Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31false2022-08-01The pricipal activity of the company was that of scenery and model design.22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06889911 2022-07-31 06889911 2022-08-01 2023-07-31 06889911 2021-05-01 2022-04-30 06889911 2023-07-31 06889911 2022-04-30 06889911 c:Director1 2022-08-01 2023-07-31 06889911 d:FurnitureFittings 2022-08-01 2023-07-31 06889911 d:FurnitureFittings 2023-07-31 06889911 d:FurnitureFittings 2022-04-30 06889911 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 06889911 d:CurrentFinancialInstruments 2023-07-31 06889911 d:CurrentFinancialInstruments 2022-04-30 06889911 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 06889911 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 06889911 d:ShareCapital 2023-07-31 06889911 d:ShareCapital 2022-04-30 06889911 d:RetainedEarningsAccumulatedLosses 2023-07-31 06889911 d:RetainedEarningsAccumulatedLosses 2022-04-30 06889911 c:OrdinaryShareClass1 2022-08-01 2023-07-31 06889911 c:OrdinaryShareClass1 2023-07-31 06889911 c:FRS102 2022-08-01 2023-07-31 06889911 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 06889911 c:FullAccounts 2022-08-01 2023-07-31 06889911 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06889911 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 06889911 d:AcceleratedTaxDepreciationDeferredTax 2022-04-30 06889911 2 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06889911














P.T. SCENERY LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

 
P.T. SCENERY LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6

 
P.T. SCENERY LTD
REGISTERED NUMBER:06889911

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1,267

Current assets
  

Debtors: amounts falling due within one year
 5 
430
17,217

Cash at bank and in hand
  
72,580
41,208

  
73,010
58,425

Creditors: amounts falling due within one year
 6 
(63,441)
(9,375)

Net current assets
  
 
 
9,569
 
 
49,050

Total assets less current liabilities
  
9,569
50,317

Provisions for liabilities
  

Deferred tax
 7 
-
(241)

Net assets
  
9,569
50,076


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
9,469
49,976

  
9,569
50,076

Page 1

 
P.T. SCENERY LTD
REGISTERED NUMBER:06889911
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2023

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 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: 




P Taggart
Director

Date: 25 September 2023

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
P.T. SCENERY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

P.T. Scenery Ltd is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company was that of scenery and model design. The company ceased trading on 31 July 2023.

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

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

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.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25% reducing balance

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 the Statement of Comprehensive Income.

 
2.4

Debtors

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

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
P.T. SCENERY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.11

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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 reporting 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 reporting 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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 
P.T. SCENERY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).


4.


Tangible fixed assets





Fixtures & fittings

£





At 1 August 2022
8,335


Disposals
(8,335)



At 31 July 2023

-





At 1 August 2022
7,069


Charge for the period on owned assets
396


Disposals
(7,465)



At 31 July 2023

-



Net book value



At 31 July 2023
-



At 31 July 2022
1,267


5.


Debtors

2023
2022
£
£


Trade debtors
-
543

Other debtors
430
16,674

430
17,217


Page 5

 
P.T. SCENERY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
-
643

Other creditors
60,681
6,782

Accruals and deferred income
2,760
1,950

63,441
9,375



7.


Deferred taxation




2023


£






At beginning of year
(241)


Charged to profit or loss
241



At end of year
-

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
-
(241)


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100


 
Page 6