Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-302022-09-01No description of principal activity0falsetruefalse0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12922704 2022-09-01 2023-09-30 12922704 2021-11-01 2022-08-31 12922704 2023-09-30 12922704 2022-08-31 12922704 c:Director1 2022-09-01 2023-09-30 12922704 d:CurrentFinancialInstruments 2023-09-30 12922704 d:CurrentFinancialInstruments 2022-08-31 12922704 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12922704 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12922704 d:ShareCapital 2023-09-30 12922704 d:ShareCapital 2022-08-31 12922704 c:FRS102 2022-09-01 2023-09-30 12922704 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-09-30 12922704 c:FullAccounts 2022-09-01 2023-09-30 12922704 c:PrivateLimitedCompanyLtd 2022-09-01 2023-09-30 12922704 2 2022-09-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 12922704









EMPIRE STREET 2 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
EMPIRE STREET 2 LIMITED
REGISTERED NUMBER: 12922704

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

30 September
31 August
2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
  
-
350,851

Cash at bank and in hand
  
600,303
349,952

  
600,303
700,803

Creditors: amounts falling due within one year
  
(600,302)
(700,802)

Net current assets
  
 
 
1
 
 
1

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


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 period 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 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 2 March 2024.




James Bierman
Director

Page 1

 
EMPIRE STREET 2 LIMITED
REGISTERED NUMBER: 12922704
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

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

Page 2

 
EMPIRE STREET 2 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

Empire Street 2 Limited is a private company limited by shares and registered in England and Wales. The address of the registered office is 124 Finchley Road, London NW3 5JS.

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 company meets its day to day working capital requirements through its own resources and third party investor loans who have provided funds specifically to support the company.
IThe director has prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the reserves and cash held, indicate that the company has adequate resources to continue in operational existence for the foreseeable future. It is, however, difficult to determine the assumptions that will prove to be the most appropriate therefore there is an element of uncertainty existing.
After reviewing the forecasts and projections, at the time of approving these financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The director therefore considers it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises of box office sales, net of commissions and banking charges as well as merchandise income and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurred.

 
2.4

Interest income

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

 
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 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.

Page 3

 
EMPIRE STREET 2 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
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 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, loans to related parties and investments in ordinary shares.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the period was 0 (2022 - 0).

Page 4

 
EMPIRE STREET 2 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

4.


Debtors

30 September
31 August
2023
2022
£
£


Trade debtors
-
318

Other debtors
-
350,533

-
350,851



5.


Cash and cash equivalents

30 September
31 August
2023
2022
£
£

Cash at bank and in hand
600,303
349,952

600,303
349,952



6.


Creditors: Amounts falling due within one year

30 September
31 August
2023
2022
£
£

Trade creditors
423,681
49,563

Other taxation and social security
25,804
-

Other creditors
-
249,225

Accruals and deferred income
150,817
402,014

600,302
700,802


 
Page 5