unscripted TV UK Ltd
|
|
Independent Auditor's Report to the Members of
Entertainment One Unscripted TV UK Ltd
|
|
Period from 28 December 2020 to 26 December 2021
Opinion
We have audited the financial statements of Entertainment One Unscripted TV UK Ltd (the 'company') for the period ended 26 December 2021 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 26 December 2021 and of its profit for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
-
the directors' report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic report.
Responsibilities of directors
As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: - We obtained an understanding of the Company's business, controls, legal and regulatory frameworks, laws and regulations and assessed the susceptibility of the Company's financial statements to material misstatement from irregularities, including fraud, are instances of non-compliance with laws and regulations. - Based on this understanding we designed our audit procedures to detecting irregularities, including fraud. Testing undertaken included making enquiries on the management; journal entry testing; review of any correspondence received from regulatory bodies; reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. These procedures were designed to provide reasonable assurance that the financial statemen ts were free from fraud or error. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Terrence Bourne
|
(Senior Statutory Auditor)
|
|
For and on behalf of
|
Shipleys LLP
|
Chartered accountants & statutory auditor
|
10 Orange Street
|
Haymarket
|
London
|
WC2H 7DQ
|
|
29 March 2023
Entertainment One Unscripted TV UK Ltd
|
|
Statement of Comprehensive Income
|
|
Period from 28 December 2020 to 26 December 2021
|
Period from
|
Period from
|
|
28 Dec 20 to
|
1 Jul 19 to
|
|
26 Dec 21
|
27 Dec 20
|
Note
|
£
|
£
|
Turnover
|
10,063,504
|
10,624,259
|
|
|
|
Cost of sales
|
(
7,869,748)
|
(
8,120,325)
|
|
-------------
|
-------------
|
Gross profit
|
2,193,756
|
2,503,934
|
|
|
|
Administrative expenses
|
(
1,721,065)
|
(
1,313,702)
|
Other operating income
|
–
|
1,181
|
|
------------
|
------------
|
Operating profit
|
472,691
|
1,191,413
|
|
|
|
Other interest receivable and similar income
|
21
|
246
|
Interest payable and similar expenses
|
(
10,221)
|
(
12,526)
|
|
|
------------
|
------------
|
Profit before taxation
|
5
|
462,491
|
1,179,133
|
|
|
|
|
Tax on profit
|
6
|
(
96,169)
|
(
243,392)
|
|
---------
|
------------
|
Profit for the financial period and total comprehensive income
|
366,322
|
935,741
|
|
---------
|
------------
|
|
|
|
|
All the activities of the company are from continuing operations.
Entertainment One Unscripted TV UK Ltd
|
|
Statement of Financial Position
|
|
26 December 2021
|
26 Dec 21
|
27 Dec 20
|
Note
|
£
|
£
|
|
|
|
Fixed assets
Intangible assets
|
7
|
100,385
|
48,956
|
Tangible assets
|
8
|
35,197
|
73,612
|
|
---------
|
---------
|
|
135,582
|
122,568
|
|
|
|
|
Current assets
Debtors
|
9
|
1,091,628
|
1,937,561
|
Cash at bank and in hand
|
3,214,820
|
1,135,967
|
|
------------
|
------------
|
|
4,306,448
|
3,073,528
|
|
|
|
|
Creditors: amounts falling due within one year
|
10
|
(
3,019,147)
|
(
2,125,549)
|
|
------------
|
------------
|
Net current assets
|
1,287,301
|
947,979
|
|
------------
|
------------
|
Total assets less current liabilities
|
1,422,883
|
1,070,547
|
|
|
|
|
Provisions
|
–
|
(
13,986)
|
|
------------
|
------------
|
Net assets
|
1,422,883
|
1,056,561
|
|
------------
|
------------
|
|
|
|
Capital and reserves
Called up share capital
|
11
|
1
|
1
|
Profit and loss account
|
1,422,882
|
1,056,560
|
|
------------
|
------------
|
Shareholders funds
|
1,422,883
|
1,056,561
|
|
------------
|
------------
|
|
|
|
|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the
board of directors
and authorised for issue on
28 March 2023
, and are signed on behalf of the board by:
Company registration number:
