Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3122false2023-01-01Other publishing activitiestruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03676558 2023-01-01 2023-12-31 03676558 2022-01-01 2022-12-31 03676558 2023-12-31 03676558 2022-12-31 03676558 2022-01-01 03676558 c:Director2 2023-01-01 2023-12-31 03676558 d:PlantMachinery 2023-01-01 2023-12-31 03676558 d:PlantMachinery 2023-12-31 03676558 d:PlantMachinery 2022-12-31 03676558 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03676558 d:MotorVehicles 2023-01-01 2023-12-31 03676558 d:MotorVehicles 2023-12-31 03676558 d:MotorVehicles 2022-12-31 03676558 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03676558 d:FurnitureFittings 2023-01-01 2023-12-31 03676558 d:FurnitureFittings 2023-12-31 03676558 d:FurnitureFittings 2022-12-31 03676558 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03676558 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03676558 d:CurrentFinancialInstruments 2023-12-31 03676558 d:CurrentFinancialInstruments 2022-12-31 03676558 d:Non-currentFinancialInstruments 2023-12-31 03676558 d:Non-currentFinancialInstruments 2022-12-31 03676558 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03676558 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03676558 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 03676558 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 03676558 d:ShareCapital 2023-12-31 03676558 d:ShareCapital 2022-12-31 03676558 d:RetainedEarningsAccumulatedLosses 2023-12-31 03676558 d:RetainedEarningsAccumulatedLosses 2022-12-31 03676558 c:OrdinaryShareClass1 2023-01-01 2023-12-31 03676558 c:OrdinaryShareClass1 2023-12-31 03676558 c:FRS102 2023-01-01 2023-12-31 03676558 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03676558 c:FullAccounts 2023-01-01 2023-12-31 03676558 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03676558 d:WithinOneYear 2023-12-31 03676558 d:WithinOneYear 2022-12-31 03676558 d:BetweenOneFiveYears 2023-12-31 03676558 d:BetweenOneFiveYears 2022-12-31 03676558 6 2023-01-01 2023-12-31 03676558 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 03676558 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 03676558 2 2023-12-31 03676558 2 2022-12-31 03676558 f:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03676558














GOLDEN SQUARE UK LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
GOLDEN SQUARE UK LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
GOLDEN SQUARE UK LIMITED
REGISTERED NUMBER:03676558

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1,345

Current assets
  

Debtors: amounts falling due within one year
 6 
16,553
56,139

Cash at bank and in hand
  
29,330
67,851

  
45,883
123,990

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(20,564)
(48,092)

Net current assets
  
 
 
25,319
 
 
75,898

Total assets less current liabilities
  
25,319
77,243

Creditors: amounts falling due after more than one year
 8 
(1,834)
(21,834)

Provisions for liabilities
  

Deferred tax
 9 
-
(337)

Net assets
  
23,485
55,072


Capital and reserves
  

Called up share capital 
 10 
2
2

Profit and loss account
  
23,483
55,070

  
23,485
55,072


Page 1

 
GOLDEN SQUARE UK LIMITED
REGISTERED NUMBER:03676558
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 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 6 August 2024.



W M Sieghart
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Golden Square UK Limited is a private limited liability company registered in England and Wales. Its registered office address and principal place of business is at 23 Golden Square, London, W1F 9JP.

The principal activity of the company continued to be that of publishing.
The company's functional and presentational currency is £ sterling.

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.
Revenue from publishing services is recognised in the period when the services are performed.

 
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.

Depreciation is provided on the following basis:

Plant & machinery
-
33.3%
straight line
Motor vehicles
-
16.6%
straight line
Fixtures & fittings
-
25.0%
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 the Statement of Comprehensive Income.

Page 3

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each Statement of Financial Position date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. 

 
2.5

Basic financial instruments

The company only enters into transactions that result in the recognition of basic financial assets and basic financial liabilities.
Basic financial assets, such as trade and other debtors, are initially recognised at the transaction price less attributable transaction costs. Basic financial liabilities, such as trade and other creditors, are initially recognised at the transaction price plus attributable transaction costs. Subsequently, they are measured at amortised cost using the effective interest method, less any impairment losses in the case of basic financial assets.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable.

 
2.7

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 4

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

Tax is recognised in the Statement of Comprehensive Income, 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 reporting date.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
1) 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
2) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences. 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 (2022 - 2).

Page 5

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Total

£
£
£
£



Cost


At 1 January 2023
13,314
109,380
6,617
129,311


Disposals
(13,314)
(109,380)
(6,617)
(129,311)



At 31 December 2023

-
-
-
-



Depreciation


At 1 January 2023
12,184
109,380
6,402
127,966


Charge for the year on owned assets
386
-
215
601


Disposals
(12,570)
(109,380)
(6,617)
(128,567)



At 31 December 2023

-
-
-
-



Net book value



At 31 December 2023
-
-
-
-



At 31 December 2022
1,130
-
215
1,345


5.


Fixed asset investments





Unlisted investments

£



Cost


At 1 January 2023
18,820



At 31 December 2023

18,820



Impairment


At 1 January 2023
18,820



At 31 December 2023

18,820



Net book value



At 31 December 2023
-



At 31 December 2022
-

Page 6

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
3,480
45,000

Other debtors
1,858
9,255

Prepayments and accrued income
11,215
1,884

16,553
56,139



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
2,049
35,831

Other creditors
2,666
5,361

Accruals and deferred income
15,849
6,900

20,564
48,092



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
1,834
21,834



9.


Deferred taxation




2023
2022


£

£






At beginning of year
337
117


Charged to profit or loss
(337)
220



At end of year
-
337

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
-
337

Page 7

 
GOLDEN SQUARE UK LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2



11.


Commitments under operating leases

At 31 December 2023 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
9,543
28,629

Later than 1 year and not later than 5 years
-
9,543

9,543
38,172

 
Page 8