Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-31false12022-04-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08000063 2022-04-01 2023-03-31 08000063 2021-04-01 2022-03-31 08000063 2023-03-31 08000063 2022-03-31 08000063 c:Director1 2022-04-01 2023-03-31 08000063 d:CurrentFinancialInstruments 2023-03-31 08000063 d:CurrentFinancialInstruments 2022-03-31 08000063 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08000063 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08000063 d:ShareCapital 2023-03-31 08000063 d:ShareCapital 2022-03-31 08000063 d:RetainedEarningsAccumulatedLosses 2023-03-31 08000063 d:RetainedEarningsAccumulatedLosses 2022-03-31 08000063 c:OrdinaryShareClass1 2022-04-01 2023-03-31 08000063 c:OrdinaryShareClass1 2023-03-31 08000063 c:OrdinaryShareClass1 2022-03-31 08000063 c:FRS102 2022-04-01 2023-03-31 08000063 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08000063 c:FullAccounts 2022-04-01 2023-03-31 08000063 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08000063 e:PoundSterling 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08000063














SQUAREPUSHER LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
SQUAREPUSHER LIMITED
REGISTERED NUMBER:08000063

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
70,962
67,748

Cash at bank and in hand
 5 
88,185
91,535

  
159,147
159,283

Creditors: amounts falling due within one year
 6 
(75,110)
(131,642)

Net current assets
  
 
 
84,037
 
 
27,641

Total assets less current liabilities
  
84,037
27,641

  

Net assets
  
84,037
27,641


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
84,036
27,640

  
84,037
27,641


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: 




T Jenkinson
Director

Date: 28 March 2024

The notes on pages 2 to 4 form part of these financial statements.

1

 
SQUAREPUSHER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Squarepusher Limited is a private company, limited by shares, registered in England and Wales, registration number 08000063. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The principal activity of the company continued to be that of music touring.

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 the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

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 year 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 that relate to borrowings and cash are presented in the profit and loss account within 'administration expenses'.  All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover from music touring activities is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover from music touring activities is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from music touring is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Income from performances are recognised once the performances have taken place.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.

 
2.4

Finance costs

Finance costs are charged to profit or loss 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.

2

 
SQUAREPUSHER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Debtors

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

 
2.7

Cash

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 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 enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

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

3

 
SQUAREPUSHER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Debtors

2023
2022
£
£


Trade debtors
66,371
60,587

Other debtors
3,705
4,185

Prepayments and accrued income
886
716

Tax recoverable
-
2,260

70,962
67,748



5.


Cash

2023
2022
£
£

Cash at bank and in hand
88,185
91,535



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
-
10,000

Corporation tax
4,592
2,632

Other taxation and social security
-
6,942

Other creditors
15,898
54,240

Accruals and deferred income
54,620
57,828

75,110
131,642



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 -  1) Ordinary share of £1.00
1
1



8.


Transactions with director

During the year, the director advanced £NIL (2022 - £18,000) to the company of which £38,342 (2022 - £810) was repaid to the director. As at the year end, the company owed £15,898 (2022 - £54,240) to the director. The loan is unsecured, interest free and repayable on demand.

 
4