Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30No description of principal activity2022-10-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11577900 2022-10-01 2023-09-30 11577900 2021-10-01 2022-09-30 11577900 2023-09-30 11577900 2022-09-30 11577900 c:Director1 2022-10-01 2023-09-30 11577900 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 11577900 d:CopyrightsPatentsTrademarksServiceOperatingRights 2022-09-30 11577900 d:CurrentFinancialInstruments 2023-09-30 11577900 d:CurrentFinancialInstruments 2022-09-30 11577900 d:Non-currentFinancialInstruments 2023-09-30 11577900 d:Non-currentFinancialInstruments 2022-09-30 11577900 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 11577900 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 11577900 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 11577900 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 11577900 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 11577900 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-09-30 11577900 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 11577900 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-09-30 11577900 d:ShareCapital 2023-09-30 11577900 d:ShareCapital 2022-09-30 11577900 d:RetainedEarningsAccumulatedLosses 2023-09-30 11577900 d:RetainedEarningsAccumulatedLosses 2022-09-30 11577900 c:OrdinaryShareClass1 2022-10-01 2023-09-30 11577900 c:OrdinaryShareClass1 2023-09-30 11577900 c:OrdinaryShareClass1 2022-09-30 11577900 c:FRS102 2022-10-01 2023-09-30 11577900 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 11577900 c:FullAccounts 2022-10-01 2023-09-30 11577900 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11577900 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2022-10-01 2023-09-30 11577900 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2022-10-01 2023-09-30 11577900 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11577900













STANTON PUBLISHING LIMITED
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023


 
STANTON PUBLISHING LIMITED
REGISTERED NUMBER:11577900


BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
95,580
101,250

  
95,580
101,250

Current assets
  

Debtors: amounts falling due within one year
 5 
3,097
5,504

Cash at bank and in hand
 6 
85
70

  
3,182
5,574

Creditors: amounts falling due within one year
 7 
(104,335)
(89,750)

Net current liabilities
  
 
 
(101,153)
 
 
(84,176)

Total assets less current liabilities
  
(5,573)
17,074

Creditors: amounts falling due after more than one year
 8 
-
(19,741)

  

Net liabilities
  
(5,573)
(2,667)


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(5,673)
(2,767)

  
(5,573)
(2,667)


Page 1


 
STANTON PUBLISHING LIMITED
REGISTERED NUMBER:11577900

    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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 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 23 July 2024.




A Wake
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Stanton Publishing Limited is incorporated and domiciled in England and Wales. The registered office address is Harwood House, 43 Harwood Road, London, SW6 4QP. The principal activity of the company is that of music catalogue management.

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

Going concern

During the year ended 30 September 2023, the company suffered a loss after taxation of £2,906 giving rise to a balance sheet deficit of £5,573 at the period end. Of this £102,835 is owed to related parties (see note 12) who will not request repayment until the company is in a position to meet it's ongoing operational liabilities as they fall due.
The result is consistent with the directors expectations during a period in which the company established itself in the local market place. 
In light of the above and after taking into account all information that could reasonably be expected to be available, the director is confident that the company will continue in operational existence for the foreseeable future and that the going concern basis is therefore appropriate for the preparation of the company's financial statements.

Page 3


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

 
2.4

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.

 
2.5

Borrowing costs

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

Page 4


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

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.

 
2.9

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. 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.

 
2.10

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 5


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




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

Page 6


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Intangible assets




Copyright

£



Cost


At 1 October 2022
101,250


Additions
4,950



At 30 September 2023

106,200



Amortisation


Charge for the year on owned assets
10,620



At 30 September 2023

10,620



Net book value



At 30 September 2023
95,580



At 30 September 2022
101,250




5.


Debtors

2023
2022
£
£


Other debtors
-
5,504

Prepayments and accrued income
3,097
-

3,097
5,504



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
85
70


Page 7


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
5,250

Other creditors
102,835
83,000

Accruals and deferred income
1,500
1,500

104,335
89,750



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
19,741



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
-
5,250

Amounts falling due 1-2 years

Bank loans
-
5,250

Amounts falling due 2-5 years

Bank loans
-
14,491


-
24,991


Page 8


 
STANTON PUBLISHING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



11.


Related party transactions

Material balances and transactions with related parties arising during the period were as follows:


2023
2022
£
£

A Wake (included within other creditors)
102,835
83,000

Nature of relationships and control
A Wake is the sole director and controlling shareholder of the company.

 
Page 9