Thursday 22 February 2018

Profits at film director Sheridan's Irish firm dip to €323,193

A young Christy Brown at work. My Left Foot was Jim Sheridan's first film
A young Christy Brown at work. My Left Foot was Jim Sheridan's first film
Jim Sheridan

Gordon Deegan

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.

Irish Independent

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