08447415
Entertainment One Unscripted TV UK Ltd
|
|
Statement of Changes in Equity
|
|
Period from 28 December 2020 to 26 December 2021
|
Called up share capital
|
Profit and loss account
|
Total
|
|
£
|
£
|
£
|
At 1 July 2019
|
1
|
670,819
|
670,820
|
|
|
|
|
Profit for the period
|
|
935,741
|
935,741
|
|
----
|
---------
|
---------
|
Total comprehensive income for the period
|
–
|
935,741
|
935,741
|
|
|
|
|
Dividends paid and payable
|
–
|
(
550,000)
|
(
550,000)
|
|
----
|
---------
|
---------
|
Total investments by and distributions to owners
|
–
|
(
550,000)
|
(
550,000)
|
|
|
|
|
At 27 December 2020
|
1
|
1,056,560
|
1,056,561
|
|
|
|
|
Profit for the period
|
|
366,322
|
366,322
|
|
----
|
------------
|
------------
|
Total comprehensive income for the period
|
–
|
366,322
|
366,322
|
|
|
|
|
|
----
|
------------
|
------------
|
At 26 December 2021
|
1
|
1,422,882
|
1,422,883
|
|
----
|
------------
|
------------
|
|
|
|
|
Entertainment One Unscripted TV UK Ltd
|
|
Notes to the Financial Statements
|
|
Period from 28 December 2020 to 26 December 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 96 Kirkstall Road, Leeds, LS3 1HD, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Comparatives
The accounts cover the period from 28 December 2020 to 27 December 2021. The comparatives cover the period from 1 July 2019 to 27 December 2020.
The prior accounting period was extended to ensure the accounting period was coterminous with the group.
Going concern
The company made a profit of £366,322 (27 December 2020: £935,741) during the year and had net assets of £1,422,883 (27 December 2020: £1,056,561) at the balance sheet date. The directors have considered the basis of preparation of the financial statements and have concluded that it is appropriate to prepare these on the going concern basis for at least 12 months from the signing of the financial statements.
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
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: 1. The amount of revenue can be reliably measured 2. It is probable that future economic benefits will flow to the entity; and 3. Specific criteria have been met for each of the company's activities.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Research and development
Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant and machinery
|
-
|
25% straight line
|
|
Fixtures and fittings
|
-
|
25% straight line
|
|
Equipment
|
-
|
25% straight line
|
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
52
(2020:
43
).
5.
Profit before taxation
Profit before taxation is stated after charging:
|
Period from
|
Period from
|
|
28 Dec 20 to
|
1 Jul 19 to
|
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
Depreciation of tangible assets
|
39,852
|
58,332
|
|
--------
|
--------
|
|
|
|
6.
Tax on profit
Major components of tax expense
|
Period from
|
Period from
|
|
28 Dec 20 to
|
1 Jul 19 to
|
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
|
|
|
Current tax:
UK current tax expense
|
96,169
|
243,392
|
|
--------
|
---------
|
Tax on profit
|
96,169
|
243,392
|
|
--------
|
---------
|
|
|
|
Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the period is higher than (2020: higher than) the
standard rate of corporation tax in the UK
of
19
% (2020:
19
%).
|
Period from
|
Period from
|
|
28 Dec 20 to
|
1 Jul 19 to
|
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
Profit on ordinary activities before taxation
|
462,491
|
1,179,133
|
|
---------
|
------------
|
Profit on ordinary activities by rate of tax
|
87,873
|
224,035
|
Adjustment to tax charge in respect of prior periods
|
7,808
|
2,009
|
Effect of expenses not deductible for tax purposes
|
15,359
|
12,480
|
Effect of capital allowances and depreciation
|
(
7,572)
|
(
9,118)
|
Movement in deferred taxation
|
(
7,299)
|
13,986
|
|
---------
|
------------
|
Tax on profit
|
96,169
|
243,392
|
|
---------
|
------------
|
|
|
|
7.
