Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07548968 2023-04-01 2024-03-31 07548968 2022-04-01 2023-03-31 07548968 2024-03-31 07548968 2023-03-31 07548968 c:Director1 2023-04-01 2024-03-31 07548968 d:OfficeEquipment 2023-04-01 2024-03-31 07548968 d:OfficeEquipment 2024-03-31 07548968 d:OfficeEquipment 2023-03-31 07548968 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07548968 d:CurrentFinancialInstruments 2024-03-31 07548968 d:CurrentFinancialInstruments 2023-03-31 07548968 d:Non-currentFinancialInstruments 2024-03-31 07548968 d:Non-currentFinancialInstruments 2023-03-31 07548968 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07548968 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07548968 d:ShareCapital 2024-03-31 07548968 d:ShareCapital 2023-03-31 07548968 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07548968 d:RetainedEarningsAccumulatedLosses 2024-03-31 07548968 d:RetainedEarningsAccumulatedLosses 2023-03-31 07548968 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 07548968 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 07548968 c:FRS102 2023-04-01 2024-03-31 07548968 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07548968 c:FullAccounts 2023-04-01 2024-03-31 07548968 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07548968 6 2023-04-01 2024-03-31 07548968 d:OtherDeferredTax 2024-03-31 07548968 d:OtherDeferredTax 2023-03-31 07548968 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07548968









KIRIKIRI LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
KIRIKIRI LIMITED
REGISTERED NUMBER: 07548968

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2024
2023
2023
£
£
£
£

Fixed assets
  

Tangible assets
 4 
4,089
3,286

  
4,089
3,286

Current assets
  

Debtors: amounts falling due after more than one year
 5 
100,000
100,000

Debtors: amounts falling due within one year
 5 
9,567
28,787

Current asset investments
 6 
4,855,791
4,780,508

Cash at bank and in hand
  
140,745
176,665

  
5,106,103
5,085,960

Creditors: amounts falling due within one year
 7 
(65,816)
(92,679)

Net current assets
  
 
 
5,040,287
 
 
4,993,281

Total assets less current liabilities
  
5,044,376
4,996,567

Provisions for liabilities
  

Deferred tax
 9 
(129,733)
(54,199)

  
 
 
(129,733)
 
 
(54,199)

Net assets
  
4,914,643
4,942,368


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
 10 
4,914,633
4,942,358

  
4,914,643
4,942,368


Page 1

 
KIRIKIRI LIMITED
REGISTERED NUMBER: 07548968
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 by: 




I McKellen
Director

Date: 29 July 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
KIRIKIRI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Kirikiri Limited is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS and the address of its principal place of business is 82 Narrow Street, London, E14 8BP.

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

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable excluding value added tax.
Turnover comprises fees, per diems and recharged expenses receivable by the company in respect of the provision of acting services supplied during the year. Turnover also includes royalties in respect of historic productions which are received during the year.

 
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 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:

Office equipment
-
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 profit or loss.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 3

 
KIRIKIRI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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 on notice of not more than 24 hours.

 
2.7

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 to third parties, loans from related parties and investments in non-puttable ordinary shares.
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.
Investments in non-convertible preference shares and in non-puttable ordinary and preference shares are measured:
- at fair value with changes recognised in the Statement of income and retained earnings if the shares are publicly traded or their fair value can otherwise be measured reliably;
- at cost less impairment for all other investments.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

 
2.10

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.

Page 4

 
KIRIKIRI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.11

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost


At 1 April 2023
14,172


Additions
2,166



At 31 March 2024

16,338



Depreciation


At 1 April 2023
10,886


Charge for the year on owned assets
1,363



At 31 March 2024

12,249



Net book value



At 31 March 2024
4,089



At 31 March 2023
3,286

Page 5

 
KIRIKIRI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
100,000
100,000

100,000
100,000


2024
2023
£
£

Due within one year

Trade debtors
9,567
16,704

Tax recoverable
-
12,083

9,567
28,787



6.


Current asset investments

2024
2023
£
£

Listed investments
4,850,702
4,775,419

Unlisted investments
5,089
5,089

4,855,791
4,780,508



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
451
-

Corporation tax
45,151
71,081

Other taxation and social security
14,309
17,568

Other creditors
1,905
30

Accruals
4,000
4,000

65,816
92,679


Page 6

 
KIRIKIRI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
4,850,702
4,775,419




Financial assets measured at fair value through profit or loss comprise listed investments held as part of a portfolio.


9.


Deferred taxation




2024


£






At beginning of year
54,199


Charged to the profit or loss
75,534



At end of year
129,733

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Unrealised surplus on revaluation of listed investments
129,733
54,199

129,733
54,199


10.


Reserves

Profit and loss account

Included in the profit and loss account balance are non-distributable reserves totalling £389,200 (2023: £162,597) which represent the net unrealised surplus on the revaluation of the company's listed investments to fair value.


11.


Related party transactions

During the year the director has provided the company with an interest free loan which is unsecured and repayable on demand. At the reporting date the company owed £1,905 (2023: £30) to the director.

Page 7