Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-3112022-04-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08457210 2022-04-01 2023-03-31 08457210 2021-04-01 2022-03-31 08457210 2023-03-31 08457210 2022-03-31 08457210 c:Director1 2022-04-01 2023-03-31 08457210 d:CurrentFinancialInstruments 2023-03-31 08457210 d:CurrentFinancialInstruments 2022-03-31 08457210 d:Non-currentFinancialInstruments 2023-03-31 08457210 d:Non-currentFinancialInstruments 2022-03-31 08457210 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08457210 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08457210 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08457210 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 08457210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 08457210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 08457210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 08457210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 08457210 d:ShareCapital 2023-03-31 08457210 d:ShareCapital 2022-03-31 08457210 d:RetainedEarningsAccumulatedLosses 2023-03-31 08457210 d:RetainedEarningsAccumulatedLosses 2022-03-31 08457210 c:FRS102 2022-04-01 2023-03-31 08457210 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08457210 c:FullAccounts 2022-04-01 2023-03-31 08457210 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 08457210









CHARING CROSS THEATRE PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
REGISTERED NUMBER: 08457210

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
132,419
66,476

Cash at bank and in hand
  
-
66

  
132,419
66,542

Creditors: amounts falling due within one year
 5 
(528,074)
(329,525)

Net current liabilities
  
 
 
(395,655)
 
 
(262,983)

Total assets less current liabilities
  
(395,655)
(262,983)

Creditors: amounts falling due after more than one year
 6 
(22,500)
(32,500)

  

Net liabilities
  
(418,155)
(295,483)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(418,157)
(295,485)

  
(418,155)
(295,483)


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 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 22 February 2024.




S M Levy
Director

Page 1

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
REGISTERED NUMBER: 08457210
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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

Page 2

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Charing Cross Theatre Productions Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is The Charing Cross Theatre, The Arches, Villiers Street, London WC2N 6NL.

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 angel investor loans which have provided funds specifically to invest in theatrical productions.
The 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. Further financial support has been received by way of a bounce back loan and job retention scheme grants. 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 and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurs.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.5

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.

 
2.6

Borrowing costs

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

Page 3

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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 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.

 
2.8

Debtors

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

 
2.9

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. 

 
2.10

Creditors

Short term creditors are measured at the transaction price. 

 
2.11

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 non-puttable ordinary shares.


3.


Employees

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

Page 4

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Debtors

2023
2022
£
£


Other debtors
132,419
66,476

132,419
66,476



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
212
138

Bank loans
10,000
10,000

Trade creditors
142,999
92,340

Other taxation and social security
-
49,801

Other creditors
365,613
170,496

Accruals and deferred income
9,250
6,750

528,074
329,525



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
22,500
32,500

22,500
32,500


Page 5

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
12,500
22,500


12,500
22,500


32,500
42,500


 
Page 6