Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30true2022-05-01falseagency services and media consultancy62trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05593658 2022-05-01 2023-04-30 05593658 2021-05-01 2022-04-30 05593658 2023-04-30 05593658 2022-04-30 05593658 c:Director1 2022-05-01 2023-04-30 05593658 d:PlantMachinery 2022-05-01 2023-04-30 05593658 d:PlantMachinery 2023-04-30 05593658 d:PlantMachinery 2022-04-30 05593658 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 05593658 d:OtherPropertyPlantEquipment 2022-05-01 2023-04-30 05593658 d:OtherPropertyPlantEquipment 2023-04-30 05593658 d:OtherPropertyPlantEquipment 2022-04-30 05593658 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 05593658 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 05593658 d:CurrentFinancialInstruments 2023-04-30 05593658 d:CurrentFinancialInstruments 2022-04-30 05593658 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05593658 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 05593658 d:ShareCapital 2023-04-30 05593658 d:ShareCapital 2022-04-30 05593658 d:RetainedEarningsAccumulatedLosses 2023-04-30 05593658 d:RetainedEarningsAccumulatedLosses 2022-04-30 05593658 c:OrdinaryShareClass1 2022-05-01 2023-04-30 05593658 c:OrdinaryShareClass1 2023-04-30 05593658 c:OrdinaryShareClass1 2022-04-30 05593658 c:FRS102 2022-05-01 2023-04-30 05593658 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 05593658 c:FullAccounts 2022-05-01 2023-04-30 05593658 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 05593658 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 05593658 d:AcceleratedTaxDepreciationDeferredTax 2022-04-30 05593658 2 2022-05-01 2023-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05593658














NEWS PRESENTERS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

 
NEWS PRESENTERS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
NEWS PRESENTERS LIMITED
REGISTERED NUMBER:05593658

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,760
4,238

Current assets
  

Debtors: amounts falling due within one year
 5 
44,684
26,600

Cash at bank and in hand
  
126,685
236,429

  
171,369
263,029

Creditors: amounts falling due within one year
 6 
(173,439)
(175,217)

Net current (liabilities)/assets
  
 
 
(2,070)
 
 
87,812

Total assets less current liabilities
  
690
92,050

Provisions for liabilities
  

Deferred tax
 7 
(523)
(805)

Net assets
  
167
91,245


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
67
91,145

  
167
91,245


Page 1

 
NEWS PRESENTERS LIMITED
REGISTERED NUMBER:05593658
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

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 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 comprehensive income 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: 


M Greenham
Director

Date: 15 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
NEWS PRESENTERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

News Presenters Limited is a limited company registered in England and Wales with its registered office at 17 Wheeler Avenure, Oxted, Surrey, RH8 9LF.
The principal activity of the company continued to be that of the provision of agency services and media consultancy.

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.  

 
2.3

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.

Depreciation is provided on the following basis:

Plant & machinery
-
25% straight line
Other fixed assets
-
Over 10 years

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 the Statement of Comprehensive Income.

 
2.4

Debtors

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

 
2.5

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
NEWS PRESENTERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ 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.

 
2.8

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.

 
2.9

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
NEWS PRESENTERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.11

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 2).

Page 5

 
NEWS PRESENTERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Plant & machinery
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 May 2022
11,510
16,667
28,177


Additions
857
-
857



At 30 April 2023

12,367
16,667
29,034



Depreciation


At 1 May 2022
10,604
13,335
23,939


Charge for the year on owned assets
668
1,667
2,335



At 30 April 2023

11,272
15,002
26,274



Net book value



At 30 April 2023
1,095
1,665
2,760



At 30 April 2022
906
3,332
4,238


5.


Debtors

2023
2022
£
£


Trade debtors
-
50

Other debtors
41,834
23,562

Prepayments and accrued income
2,850
2,988

44,684
26,600


Included within other debtors due within one year is a loan to the director amounting to £41,834.

Page 6

 
NEWS PRESENTERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
97
132

Trade creditors
100,565
67,939

Other taxation and social security
39,029
32,300

Other creditors
348
521

Accruals and deferred income
33,400
74,325

173,439
175,217



7.


Deferred taxation




2023


£






At beginning of year
(805)


Charged to profit or loss
281



At end of year
(524)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(524)
(805)


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 7