Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31true43No description of principal activity2022-08-01false43trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13521078 2022-08-01 2023-07-31 13521078 2021-08-01 2022-07-31 13521078 2023-07-31 13521078 2022-07-31 13521078 c:Director1 2022-08-01 2023-07-31 13521078 d:Buildings d:LongLeaseholdAssets 2022-08-01 2023-07-31 13521078 d:Buildings d:LongLeaseholdAssets 2023-07-31 13521078 d:Buildings d:LongLeaseholdAssets 2022-07-31 13521078 d:LandBuildings 2023-07-31 13521078 d:LandBuildings 2022-07-31 13521078 d:FurnitureFittings 2022-08-01 2023-07-31 13521078 d:FurnitureFittings 2023-07-31 13521078 d:FurnitureFittings 2022-07-31 13521078 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13521078 d:ComputerEquipment 2022-08-01 2023-07-31 13521078 d:ComputerEquipment 2023-07-31 13521078 d:ComputerEquipment 2022-07-31 13521078 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13521078 d:OtherPropertyPlantEquipment 2022-08-01 2023-07-31 13521078 d:OtherPropertyPlantEquipment 2023-07-31 13521078 d:OtherPropertyPlantEquipment 2022-07-31 13521078 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13521078 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13521078 d:Goodwill 2022-08-01 2023-07-31 13521078 d:Goodwill 2023-07-31 13521078 d:Goodwill 2022-07-31 13521078 d:CurrentFinancialInstruments 2023-07-31 13521078 d:CurrentFinancialInstruments 2022-07-31 13521078 d:Non-currentFinancialInstruments 2023-07-31 13521078 d:Non-currentFinancialInstruments 2022-07-31 13521078 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13521078 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13521078 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 13521078 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 13521078 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 13521078 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-07-31 13521078 d:ShareCapital 2023-07-31 13521078 d:ShareCapital 2022-07-31 13521078 d:RetainedEarningsAccumulatedLosses 2023-07-31 13521078 d:RetainedEarningsAccumulatedLosses 2022-07-31 13521078 c:FRS102 2022-08-01 2023-07-31 13521078 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13521078 c:FullAccounts 2022-08-01 2023-07-31 13521078 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13521078 2 2022-08-01 2023-07-31 13521078 d:Goodwill d:OwnedIntangibleAssets 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 13521078









GOLDEN TICKET MANCHESTER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
GOLDEN TICKET MANCHESTER LIMITED
REGISTERED NUMBER: 13521078

BALANCE SHEET
AS AT 31 JULY 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Intangible assets
 4 
4,800
6,400

Tangible assets
 5 
96,483
104,327

  
101,283
110,727

Current assets
  

Stocks
 6 
61,946
52,816

Debtors: amounts falling due within one year
 7 
358,792
201,661

Cash at bank and in hand
 8 
301,919
294,738

  
722,657
549,215

Creditors: amounts falling due within one year
 9 
(229,672)
(230,815)

Net current assets
  
 
 
492,985
 
 
318,400

Total assets less current liabilities
  
594,268
429,127

Creditors: amounts falling due after more than one year
 10 
(167,144)
(195,629)

  

Net assets
  
427,124
233,498


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
427,123
233,497

  
427,124
233,498


Page 1

 
GOLDEN TICKET MANCHESTER LIMITED
REGISTERED NUMBER: 13521078
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 




................................................
L Kellow
Director
Date: 17 April 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Golden Ticket Manchester Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of its registered office is 63 Richmond Street, Manchester, England, M1 3WB. The registered number is 13521078.

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction 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 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. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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.

 
2.8

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

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.

Page 4

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
5%
over the term of the lease
Fixtures and fittings
-
20%
Straight -line
Computer equipment
-
20%
Straight -line
Other fixed assets
-
20%
Straight -line

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 profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 5

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.15

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.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Employees
43
43

Page 6

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 August 2022
8,000



At 31 July 2023

8,000



Amortisation


At 1 August 2022
1,600


Charge for the year on owned assets
1,600



At 31 July 2023

3,200



Net book value



At 31 July 2023
4,800



At 31 July 2022
6,400



Page 7

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Computer equipment
Other fixed assets
Total

£
£
£
£
£



Cost or valuation


At 1 August 2022
86,654
20,082
7,204
222
114,162


Additions
-
873
1,613
-
2,486



At 31 July 2023

86,654
20,955
8,817
222
116,648



Depreciation


At 1 August 2022
4,333
4,016
1,441
44
9,834


Charge for the year on owned assets
4,333
4,191
1,763
44
10,331



At 31 July 2023

8,666
8,207
3,204
88
20,165



Net book value



At 31 July 2023
77,988
12,748
5,613
134
96,483



At 31 July 2022
82,321
16,065
5,763
178
104,327




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Long leasehold
77,988
82,321

77,988
82,321



6.


Stocks

2023
2022
£
£

Raw materials and consumables
61,946
52,816

61,946
52,816


Page 8

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

7.


Debtors

2023
2022
£
£


Trade debtors
13,107
168

Other debtors
292,578
125,851

Prepayments and accrued income
53,107
75,642

358,792
201,661



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
301,919
294,738

301,919
294,738



9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
33,832
40,467

Corporation tax
129,489
68,169

Other taxation and social security
27,135
38,975

Other creditors
31,946
80,579

Accruals and deferred income
7,270
2,625

229,672
230,815



10.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
167,144
195,629

167,144
195,629


Page 9

 
GOLDEN TICKET MANCHESTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

11.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£


Amounts falling due 1-2 years

Other loans
167,144
195,630


167,144
195,630



167,144
195,630


 
Page 10