Caseware UK (AP4) 2021.0.152 2021.0.152 2022-02-282022-02-28Tax is recognised in the Statement of Income and Retained Earnings. The current corporation 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. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that: The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22021-03-01No description of principal activity2true 01435735 2021-03-01 2022-02-28 01435735 2020-03-01 2021-02-28 01435735 2022-02-28 01435735 2021-02-28 01435735 c:CompanySecretary1 2021-03-01 2022-02-28 01435735 c:Director1 2021-03-01 2022-02-28 01435735 c:Director2 2021-03-01 2022-02-28 01435735 c:RegisteredOffice 2021-03-01 2022-02-28 01435735 d:CurrentFinancialInstruments 2022-02-28 01435735 d:CurrentFinancialInstruments 2021-02-28 01435735 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 01435735 d:CurrentFinancialInstruments d:WithinOneYear 2021-02-28 01435735 d:ShareCapital 2022-02-28 01435735 d:ShareCapital 2021-02-28 01435735 d:RetainedEarningsAccumulatedLosses 2022-02-28 01435735 d:RetainedEarningsAccumulatedLosses 2021-02-28 01435735 c:FRS102 2021-03-01 2022-02-28 01435735 c:AuditExempt-NoAccountantsReport 2021-03-01 2022-02-28 01435735 c:FullAccounts 2021-03-01 2022-02-28 01435735 c:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 01435735 6 2021-03-01 2022-02-28 iso4217:GBP xbrli:pure
Registered number: 01435735









 

THE ARTISTE TOURING CO. LIMITED

FINANCIAL STATEMENTS
 
FOR THE YEAR ENDED 28 FEBRUARY 2022

 
THE ARTISTE TOURING CO. LIMITED
 

COMPANY INFORMATION


Directors
H. A. Goldsmith CBE 
D. R. Goldsmith 




Company secretary
D. R. Goldsmith



Registered number
01435735



Registered office
1st Floor Sackville House

143-149 Fenchurch Street

London

EC3M 6BN





 
THE ARTISTE TOURING CO. LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
THE ARTISTE TOURING CO. LIMITED
REGISTERED NUMBER: 01435735

BALANCE SHEET
AS AT 28 FEBRUARY 2022

2022
2021
Note
£
£

FIXED ASSETS
  

Investments
 4 
231,425
224,684

CURRENT ASSETS
  

Debtors
 5 
659,814
665,574

Cash at bank and in hand
  
18,839
1,721

  
678,653
667,295

Creditors: amounts falling due within one year
 6 
(898,595)
(887,727)

NET CURRENT LIABILITIES
  
 
 
(219,942)
 
 
(220,432)

  

NET ASSETS
  
11,483
4,252


CAPITAL AND RESERVES
  

Allotted, called up and fully paid share capital
  
2
2

Profit and loss account
  
11,481
4,250

EQUITY SHAREHOLDERS' FUNDS
  
11,483
4,252


Page 1

 
THE ARTISTE TOURING CO. LIMITED
REGISTERED NUMBER: 01435735

BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2022

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 year 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 Directors' Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

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




H. A. Goldsmith CBE
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
THE ARTISTE TOURING CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

1.


GENERAL INFORMATION

The Artiste Touring Co. Limited (Company number 01435735), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, EC6M 6BN, and trading address at 2nd Floor, 60-62 Great Titchfield Street, London, W1W 7QG, is a private limited company incorporated in England and Wales.

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

Statement of Cash Flows

The company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to provide a Statement of Cash Flows on the grounds that is a small company.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Valuation of investments

Investments are measured at cost less accumulated impairment.

 
2.5

Debtors

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

Page 3

 
THE ARTISTE TOURING CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

2.ACCOUNTING POLICIES (continued)

 
2.6

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 and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the Balance Sheet date.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Foreign currency translation

Functional and presentation currency
The company's functional and presentational currency is British Pounds Sterling (GBP).
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period-end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Income and Retained Earnings except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 4

 
THE ARTISTE TOURING CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

2.ACCOUNTING POLICIES (continued)

 
2.9

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current corporation 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.
Deferred tax balances are recognised in respect of all timing differences that have originated but not
reversed by the Balance Sheet date, except that:
 
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
 
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 5

 
THE ARTISTE TOURING CO. LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

4.


FIXED ASSET INVESTMENTS





Fixed asset investments

£



COST AND NET BOOK VALUE


At 1 March 2021
224,684


Additions
6,741



At 28 February 2022
231,425





5.


DEBTORS

2022
2021
£
£

Due within one year

Amounts owed by group undertakings
6
-

Other debtors
659,808
665,574

659,814
665,574



6.


CREDITORS: Amounts falling due within one year

2022
2021
£
£

Trade creditors
763,301
756,485

Other creditors
133,694
129,561

Accruals and deferred income
1,600
1,681

898,595
887,727



7.


RELATED PARTY TRANSACTIONS

Included within other creditors are amounts due to a director of the company of £Nil (2021: £10,000).


Page 6