Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-3011The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-07-01falseNo description of principal activitytruetrue 12604302 2022-07-01 2023-06-30 12604302 2021-07-01 2022-06-30 12604302 2023-06-30 12604302 2022-06-30 12604302 c:Director1 2022-07-01 2023-06-30 12604302 d:CurrentFinancialInstruments 2023-06-30 12604302 d:CurrentFinancialInstruments 2022-06-30 12604302 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12604302 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12604302 d:ShareCapital 2023-06-30 12604302 d:ShareCapital 2022-06-30 12604302 d:RetainedEarningsAccumulatedLosses 2023-06-30 12604302 d:RetainedEarningsAccumulatedLosses 2022-06-30 12604302 c:FRS102 2022-07-01 2023-06-30 12604302 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12604302 c:FullAccounts 2022-07-01 2023-06-30 12604302 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12604302 2 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 12604302









RELENTLESS ENTERTAINMENT LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
RELENTLESS ENTERTAINMENT LTD
REGISTERED NUMBER: 12604302

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
7,222
-

Cash at bank and in hand
  
1,067,351
810,776

  
1,074,573
810,776

Creditors: amounts falling due within one year
 5 
(117,071)
(116,819)

Net current assets
  
 
 
957,502
 
 
693,957

Net assets
  
957,502
693,957


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
957,402
693,857

  
957,502
693,957


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.

Page 1

 
RELENTLESS ENTERTAINMENT LTD
REGISTERED NUMBER: 12604302
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

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 6 February 2024.



E J Hearn
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
RELENTLESS ENTERTAINMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Relentless Entertainment Ltd ("the Company") is a private company limited by shares incorporated in England and Wales. Its registered office address is Mascalls, Mascalls Lane, Great Warley, Brentwood, Essex, CM14 5LJ.
The principal activity of the Company is the provision of media and promotional services. 

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to the Statement of income and retained earnings 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.

Page 3

 
RELENTLESS ENTERTAINMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in the Statement of income and retained earnings 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 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. 

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

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

Page 4

 
RELENTLESS ENTERTAINMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Debtors

2023
2022
£
£


Accrued income
7,222
-



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
67,967
65,885

Other taxation and social security
46,479
48,434

Accruals
2,625
2,500

117,071
116,819


 
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