LONDON COLISEUM ENTERPRISES LIMITED

Company Registration Number:
02379051 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2022

Period of accounts

Start date: 1 August 2021

End date: 31 July 2022

LONDON COLISEUM ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LONDON COLISEUM ENTERPRISES LIMITED

Directors' report period ended 31 July 2022

The directors present their report with the financial statements of the company for the period ended 31 July 2022

Principal activities of the company

The sale of flowers



Directors

The directors shown below have held office during the whole of the period from
1 August 2021 to 31 July 2022

Helen Campbell
Stuart Murphy


The director shown below has held office during the period of
1 August 2021 to 31 March 2022

Karen Watson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 November 2023

And signed on behalf of the board by:
Name: Helen Campbell
Status: Director

LONDON COLISEUM ENTERPRISES LIMITED

Profit And Loss Account

for the Period Ended 31 July 2022

2022 2021


£

£
Turnover: 6,037 0
Cost of sales: ( 10,225 ) 0
Gross profit(or loss): (4,188) 0
Distribution costs: 0 0
Administrative expenses: ( 11,976 ) 0
Other operating income: 0 0
Operating profit(or loss): (16,164) 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (16,164) 0
Tax: 0 0
Profit(or loss) for the financial year: (16,164) 0

LONDON COLISEUM ENTERPRISES LIMITED

Balance sheet

As at 31 July 2022

Notes 2022 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 44,822 0
Investments:   0 0
Total fixed assets: 44,822 0
Current assets
Stocks:   0 0
Debtors: 4 2 2
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 2 2
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 60,986 ) 0
Net current assets (liabilities): (60,984) 2
Total assets less current liabilities: (16,162) 2
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (16,162) 2
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (16,164 )
Total Shareholders' funds: ( 16,162 ) 2

The notes form part of these financial statements

LONDON COLISEUM ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 July 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 17 November 2023
and signed on behalf of the board by:

Name: Helen Campbell
Status: Director

The notes form part of these financial statements

LONDON COLISEUM ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable for goods supplied during the year exclusive of Value Added Tax. All income is recognised when there is evidence of entitlement, receipt is probable, and its amount can be reliably measured

    Tangible fixed assets depreciation policy

    Depreciation has been provided on the cost of such assets at the following rates: Fixtures and fittings – straight line over 28 months to October 2023.

    Other accounting policies

    Financial Instruments The Company has taken advantage of the exemption which is available to a wholly owned subsidiary under FRS102 1.12(c) (relating to sections 11 and 12 of the standard) from disclosing the following: Categories of financial instruments, Items of income, expenses, gains or losses relating to financial instruments, and Exposure to and management of financial risks. Full disclosure in relation to financial instruments is available in the consolidated financial statements of the English National Opera. Going Concern The English National Opera, as the parent organisation, have provided a letter of support which states that they (the parent) will not require repayment of any of its balances owed by the Company for at least 12 months from the date these accounts are signed unless funds allow. In addition, whilst the floristry business will be discontinuing by the end of 2023, the intention of the Directors is to use the Company for other trading related to the London Coliseum business. Consequently, at the time of approving the financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the financial statements. Expenditure Expenditure is recognised on an accruals basis.

LONDON COLISEUM ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

    The Company is operated by staff of the parent undertaking, English National Opera

LONDON COLISEUM ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2021 0 0
Additions 53,786 53,786
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 July 2022 53,786 53,786
Depreciation
At 1 August 2021 0 0
Charge for year 8,964 8,964
On disposals 0 0
Other adjustments 0 0
At 31 July 2022 8,964 8,964
Net book value
At 31 July 2022 44,822 44,822
At 31 July 2021 0 0

LONDON COLISEUM ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2022

4. Debtors

2022 2021
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 2 2
Total 2 2
Debtors due after more than one year: 0 0

LONDON COLISEUM ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 60,986 0
Total 60,986 0

Due to parent