Leicester Dance Theatre Limited 09486100 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is as follows: 1. To provide or assist in the provision of performing arts facilities (primarily dance) in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. 2. To advance the education of the community by providing and assisting in the provision of dance education programme. 3. To promote and develop professional dance productions as a tool for engaging the general public in artistic practice and education. Digita Accounts Production Advanced 6.30.9574.0 true 09486100 2023-04-01 2024-03-31 09486100 2024-03-31 09486100 core:RetainedEarningsAccumulatedLosses 2024-03-31 09486100 core:CurrentFinancialInstruments 2024-03-31 09486100 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09486100 core:FurnitureFittings 2024-03-31 09486100 core:OfficeEquipment 2024-03-31 09486100 bus:SmallEntities 2023-04-01 2024-03-31 09486100 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09486100 bus:FilletedAccounts 2023-04-01 2024-03-31 09486100 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09486100 bus:RegisteredOffice 2023-04-01 2024-03-31 09486100 bus:Director1 2023-04-01 2024-03-31 09486100 bus:Director2 2023-04-01 2024-03-31 09486100 bus:Director3 2023-04-01 2024-03-31 09486100 bus:Director4 2023-04-01 2024-03-31 09486100 bus:Director5 2023-04-01 2024-03-31 09486100 bus:Director7 2023-04-01 2024-03-31 09486100 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 09486100 core:ComputerEquipment 2023-04-01 2024-03-31 09486100 core:FurnitureFittings 2023-04-01 2024-03-31 09486100 core:OfficeEquipment 2023-04-01 2024-03-31 09486100 6 2023-04-01 2024-03-31 09486100 countries:EnglandWales 2023-04-01 2024-03-31 09486100 2023-03-31 09486100 core:FurnitureFittings 2023-03-31 09486100 core:OfficeEquipment 2023-03-31 09486100 2022-04-01 2023-03-31 09486100 2023-03-31 09486100 core:RetainedEarningsAccumulatedLosses 2023-03-31 09486100 core:CurrentFinancialInstruments 2023-03-31 09486100 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09486100 core:FurnitureFittings 2023-03-31 09486100 core:OfficeEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09486100

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

(A company limited by guarantee)

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Company Information

Directors

G N Callister

R Chakraborty

H Chhaniyara

S P Khan

D Mirchandani

B Sharma

Registered office

1st Floor
32 Belgrave Road
Leicester
LE4 5AS

Accountants

Burton Sweet Limited
Chartered Accountants & Business Advisors
The Clock Tower, 5 Farleigh Court
Flax Bourton, Bristol
BS48 1UR

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

(Registration number: 09486100)
Balance Sheet
31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,186

6,214

Current assets

 

Debtors

5

240,321

221,655

Cash at bank and in hand

 

109,877

96,253

 

350,198

317,908

Creditors: Amounts falling due within one year

6

(102,756)

(108,432)

Net current assets

 

247,442

209,476

Net assets

 

250,628

215,690

Reserves

 

Retained earnings

250,628

215,690

Surplus

 

250,628

215,690

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

(Registration number: 09486100)
Balance Sheet
31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 September 2024 and signed on its behalf by:
 

.........................................
R Chakraborty
Chair of Trustees

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, 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.

The address of its registered office is:
1st Floor
32 Belgrave Road
Leicester
LE4 5AS

These financial statements were authorised for issue by the Board on 5 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Grant income

Grants are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

5 years straight line

Office equipment

3 years straight line

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company during the year, was 7 (2023 - 7).

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

4,431

9,694

14,125

Additions

-

2,428

2,428

Disposals

-

(4,610)

(4,610)

At 31 March 2024

4,431

7,512

11,943

Depreciation

At 1 April 2023

2,285

5,626

7,911

Charge for the year

577

3,121

3,698

Eliminated on disposal

-

(2,852)

(2,852)

At 31 March 2024

2,862

5,895

8,757

Carrying amount

At 31 March 2024

1,569

1,617

3,186

At 31 March 2023

2,146

4,068

6,214

5

Debtors

2024
£

2023
£

Trade debtors

15,242

16,561

Other debtors

175,079

184,838

Prepayments

50,000

20,256

240,321

221,655

 

Leicester Dance Theatre Limited

trading as Aakash Odedra Company

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

17,347

35,113

Taxation and social security

-

16,324

Accruals and deferred income

60,376

43,879

Other creditors

25,033

13,116

102,756

108,432