Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-310false2021-03-08No description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13249774 2021-03-07 13249774 2021-03-08 2022-03-31 13249774 2020-03-08 2021-03-07 13249774 2022-03-31 13249774 c:Director3 2021-03-08 2022-03-31 13249774 d:CurrentFinancialInstruments 2022-03-31 13249774 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13249774 d:ShareCapital 2022-03-31 13249774 c:FRS102 2021-03-08 2022-03-31 13249774 c:AuditExempt-NoAccountantsReport 2021-03-08 2022-03-31 13249774 c:FullAccounts 2021-03-08 2022-03-31 13249774 c:PrivateLimitedCompanyLtd 2021-03-08 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 13249774









CONSTELLATIONS WE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2022

 
CONSTELLATIONS WE LIMITED
REGISTERED NUMBER: 13249774

BALANCE SHEET
AS AT 31 MARCH 2022

2022
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
  
123,211

Cash at bank and in hand
  
114,486

  
237,697

Creditors: amounts falling due within one year
  
(237,694)

Net current assets
  
 
 
3

Total assets less current liabilities
  
3

  

Net assets
  
3


Capital and reserves
  

Called up share capital 
  
3

  
3


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 August 2022.




Henrietta Lucy Anne Finch
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
CONSTELLATIONS WE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2022

1.


General information

Constellations WE Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 3 Dryden Street, London WC2E 9NA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day to day working capital requirements through its own resources and loans from third party angel investors who have provided funds specifically to support the company.
In March 2020 the World Health Organisation declared the Coronavirus a pandemic. Although there are currently no government restrictions preventing theatres in the UK being open without limiting capacity, the risk remains that rehearsals and performances could be delayed or cancelled because of positive cases within the performing company. However, with the continued success of the vaccination programme, audience confidence and attendance numbers at productions should improve.
The directors have prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the reserves and cash held, indicate that the company has adequate resources to continue in operational existence for the foreseeable future. Further financial support has been received by way of a bounce back loan. It is, however, difficult to determine the assumptions that will prove to be the most appropriate therefore there is an element of uncertainty existing.
After reviewing the forecasts and projections, at the time of approving these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises of box office sales, net of commissions and banking charges and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurred.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 2

 
CONSTELLATIONS WE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

The average monthly number of employees, including directors, during the period was 0.


4.


Debtors

2022
£


Trade debtors
4,126

Other debtors
119,085

123,211



5.


Cash and cash equivalents

2022
£

Cash at bank and in hand
114,486

114,486


Page 3

 
CONSTELLATIONS WE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2022

6.


Creditors: Amounts falling due within one year

2022
£

Other creditors
2,154

Accruals and deferred income
235,540

237,694


 
Page 4