Item 1 - Business The Big River Productions Limited Partnership owns the rights to the play Big River. As of December 31, 2005, the partnership receives royalties.
Item 2
Item 2 - Properties Partnership maintains through its general partners offices at 230 W. 41st Street, New York, New York 10036.
Item 3
Item 3 - Legal Proceedings NONE
Item 4
Item 4 - Submission of matters to a vote of Security Holders Not Applicable
Item 5
Item 5 - Market for Registrants Common Equity & Stockholder Matters Not Applicable
Item 6
Item 6 - Selected Financial Data The following table sets forth selected financial information regarding the Company's financial position and operating results. This information should be read in conjunction with the financial statements and notes thereto and Managements discussion and analysis of financial condition and results of operations, appearing elsewhere in this report.
Income from continuing operation $ 214,721 Total Assets $ 215,460 Non-Current Obligations -0-
Item 7
Item 7 - Managements Discussion and Analysis of financial condition and results of operations The Partnership was capitalized by $2,500,000 of partners contributions during 1985 for the purpose of producing on Broadway a dramatic-musical play entitled "Big River". The Company's primary revenue source is from royalties from licensing agreements. The Company's royalty income was $214,721 during 2005.
Item 8
Item 8 - Financial Statement and Supplementary Data The financial statements and supplementary data listed on the accompanying Index to financial statements and Index to financial schedule are hereby incorporated herein by this reference and filed as part of this report.
Item 9
Item 9 - Disagreements on Accounting and Financial Disclosures NONE
Item 10
Item 10 - 13 Not Applicable
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP BALANCE SHEET DECEMBER 31, 2005
ASSETS
2005 2004 ------ -----
Current Assets
Cash in Bank $215,460 $58,777 ---------- ------- Total Assets $215,460 $58,777 =========== =======
LIABILITY & PARTNERS CAPITAL
Current Liabilities
Accrued Expenses 0 0 ------ ------
Total Liabilities 0 0
Partners Capital
Partners Capital 215,460 58,777 -------- -------
Total Partners Capital 215,460 58,777 -------- --------
Total Liabilities & Partners Capital $215,460 $58,777 ========= =========
See audit report and notes attached.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP STATEMENT OF INCOME AND PARTNERS' CAPITAL FOR THE YEAR ENDED DECEMBER 31, 2005
2005 2004 ---- ----- Income: Royalty $214,721 $21,010 ------- --------
Total Income 214,721 21,010
Less: Expenses Royalty Expense 51,593 15,022 General Manager Fee 1,200 1,200 Professional 5,245 4,945 Administration Expense 0 0 -------- ------- Total Expenses 58,038 21,167 ------ -------
Net Income Before Taxes 156,683 (157)
Provision for NYC Unincorporated Business Tax 0 (627) ------- ------- Net Income Before Interest Income 156,683 (784)
Interest Income 0 0 ------ -------
Net Income 156,683 (784)
Partners' Capital - Beginning of Year 58,777 59,561
Less: Distribution to Partners 0 0 ------- -------
Partners' Capital - End of Year 215,460 58,777 ======= =======
See audit report and notes attached.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2005
2005 2004 ----- ----- CASH FLOWS FROM OPERATING ACTIVITIES Net Income/Loss 156,683 (784) Adjustments to reconcile net income to net cash provided by operating activities Increase/Decrease) in accrued expenses 0 0 -------- --------
Total Adjustments 0 0 -------- --------- Net Cash Provided by Operating Activities 156,683 (784)
CASH FLOWS FROM FINANCING ACTIVITIES Capital Distributions 0 0 -------- ----------- Net cash used for financing activities 0 0
Net cash increase/(decrease) for year 156,683 (784)
Cash and Cash equivalents at beginning of year 58,777 59,561 --------- ---------
Cash and cash equivalents at end of year 215,460 58,777 ======== =========
See audit report and notes attached.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2005 AND 2004
Note 1 - General
The Big River Productions Limited Partnership (the "Company") owns shares in subsidiary rights of the property Big River, including all live stock and amateur performances.
Note 2 - Accounting Policies
A) The Company uses the accrual method of accounting for royalty income and related expenses.
B) The Company reports the statement of cash flows in accordance with the Financial Accounting Standards Board statement No. 95. For purposes of this statement, all highly liquid securities with a maturity of three months or less are considered to be cash equivalents.
C) Concentration of Credit Risk - The Company deposits money with credit worthy institutions that are insured with the Federal Deposit Insurance Corporation which limits the amount of coverage to $100,000 in aggregate. At December 31, 2005, the Company had uninsured balances of $167,705.
Note 3 - Commitments & Contingencies
The Company has no long term leases.
Note 4 - Management Estimates
The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, results could differ from those estimates.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP (Registrant)
Date: ------------- ---------------- By: Steve Bloom (Officer) Dodger Stage Holding Theatrical, Inc., General Partner
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE YEAR ENDED DECEMBER 31, 2005 COMMISSION FILE# 2-94790-NY
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP -------------------------------------------
NEW YORK 13-3243107 - -------------------------------------------------------------------- (State of other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.)
230 WEST 41ST STREET NEW YORK, NEW YORK 10036 - -------------------------------------------------------------- (Address of principal executive offices) (Zip Code)
Registrants telephone number, including Area Code (212) 575-9710 ------------- Indicate by check mark whether the Registrant (1) has filed all reports required to be filed under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the proceeding 12 months and (2) has been subject to such filing requirements for the past 90 days.
YES X NO -- --