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REGISTERED NUMBER: 05868940 (England and Wales)















Financial Statements for the Year Ended 30 June 2023

for

Ambush Reality Limited

Ambush Reality Limited (Registered number: 05868940)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ambush Reality Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: C Batten
L R Clewlow
R Reynolds
R Rolfe





SECRETARY:





REGISTERED OFFICE: 235 The Ridgeway
St Albans
Hertfordshire
AL4 9XG





REGISTERED NUMBER: 05868940 (England and Wales)





ACCOUNTANTS: Mansfield & Co Chartered Accountants
55 Kentish Town Road
Camden Town
London
NW1 8NX

Ambush Reality Limited (Registered number: 05868940)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,209 -

CURRENT ASSETS
Stocks 95,641 58,456
Debtors 5 210,762 404,068
Prepayments and accrued income 88,235 16,356
Cash at bank 446,066 206,193
840,704 685,073
CREDITORS
Amounts falling due within one year 6 446,621 316,716
NET CURRENT ASSETS 394,083 368,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

395,292

368,357

CREDITORS
Amounts falling due after more than one year 7 24,008 36,537
NET ASSETS 371,284 331,820

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 371,280 331,816
SHAREHOLDERS' FUNDS 371,284 331,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ambush Reality Limited (Registered number: 05868940)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





R Reynolds - Director


Ambush Reality Limited (Registered number: 05868940)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Ambush Reality Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ambush Reality Limited (Registered number: 05868940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 8,870
Additions 1,805
At 30 June 2023 10,675
DEPRECIATION
At 1 July 2022 8,870
Charge for year 596
At 30 June 2023 9,466
NET BOOK VALUE
At 30 June 2023 1,209

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 68,929 255,747
Other debtors 141,833 148,321
210,762 404,068

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 12,528 12,422
Trade creditors 64,444 114,258
Taxation and social security 6,406 6,406
Other creditors 363,243 183,630
446,621 316,716

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 24,008 36,537

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 were paid to the directors .

Ambush Reality Limited (Registered number: 05868940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. RELATED PARTY DISCLOSURES - continued

Enter Shikari Limited

A company owned by the same shareholders

During the year Enter Shikari Limited recharged Ambush Reality Limited £61,945 (2022 : £33,588) in respect of Equipment hire, use of intellectual property and Artiste services.

During the year Enter Shikari Limited paid Ambush Reality Limited £0 (2022 : £0) in respect of tour support.

The amount owed by Enter Shikari Limited to Ambush Reality Limited at the balance sheet date was
£134,959, (2022 £138,499).

C Batten

During the year Mr Batten charged the company fees on a self-employed basis in the amount of £32,040 (2022 : £30,000) for his services as a musician and disc jockey.

The amount due to the related party at the balance sheet date was £0 (2022 : £11,470)

L R Clewlow

During the year Mr Clewlow charged the company fees on a self-employed basis in the amount of £40,860 (2022 : £30,000) for his services as a musician and disc jockey

The amount due to the related party at the balance sheet date was £0 (2022 : £12,910).

R Reynolds

During the year Mr Reynolds charged the company fees on a self-employed basis in the amount of £40,860 (2022 : £30,000) for his services as a musician and disc jockey

The amount due to the related party at the balance sheet date was £0 (2022 : £11,806)

R Rolfe

During the year Mr Rolfe charged the company fees on a self-employed basis in the amount of £57,276 (2022 : £30,000) for his services as a musician and disc jockey

The amount due to the related party at the balance sheet date was £0 (2022 : £13,350)

BMM Family Limited

A company co-owned and operated by Mr Batten, a director of the company.

During the year the company paid BMM Family Limited fees in the amount of £37,236 (2022 : £0).

At the year end BMM Family Limited owed the company £1,138 (2022 : £0)

Nory Sapphire Limited

A company co-owned and operated by Mr Clewlow, a director of the company.

During the year the company paid Nory Sapphire Limited fees in the amount of £16,416 (2022 : £0).

Ambush Reality Limited (Registered number: 05868940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. RELATED PARTY DISCLOSURES - continued

At the year end the company owed Nory Sapphire Limited £410 (2022 : £0)

RR Powerhouse Limited

A company co-owned and operated by Mr Reynolds, a director of the company.

During the year the company paid RR Powerhouse Limited fees in the amount of £28,416 (2022 : £0).

At the year end RR Powerhouse Limited owed the company £693 (2022 : £0)

Loveshack Rhythms Limited

A company co-owned and operated by Mr Rolfe, a director of the company.

During the year the company paid Loveshack Rhythms Limited fees in the amount of £0 (2022 : £0).

At the year end the company owed Loveshack Rhythms Limited £850 (2022 : £0)