Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-01-01falseNo description of principal activity11falsetrue 03257955 2022-01-01 2022-12-31 03257955 2021-01-01 2021-12-31 03257955 2022-12-31 03257955 2021-12-31 03257955 c:Director1 2022-01-01 2022-12-31 03257955 d:PlantMachinery 2022-01-01 2022-12-31 03257955 d:PlantMachinery 2022-12-31 03257955 d:PlantMachinery 2021-12-31 03257955 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 03257955 d:CurrentFinancialInstruments 2022-12-31 03257955 d:CurrentFinancialInstruments 2021-12-31 03257955 d:Non-currentFinancialInstruments 2022-12-31 03257955 d:Non-currentFinancialInstruments 2021-12-31 03257955 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03257955 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 03257955 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 03257955 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 03257955 d:ShareCapital 2022-12-31 03257955 d:ShareCapital 2021-12-31 03257955 d:RetainedEarningsAccumulatedLosses 2022-12-31 03257955 d:RetainedEarningsAccumulatedLosses 2021-12-31 03257955 c:FRS102 2022-01-01 2022-12-31 03257955 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 03257955 c:FullAccounts 2022-01-01 2022-12-31 03257955 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 03257955









NEW MOON TELEVISION LTD 
(FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
REGISTERED NUMBER: 03257955

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 5 
599
3,150

Current assets
  

Debtors: amounts falling due within one year
 6 
101,923
9,119

Cash at bank and in hand
  
626
256

  
102,549
9,375

Current Liabilities
  

Creditors: amounts falling due within one year
 7 
(99,334)
(192,991)

Net current assets/(liabilities)
  
 
 
3,215
 
 
(183,616)

Total assets less current liabilities
  
3,814
(180,466)

Creditors: amounts falling due after more than one year
 8 
(261,500)
(45,000)

Net liabilities
  
(257,686)
(225,466)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(257,786)
(225,566)

  
(257,686)
(225,466)


Page 1

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
REGISTERED NUMBER: 03257955
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

The director considers 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 director acknowledges her 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 29 September 2023.




C Rowland
Director

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

Page 2

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

New Moon Television Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 124 Finchley Road, London, England, NW3 5JS.

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 is showing net liabilities at the reporting date. In order to continue trading it is dependent on the continued financial support of its sole shareholder and sole director, C Rowland, who has confirmed her intention to continue to support the company for the foreseeable future.
On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result in the withdrawal of the aforementioned support.

 
2.3

Functional and presentation currency

The Company's functional and presentational currency is GBP.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

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

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.6
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
-
33.33%

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.

 
2.7

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the reporting date based on invoices received after the reporting date and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.
Tangible assets
Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending upon a number of factors. In re-assessing the assets' lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 4

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2022
7,654



At 31 December 2022

7,654



Depreciation


At 1 January 2022
4,504


Charge for the year on owned assets
2,551



At 31 December 2022

7,055



Net book value



At 31 December 2022
599



At 31 December 2021
3,150


6.


Debtors

2022
2021
£
£


Other debtors
101,923
9,119


Page 5

 
NEW MOON TELEVISION LTD (FORMERLY FIELD OF PLAY SPORT & ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank overdrafts
987
3,883

Bank loans
10,000
5,000

Other loans
74,126
-

Trade creditors
9,252
4,632

Other taxation and social security
459
459

Other creditors
-
175,517

Accruals and deferred income
4,510
3,500

99,334
192,991



8.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
37,500
45,000

Other loans
224,000
-

261,500
45,000


The Bank loan relates to a Bounce Back Loan that was taken by the company as a result of COVID-19. The loan is secured by the UK Government in accordance with the Bounce Back Loan Scheme. 
The company did not pay interest on the loan for the first 12 months of the loan term. They received a Business interruption payment totalling £1,250 from the government. The company deferred the repayment start date by 6 months. Interest on the loan value is now 2.5% per annum. The loan is due to be repaid by 20 quarterly instalments of £2,500.
The other loans relate to a capital advance of £280,000. Interest has been accrued totalling £18,126 in line with the terms of the loan agreement at SONIA + 3% on balances outstanding. The loan capital is to be repaid by 5 annual instalments of £56,000.


9.


Related party transactions

At the reporting date the company was owed £93,676 (2021: the company owed  £175,517 to) by C Rowland, the director of the company. Interest has been charged on the overdrawn amount at the standard rate of interest which amounted to £1,837. The overdrawn balance has been repaid in full since the year end.  
The company has not entered into any other transactions with related parties that are material and have not been conducted under normal market conditions.

 
Page 6