Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-281true1true2022-03-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13359485 2022-03-01 2023-02-28 13359485 2021-04-27 2022-02-28 13359485 2023-02-28 13359485 2022-02-28 13359485 c:Director1 2022-03-01 2023-02-28 13359485 d:CurrentFinancialInstruments 2023-02-28 13359485 d:CurrentFinancialInstruments 2022-02-28 13359485 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13359485 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13359485 d:ShareCapital 2023-02-28 13359485 d:ShareCapital 2022-02-28 13359485 c:FRS102 2022-03-01 2023-02-28 13359485 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13359485 c:FullAccounts 2022-03-01 2023-02-28 13359485 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 13359485









ART ON BROADWAY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
ART ON BROADWAY LIMITED
REGISTERED NUMBER: 13359485

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
51,726
45,397

Cash at bank and in hand
 5 
9,059
19,813

  
60,785
65,210

Creditors: amounts falling due within one year
 6 
(60,784)
(65,209)

Net current assets
  
 
 
1
 
 
1

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


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 his 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 November 2023.




David S Adkin
Director

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

Page 1

 
ART ON BROADWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Art on Broadway Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, United Kingdom, 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

Revenue

Revenue comprises non returnable investor production funding.

 
2.3

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantially enacted by the reporting date in the countries where the Company operates and generates income.
The Company is eligible to claim a tax credit on theatre production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
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 on notice of not more than 24 hours. 

 
2.6

Creditors

Short-term creditors are measured at the transaction price. 

 
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 third parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 2

 
ART ON BROADWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Debtors

2023
2022
£
£


Other debtors
51,725
45,396

Called up share capital not paid
1
1

51,726
45,397



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,059
19,813

9,059
19,813



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
9,600
4,192

Other creditors
48,184
53,017

Accruals and deferred income
3,000
8,000

60,784
65,209



7.


Related party transactions

Cost of sales include fees and expenses of £29,610 (2022: £62,409) paid to a company in which the director has a material interest.

 
Page 3