Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-312022-01-01trueThe principal activity of the company continued to be that of the production of theatre and musical entertainment.false11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11897687 2022-01-01 2022-12-31 11897687 2020-10-01 2021-12-31 11897687 2022-12-31 11897687 2021-12-31 11897687 c:Director1 2022-01-01 2022-12-31 11897687 d:CurrentFinancialInstruments 2022-12-31 11897687 d:CurrentFinancialInstruments 2021-12-31 11897687 d:Non-currentFinancialInstruments 2022-12-31 11897687 d:Non-currentFinancialInstruments 2021-12-31 11897687 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11897687 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11897687 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 11897687 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 11897687 d:ShareCapital 2022-12-31 11897687 d:ShareCapital 2021-12-31 11897687 d:RetainedEarningsAccumulatedLosses 2022-12-31 11897687 d:RetainedEarningsAccumulatedLosses 2021-12-31 11897687 c:OrdinaryShareClass1 2022-01-01 2022-12-31 11897687 c:OrdinaryShareClass1 2022-12-31 11897687 c:OrdinaryShareClass1 2021-12-31 11897687 c:FRS102 2022-01-01 2022-12-31 11897687 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11897687 c:FullAccounts 2022-01-01 2022-12-31 11897687 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 11897687














LIGHT IN THE PIAZZA LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
LIGHT IN THE PIAZZA LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 6


 
LIGHT IN THE PIAZZA LIMITED
REGISTERED NUMBER:11897687

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
26,854
1,990

Cash at bank and in hand
 5 
452
50,496

  
27,306
52,486

Creditors: amounts falling due within one year
 6 
(214,622)
(218,653)

Net current liabilities
  
 
 
(187,316)
 
 
(166,167)

Total assets less current liabilities
  
(187,316)
(166,167)

Creditors: amounts falling due after more than one year
 7 
(85,000)
(85,000)

  

Net liabilities
  
(272,316)
(251,167)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(272,317)
(251,168)

  
(272,316)
(251,167)


1

 
LIGHT IN THE PIAZZA LIMITED
REGISTERED NUMBER:11897687
    
BALANCE SHEET (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 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 profit and loss account 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: 




A W Lilley
Director

Date: 24 November 2023

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

2

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Light In The Piazza Limited is a private company, limited by shares, registered in England and Wales, registration number 11897687. The registered office address is Hudson House, 8 Tavistock Street, London, WC2E 7PP.
The principal activity of the company continued to be that of the production of theatre and musical entertainment. 
 
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 financial statements have been prepared on the going concern basis as the parent company has confirmed to continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

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 Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.6

Debtors

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

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

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 and loans to related parties.


3.


Employees

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

4

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
25,000
-

Other debtors
519
1,990

Prepayments
1,335
-

26,854
1,990



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
452
50,496



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
3,095
11,794

Other taxation and social security
205
-

Other creditors
198,305
204,859

Accruals
13,017
2,000

214,622
218,653



7.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Deferred income
85,000
85,000



8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



1 (2021 - 1) Ordinary share of £1.00
1
1


5

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

9.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance
with FRS 102 section 1A paragraph 1AC.35.

6