Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07546825 2023-04-01 2024-03-31 07546825 2022-04-01 2023-03-31 07546825 2024-03-31 07546825 2023-03-31 07546825 c:Director12 2023-04-01 2024-03-31 07546825 d:OfficeEquipment 2023-04-01 2024-03-31 07546825 d:OfficeEquipment 2024-03-31 07546825 d:OfficeEquipment 2023-03-31 07546825 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07546825 d:CurrentFinancialInstruments 2024-03-31 07546825 d:CurrentFinancialInstruments 2023-03-31 07546825 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07546825 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07546825 d:RetainedEarningsAccumulatedLosses 2024-03-31 07546825 d:RetainedEarningsAccumulatedLosses 2023-03-31 07546825 c:FRS102 2023-04-01 2024-03-31 07546825 c:IndependentExaminationCharity 2023-04-01 2024-03-31 07546825 c:FullAccounts 2023-04-01 2024-03-31 07546825 c:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 07546825 2 2023-04-01 2024-03-31 07546825 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07546825









SCREEN CRAFT RIGHTS LIMITED
(A company limited by guarantee)









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SCREEN CRAFT RIGHTS LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 07546825

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,745
1,628

  
1,745
1,628

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

Cash at bank and in hand
  
1,323,648
1,570,729

  
1,323,649
1,570,730

Creditors: amounts falling due within one year
 6 
(1,324,208)
(1,571,172)

Net current liabilities
  
 
 
(559)
 
 
(442)

Total assets less current liabilities
  
1,186
1,186

  

Net assets
  
1,186
1,186


Capital and reserves
  

Profit and loss account
  
1,186
1,186

  
1,186
1,186


The directors consider 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 directors acknowledge their 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 25 June 2024.

Humphrey Dixon
Director
Page 1

 
SCREEN CRAFT RIGHTS LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 07546825
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


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

Page 2

 
SCREEN CRAFT RIGHTS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Screen Craft Rights Limited is a company incorporated in the United Kingdom under the Companies Act. The company is a private company limited by guarantee without share capital and is registered in England and Wales. The company's registered number is 07546825. The address of the registered office is 1 The Green, Richmond, Surrey, England, TW9 1PL.

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 recognition

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 discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Revenue is only recognised to cover registration fees and administration fees that arise from managing and distributing member's funds. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

Page 3

 
SCREEN CRAFT RIGHTS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
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.

 
2.7

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.

 
2.8

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.

Page 4

 
SCREEN CRAFT RIGHTS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

2024
2023
£
£

Staff salaries
70,947
53,148

Staff national insurance
3,326
1,400

Staff pension costs
550
-

74,823
54,548


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
7,530


Additions
1,414



At 31 March 2024

8,944



Depreciation


At 1 April 2023
5,902


Charge for the year on owned assets
1,297



At 31 March 2024

7,199



Net book value



At 31 March 2024
1,745



At 31 March 2023
1,628


5.


Debtors

2024
2023
£
£


Other debtors
1
1
Page 5

 
SCREEN CRAFT RIGHTS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.Debtors (continued)


1
1



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
11,992
3,866

Other taxation and social security
3,106
-

Other creditors
1,307,610
1,565,806

Accruals and deferred income
1,500
1,500

1,324,208
1,571,172




7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 6

 
SCREEN CRAFT RIGHTS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


MEMBERS FUND

Other Creditors includes monies due to members, as follows:


2024
2023
£
£

Funds


Balance brought forward
1,565,806
1,329,024

Received in the year
1,354,378
1,229,239

Total Funds
2,920,184
2,558,263

Fees


Administration fees
(66,333)
(62,104)

Registration fees
(8,435)
(3,255)

Total fees charged
(74,768)
(65,359)

Distributions


Paid to members in the year (net of registration fees)
(1,542,508)
(927,098)

Balance carried forward
1,302,908
1,565,806


9.


Related party transactions

No fees or expenses were paid to Directors of the company during the financial year. However, the following amounts were paid to directors as part of members' distributions.


2024
£

Derek Bain
18,502
Paul Booth
4,973
John Daly
98
Samantha Differ
3,523
Humphrey Dixon
380
Tim Hutchinson
573
Jill Taylor
3,764
Nigel Walters
1,390
Mark Everson
1,078
Andrew Mcalpine
2,678
36,959

 
Page 7