Registered number
06517820
Kilter Theatre
Filleted Accounts
28 February 2023
Kilter Theatre
Registered number: 06517820
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 209 419
Current assets
Debtors 4 92 92
Cash at bank and in hand 3,190 4,593
3,282 4,685
Creditors: amounts falling due within one year 5 (1,764) (903)
Net current assets 1,518 3,782
Net assets 1,727 4,201
Capital and reserves
Profit and loss account 1,727 4,201
Shareholders' funds 1,727 4,201
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Caroline Lucy Garland
Director
Approved by the board on 27 November 2023
Kilter Theatre
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Turnover from government and other grants is recognised under the accruals model such that it is recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment over 3 years
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Computer equipment
£
Cost
At 1 March 2022 629
At 28 February 2023 629
Depreciation
At 1 March 2022 210
Charge for the year 210
At 28 February 2023 420
Net book value
At 28 February 2023 209
At 28 February 2022 419
4 Debtors 2023 2022
£ £
Other debtors 92 92
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 930 -
Other creditors 834 903
1,764 903
6 Company status
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
7 Other information
Kilter Theatre is a private company limited by guarantee and incorporated in England. Its registered office is:
40 Cornishmens Road
Lansdown
Bath
BA1 9DU
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