Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-302022-10-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.computer animation11truetrue 02745981 2022-10-01 2023-09-30 02745981 2021-10-01 2022-09-30 02745981 2023-09-30 02745981 2022-09-30 02745981 c:Director1 2022-10-01 2023-09-30 02745981 d:FurnitureFittings 2022-10-01 2023-09-30 02745981 d:FurnitureFittings 2023-09-30 02745981 d:FurnitureFittings 2022-09-30 02745981 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 02745981 d:CurrentFinancialInstruments 2023-09-30 02745981 d:CurrentFinancialInstruments 2022-09-30 02745981 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 02745981 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 02745981 d:ShareCapital 2023-09-30 02745981 d:ShareCapital 2022-09-30 02745981 d:RetainedEarningsAccumulatedLosses 2023-09-30 02745981 d:RetainedEarningsAccumulatedLosses 2022-09-30 02745981 c:OrdinaryShareClass1 2022-10-01 2023-09-30 02745981 c:OrdinaryShareClass1 2023-09-30 02745981 c:OrdinaryShareClass1 2022-09-30 02745981 c:FRS102 2022-10-01 2023-09-30 02745981 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 02745981 c:FullAccounts 2022-10-01 2023-09-30 02745981 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 02745981 6 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number:02745981














LONDONSPIRIT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
LONDONSPIRIT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
LONDONSPIRIT LIMITED
REGISTERED NUMBER:02745981

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
680
907

Investments
 5 
50,000
50,000

  
50,680
50,907

Current assets
  

Debtors: amounts falling due within one year
 6 
4,198
268

Cash at bank and in hand
  
54,468
88,215

  
58,666
88,483

Creditors: amounts falling due within one year
 7 
(94,277)
(75,335)

Net current (liabilities)/assets
  
 
 
(35,611)
 
 
13,148

  

Net assets
  
15,069
64,055


Capital and reserves
  

Called up share capital 
 8 
1,000
1,000

Profit and loss account
  
14,069
63,055

  
15,069
64,055


Page 1

 
LONDONSPIRIT LIMITED
REGISTERED NUMBER:02745981
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 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 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 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: 




F Brandt Christiansen
Director

Date: 11 April 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LONDONSPIRIT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Londonspirit Limited is a limited liability company incorporated in England and Wales with its registered office at 24 Somerset Road, New Barnet, Hertfordshire, EN5 1RN.

The principal activity of the company continued to be that of computer animation.

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 goods and 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:

Fixtures & fittings
-
25%
reducing balance

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

Valuation of investments

Investments held as fixed assets are shown at cost less provision for impairment.

 
2.5

Debtors

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

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 3

 
LONDONSPIRIT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
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.


3.


Employees

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

Page 4

 
LONDONSPIRIT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 October 2022
151,271



At 30 September 2023

151,271



Depreciation


At 1 October 2022
150,364


Charge for the year on owned assets
227



At 30 September 2023

150,591



Net book value



At 30 September 2023
680



At 30 September 2022
907


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 October 2022
50,000



At 30 September 2023
50,000




Page 5

 
LONDONSPIRIT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Debtors

2023
2022
£
£


Other debtors
3,633
25

Prepayments and accrued income
565
243

4,198
268



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
77
32

Taxation and social security
547
748

Other creditors
84,865
66,137

Accruals and deferred income
8,788
8,418

94,277
75,335



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares of £1 each
1,000
1,000


 
Page 6