Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2022-10-14The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0No description of principal activity0falsetrue 14419640 2022-10-13 14419640 2022-10-14 2024-03-31 14419640 2021-10-14 2022-10-13 14419640 2024-03-31 14419640 c:Director1 2022-10-14 2024-03-31 14419640 d:CurrentFinancialInstruments 2024-03-31 14419640 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14419640 d:ShareCapital 2024-03-31 14419640 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 14419640 c:OrdinaryShareClass1 2022-10-14 2024-03-31 14419640 c:OrdinaryShareClass1 2024-03-31 14419640 c:FRS102 2022-10-14 2024-03-31 14419640 c:AuditExempt-NoAccountantsReport 2022-10-14 2024-03-31 14419640 c:FullAccounts 2022-10-14 2024-03-31 14419640 c:PrivateLimitedCompanyLtd 2022-10-14 2024-03-31 14419640 e:PoundSterling 2022-10-14 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14419640









FIRESIDE EVENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
FIRESIDE EVENTS LIMITED
REGISTERED NUMBER: 14419640

BALANCE SHEET
AS AT 31 MARCH 2024

31 March 2024
Note
£

  

Current assets
  

Cash at bank and in hand
 4 
18,517

  
18,517

Creditors: amounts falling due within one year
 5 
(18,417)

Net current assets
  
 
 
100

Total assets less current liabilities
  
100

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
 7 
100

  
100


Page 1

 
FIRESIDE EVENTS LIMITED
REGISTERED NUMBER: 14419640
    
BALANCE SHEET (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 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 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 14 August 2024.




................................................
Ethan Davids
Director

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

Page 2

 
FIRESIDE EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Fireside Events Limited is a private company limited by shares, incorporated in England and Wales on 14 October 2022. The principal activity throughout the period was that of catering services. The company's year end was extended from 31 Otcober 2023 to 31 March 2024. The Company started trading on 01 November 2022 and ceased trading on 31 March 2024.

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

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.

Page 3

 
FIRESIDE EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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.

Page 4

 
FIRESIDE EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.7

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.


3.


Employees

The Company has no employees other than the director, who did not receive any remuneration.



Page 5

 
FIRESIDE EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Cash and cash equivalents

Period ended 31 March 2024
£

Cash at bank and in hand
18,517

18,517



5.


Creditors: Amounts falling due within one year

Period ended 31 March 2024
£

Trade creditors
6,493

Amounts owed to joint ventures
600

Corporation tax
585

Other creditors
9,305

Accruals and deferred income
1,434

18,417



6.


Financial instruments

Period ended 31 March 2024
£

Financial assets


Financial assets measured at fair value through profit or loss
18,517




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 6

 
FIRESIDE EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Share capital

Period ended 31 March 2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1 each
100


Upon incorporation 100 Ordinary £1 shares were issued at par.


8.


Controlling party

The Company is controlled by the director, Ethan Davids, by virtue of his shareholding as described in the Director's report.

 
Page 7