Intangible assets
|
Development costs
|
|
£
|
Cost
|
|
At 28 December 2020
|
48,957
|
Additions
|
51,428
|
|
---------
|
At 26 December 2021
|
100,385
|
|
---------
|
Amortisation
|
|
At 28 December 2020 and 26 December 2021
|
–
|
|
---------
|
Carrying amount
|
|
At 26 December 2021
|
100,385
|
|
---------
|
At 27 December 2020
|
48,957
|
|
---------
|
|
|
8.
Tangible assets
|
Plant and machinery
|
Fixtures and fittings
|
Equipment
|
Total
|
|
£
|
£
|
£
|
£
|
Cost
|
|
|
|
|
At 28 December 2020
|
143,294
|
2,407
|
76,112
|
221,813
|
Additions
|
–
|
–
|
1,437
|
1,437
|
Disposals
|
–
|
–
|
(
1,207)
|
(
1,207)
|
|
---------
|
-------
|
--------
|
---------
|
At 26 December 2021
|
143,294
|
2,407
|
76,342
|
222,043
|
|
---------
|
-------
|
--------
|
---------
|
Depreciation
|
|
|
|
|
At 28 December 2020
|
102,014
|
1,071
|
45,116
|
148,201
|
Charge for the period
|
13,464
|
1,034
|
25,354
|
39,852
|
Disposals
|
–
|
–
|
(
1,207)
|
(
1,207)
|
|
---------
|
-------
|
--------
|
---------
|
At 26 December 2021
|
115,478
|
2,105
|
69,263
|
186,846
|
|
---------
|
-------
|
--------
|
---------
|
Carrying amount
|
|
|
|
|
At 26 December 2021
|
27,816
|
302
|
7,079
|
35,197
|
|
---------
|
-------
|
--------
|
---------
|
At 27 December 2020
|
41,280
|
1,336
|
30,996
|
73,612
|
|
---------
|
-------
|
--------
|
---------
|
|
|
|
|
|
9.
Debtors
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
Trade debtors
|
657,905
|
1,124,049
|
Amounts owed by group undertakings
|
137,938
|
36,191
|
Prepayments and accrued income
|
241,577
|
728,381
|
Other debtors
|
54,208
|
48,940
|
|
------------
|
------------
|
|
1,091,628
|
1,937,561
|
|
------------
|
------------
|
|
|
|
10.
Creditors:
amounts falling due within one year
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
Trade creditors
|
300,510
|
62,133
|
Amounts owed to group undertakings
|
969,125
|
321,000
|
Accruals and deferred income
|
1,131,444
|
1,052,441
|
Corporation tax
|
290,159
|
227,397
|
Social security and other taxes
|
287,909
|
422,578
|
Other creditors
|
40,000
|
40,000
|
|
------------
|
------------
|
|
3,019,147
|
2,125,549
|
|
------------
|
------------
|
|
|
|
11.
Called up share capital
Issued, called up and fully paid
|
26 Dec 21
|
27 Dec 20
|
|
No.
|
£
|
No.
|
£
|
Ordinary shares of £ 1 each
|
1
|
1
|
1
|
1
|
|
----
|
----
|
----
|
----
|
|
|
|
|
|
12.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
26 Dec 21
|
27 Dec 20
|
|
£
|
£
|
Not later than 1 year
|
10,420
|
8,500
|
Later than 1 year and not later than 5 years
|
2,880
|
–
|
|
--------
|
-------
|
|
13,300
|
8,500
|
|
--------
|
-------
|
|
|
|
13.
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 of the transaction is wholly owned by a member of that group. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102 Section 1A.
14.
Controlling party
At the balance sheet date the company was a wholly owned subsidiary of
Entertainment One UK Holdings Ltd
. At the year end, the ultimate controlling company was Hasbro, Inc
. Copies of the financial statements of Hasbro Inc., for the year ended 27 December 2021 may be obtained from 1027 Newport Avenue, Pawtucket, Rhode Island, 02861.