Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-312022-01-01No description of principal activity2false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09879793 2022-01-01 2022-12-31 09879793 2021-01-01 2021-12-31 09879793 2022-12-31 09879793 2021-12-31 09879793 c:Director2 2022-01-01 2022-12-31 09879793 d:PlantMachinery 2022-01-01 2022-12-31 09879793 d:PlantMachinery 2022-12-31 09879793 d:PlantMachinery 2021-12-31 09879793 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09879793 d:CurrentFinancialInstruments 2022-12-31 09879793 d:CurrentFinancialInstruments 2021-12-31 09879793 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09879793 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09879793 d:ShareCapital 2022-12-31 09879793 d:ShareCapital 2021-12-31 09879793 d:RetainedEarningsAccumulatedLosses 2022-12-31 09879793 d:RetainedEarningsAccumulatedLosses 2021-12-31 09879793 c:FRS102 2022-01-01 2022-12-31 09879793 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09879793 c:FullAccounts 2022-01-01 2022-12-31 09879793 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 09879793









FIREHOLE MEDIA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
FIREHOLE MEDIA LTD
REGISTERED NUMBER: 09879793

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2022
2021
2021
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
11,107
6,597

Current assets
  

Debtors: amounts falling due within one year
 5 
19,687
6,635

Cash at bank and in hand
  
57,750
68,405

  
77,437
75,040

Creditors: amounts falling due within one year
 6 
(3,834)
(6,010)

Net current assets
  
 
 
73,603
 
 
69,030

  

Net assets
  
84,710
75,627


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
84,610
75,527

  
84,710
75,627


Page 1

 
FIREHOLE MEDIA LTD
REGISTERED NUMBER: 09879793
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 statement of comprehensive income 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 by: 



S Chinn
Director

Date: 27 September 2023

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

Page 2

 
FIREHOLE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Firehole Media Ltd is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS and the address of its principal place of business is Ground Floor, 10 Amwell Street, London, EC1R 1UQ.

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 company's functional and presentational currency is GBP.

The following principal accounting policies have been applied:

 
2.2

Revenue

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 and value added tax.

Turnover represents fees receivable for the hire of production equipment provided during the year.

 
2.3

Taxation

Tax is recognised in profit or loss.

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

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
FIREHOLE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
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

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 and loans to related parties.

 
2.8

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

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

Page 4

 
FIREHOLE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Tangible fixed assets





Plant and machinery

£



Cost


At 1 January 2022
42,678


Additions
8,156


Disposals
(540)



At 31 December 2022

50,294



Depreciation


At 1 January 2022
36,081


Charge for the year on owned assets
3,106



At 31 December 2022

39,187



Net book value



At 31 December 2022
11,107



At 31 December 2021
6,597


5.


Debtors

2022
2021
£
£


Trade debtors
2,694
2,553

Amounts owed by group undertakings
14,377
-

Other debtors
2,616
4,082

19,687
6,635


Page 5

 
FIREHOLE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
810
3,210

Corporation tax
374
-

Accruals
2,650
2,800

3,834
6,010



7.


Related party transactions

The company is exempt from disclosing related party transactions with companies that are wholly owned within the group.

 
Page 6