Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-312022-09-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09158308 2022-09-01 2023-08-31 09158308 2021-09-01 2022-08-31 09158308 2023-08-31 09158308 2022-08-31 09158308 c:Director1 2022-09-01 2023-08-31 09158308 d:CurrentFinancialInstruments 2023-08-31 09158308 d:CurrentFinancialInstruments 2022-08-31 09158308 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09158308 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 09158308 d:ShareCapital 2023-08-31 09158308 d:ShareCapital 2022-08-31 09158308 d:RetainedEarningsAccumulatedLosses 2023-08-31 09158308 d:RetainedEarningsAccumulatedLosses 2022-08-31 09158308 c:OrdinaryShareClass1 2022-09-01 2023-08-31 09158308 c:OrdinaryShareClass1 2023-08-31 09158308 c:FRS102 2022-09-01 2023-08-31 09158308 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 09158308 c:FullAccounts 2022-09-01 2023-08-31 09158308 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09158308 d:Subsidiary1 2022-09-01 2023-08-31 09158308 d:Subsidiary1 1 2022-09-01 2023-08-31 09158308 2 2022-09-01 2023-08-31 09158308 6 2022-09-01 2023-08-31 09158308 d:ShareCapitalOtherShareTypes 2023-08-31 09158308 d:ShareCapitalOtherShareTypes 2022-08-31 09158308 d:CostValuation 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09158308














STAGE PLAY LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
STAGE PLAY LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 7


 
STAGE PLAY LIMITED
REGISTERED NUMBER:09158308

BALANCE SHEET
AS AT 31 AUGUST 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
91,393
118,212

Cash at bank and in hand
 6 
562
10,075

  
91,955
128,287

Creditors: amounts falling due within one year
 7 
(32,824)
(64,545)

Net current assets
  
 
 
59,131
 
 
63,742

Total assets less current liabilities
  
59,132
63,743

  

Net assets
  
59,132
63,743


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
59,130
63,741

  
59,132
63,743


1

 
STAGE PLAY LIMITED
REGISTERED NUMBER:09158308
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 her 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 profit and loss account 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: 




................................................
S N Newman
Director

Date: 30 August 2024

The notes on pages 4 to 7 form part of these financial statements.

2

 
STAGE PLAY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 September 2021 (as previously stated)
2
142,288
142,290

Prior year adjustment
-
27,835
27,835


At 1 September 2021 (as restated)
2
170,123
170,125


Comprehensive income for the year

Loss for the year
-
(106,382)
(106,382)



At 1 September 2022 (as previously stated)
2
(42,833)
(42,831)

Prior year adjustment
-
106,574
106,574


At 1 September 2022 (as restated)

2

63,741

63,743


Comprehensive income for the year

Loss for the year
-
(4,611)
(4,611)


At 31 August 2023
2
59,130
59,132


3

 
STAGE PLAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Stage Play Limited is a private company, limited by shares, registered in England and Wales, registration number 09158308. The registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company is theatrical production.

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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover from theatrical production 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Interest income

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

 
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.

4

 
STAGE PLAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

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 corporation 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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

 Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

 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 from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

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

5

 
STAGE PLAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Fixed asset investments





Investment in subsidiary company

£



Cost or valuation


At 1 September 2022
1



At 31 August 2023
1





Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Class of shares

Holding

BM Theatre Limited
Ordinary
50%


5.


Debtors

As restated
2023
2022
£
£


Other debtors
87,486
118,092

Prepayments and accrued income
3,907
120

91,393
118,212



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
562
10,075


6

 
STAGE PLAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Creditors: Amounts falling due within one year

As restated
2023
2022
£
£

Trade creditors
840
-

Amounts owed to group undertakings
1
1

Corporation tax
15,983
17,653

Other taxation and social security
-
21,937

Other creditors
1,000
1,000

Accruals and deferred income
15,000
23,954

32,824
64,545



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2



9.


Prior year adjustment

Bank payments were incorrectly allocated to profit and loss account expenses in previous years totalling £122,358. The prior year corporation tax loss carry back decreased by £15,784. The comparatives have been restated accordingly. The effect of the restatement is to increase other debtors by £118,090, increase corporation tax liability by £15,784 and to decrese other creditors by £4,268. The profit and loss account brought forward has increased by £106,574.
 
7