Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-05-01falseNo description of principal activity11truetrue 11944198 2022-05-01 2023-04-30 11944198 2021-05-01 2022-04-30 11944198 2023-04-30 11944198 2022-04-30 11944198 2021-05-01 11944198 c:Director1 2022-05-01 2023-04-30 11944198 d:OfficeEquipment 2022-05-01 2023-04-30 11944198 d:OfficeEquipment 2023-04-30 11944198 d:OfficeEquipment 2022-04-30 11944198 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11944198 d:ComputerEquipment 2022-05-01 2023-04-30 11944198 d:ComputerEquipment 2023-04-30 11944198 d:ComputerEquipment 2022-04-30 11944198 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11944198 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11944198 d:CurrentFinancialInstruments 2023-04-30 11944198 d:CurrentFinancialInstruments 2022-04-30 11944198 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11944198 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11944198 d:ShareCapital 2022-05-01 2023-04-30 11944198 d:ShareCapital 2023-04-30 11944198 d:ShareCapital 2022-04-30 11944198 d:ShareCapital 2021-05-01 11944198 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 11944198 d:RetainedEarningsAccumulatedLosses 2023-04-30 11944198 d:RetainedEarningsAccumulatedLosses 2021-05-01 2022-04-30 11944198 d:RetainedEarningsAccumulatedLosses 2022-04-30 11944198 d:RetainedEarningsAccumulatedLosses 2021-05-01 11944198 c:FRS102 2022-05-01 2023-04-30 11944198 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11944198 c:FullAccounts 2022-05-01 2023-04-30 11944198 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11944198









SHORT AMERICANO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2023

 
SHORT AMERICANO LIMITED
REGISTERED NUMBER: 11944198

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
3,399
2,157

  
3,399
2,157

Current assets
  

Debtors: amounts falling due within one year
 5 
5,480
-

Cash at bank and in hand
  
51,092
93,233

  
56,572
93,233

Creditors: amounts falling due within one year
 6 
(18,887)
(31,620)

Net current assets
  
 
 
37,685
 
 
61,613

Total assets less current liabilities
  
41,084
63,770

  

Net assets
  
41,084
63,770


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
40,984
63,670

  
41,084
63,770


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 period 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 17 November 2023.


C Moss
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 1

 
SHORT AMERICANO LIMITED
REGISTERED NUMBER: 11944198
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023


Page 2

 
SHORT AMERICANO LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 APRIL 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 May 2021
100
22,760
22,860



Profit for the year

-
90,910
90,910

Dividends: Equity capital
-
(50,000)
(50,000)



At 1 May 2022
100
63,670
63,770


Comprehensive income for the period

Profit for the period

-
42,166
42,166


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
42,166
42,166


Contributions by and distributions to owners

Dividends: Equity capital
-
(64,852)
(64,852)


Total transactions with owners
-
(64,852)
(64,852)


At 30 April 2023
100
40,984
41,084


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
SHORT AMERICANO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

1.


General information

Short Americano Limited is a private company limited by shares incorporated in England and Wales.The registered office can be found on the Company Information page.

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 is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Production fees comprise amounts receivable in respect of the development, filming and editing of films.
Production fees are recognised in accordance with the stage of completion as defined in the contracts.

 
2.3

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.

 
2.4

Taxation

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.

 
2.5

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 4

 
SHORT AMERICANO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance
Computer equipment
-
3 year straight line

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.

 
2.6

Debtors

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

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

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.

 
2.9

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.


3.


Employees

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

Page 5

 
SHORT AMERICANO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2022
4,134
-
4,134


Additions
-
2,038
2,038



At 30 April 2023

4,134
2,038
6,172



Depreciation


At 1 May 2022
1,977
-
1,977


Charge for the period on owned assets
539
257
796



At 30 April 2023

2,516
257
2,773



Net book value



At 30 April 2023
1,618
1,781
3,399


5.


Debtors

2023
2022
£
£


Prepayments and accrued income
5,480
-

5,480
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
10,109
22,025

Other taxation and social security
5,423
6,744

Other creditors
105
101

Accruals and deferred income
3,250
2,750

18,887
31,620


Page 6

 
SHORT AMERICANO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2023

7.


Related party transactions

At balance sheet date, the director is owed £105 (2022: £101) by the company.

Page 7