Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-08falseNo description of principal activity1truefalse 14530948 2022-12-07 14530948 2022-12-08 2023-12-31 14530948 2022-01-01 2022-12-07 14530948 2023-12-31 14530948 c:Director1 2022-12-08 2023-12-31 14530948 d:ComputerEquipment 2022-12-08 2023-12-31 14530948 d:ComputerEquipment 2023-12-31 14530948 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-12-08 2023-12-31 14530948 d:CurrentFinancialInstruments 2023-12-31 14530948 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14530948 d:ShareCapital 2023-12-31 14530948 d:RetainedEarningsAccumulatedLosses 2023-12-31 14530948 c:OrdinaryShareClass1 2022-12-08 2023-12-31 14530948 c:OrdinaryShareClass1 2023-12-31 14530948 c:FRS102 2022-12-08 2023-12-31 14530948 c:AuditExempt-NoAccountantsReport 2022-12-08 2023-12-31 14530948 c:FullAccounts 2022-12-08 2023-12-31 14530948 c:PrivateLimitedCompanyLtd 2022-12-08 2023-12-31 14530948 e:PoundSterling 2022-12-08 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14530948









LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
REGISTERED NUMBER: 14530948

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
952

  
952

Current assets
  

Cash at bank and in hand
 5 
7,979

  
7,979

Creditors: amounts falling due within one year
 6 
(4,216)

Net current assets
  
 
 
3,763

Total assets less current liabilities
  
4,715

  

Net assets
  
4,715


Capital and reserves
  

Called up share capital 
 7 
50

Profit and loss account
  
4,665

  
4,715


Page 1

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
REGISTERED NUMBER: 14530948
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 Period 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 on 26 July 2024.




L Spitaleri
Director

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

Page 2

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

LS Entertainment Limited is a private company limited by shares and incorporated in England and Wales (registered number 14530948). The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.
The company was incorporated on 8 December 2022 and began trading on the same day.
During the year, the company changed its name from Spitaleri & Gilardoni Entertainment Limited to LS Entertainment Limited.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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.

Page 3

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%

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.

 
2.4

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.

 
2.5

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.


3.


Employees

Period ended
31 December
2023
£

Wages and salaries
7,500

7,500


The average monthly number of employees, including directors, during the Period was 1.

Page 4

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
1,016



At 31 December 2023

1,016



Depreciation


Charge for the Period on owned assets
64



At 31 December 2023

64



Net book value



At 31 December 2023
952


5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
7,979

7,979



6.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
1,578

Other creditors
238

Accruals and deferred income
2,400

4,216


Page 5

 
LS ENTERTAINMENT LIMITED (FORMERLY SPITALERI & GILARDONI ENTERTAINMENT LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Share capital

2023
£
Allotted, called up and fully paid


50 Ordinary shares shares of £1.00 each
50


The company issued 50 Ordinary shares of £1.00 each at incorporation.

 
Page 6