Profits at film director Sheridan's Irish firm dip to €323,193
Published 23/04/2014 | 02:30
Six-time Oscar-nominated movie director Jim Sheridan's main Irish firm saw profits dip marginally to €323,193 in 2012.
Figures lodged with the Companies Office show that the director of 'My Left Foot' also paid back his Chartscript Ltd €529,002 last September that had been outstanding at the end of December 2012.
Mr Sheridan, pictured above, who has confirmed his plans to make a movie around Ireland's economic crash, saw the cash pile at his own firm drop from €655,621 to €111,238 in 2012.
During the same period, money owed to the firm by debtors increased from €37,156 to €577,974.
The 65-year-old director attended the recent Anglo trial as part of research for his planned "Swiftian satire" of a movie into the crash and, in a recent newspaper interview, admitted that he lost millions during the crash "on paper".
The figures for Chartscript Ltd show that the firm's accumulated profits dropped by €15,129 from €338,322 to €323,193.
The figures show that the firm recorded an operating profit for 2012 before account is taken of non-cash depreciation charges and other amounts written off tangible assets of €104,191.
A note attached to the accounts states that Mr Sheridan charges the company for his services as he is an independent contractor. Mr Sheridan is also a director and shareholder in CK Broadcasting Ltd, the firm behind the radio station KCLR 96FM.
Earlier this month, the station secured a further 10-year licence to broadcast to the Carlow/Kilkenny area to 2024.
The firm's most recent accounts show that CK Broadcasting Ltd's accumulated losses reduced from €1.189m to €1.158m in the 12 months to the end of December 31, 2012.