Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity3false3true2023-01-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07799580 2023-01-01 2023-12-31 07799580 2022-01-01 2022-12-31 07799580 2023-12-31 07799580 2022-12-31 07799580 c:Director4 2023-01-01 2023-12-31 07799580 d:CurrentFinancialInstruments 2023-12-31 07799580 d:CurrentFinancialInstruments 2022-12-31 07799580 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07799580 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07799580 d:ShareCapital 2023-12-31 07799580 d:ShareCapital 2022-12-31 07799580 d:CapitalRedemptionReserve 2023-12-31 07799580 d:CapitalRedemptionReserve 2022-12-31 07799580 d:RetainedEarningsAccumulatedLosses 2023-12-31 07799580 d:RetainedEarningsAccumulatedLosses 2022-12-31 07799580 c:FRS102 2023-01-01 2023-12-31 07799580 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07799580 c:FullAccounts 2023-01-01 2023-12-31 07799580 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07799580 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07799580









ETERNAL DANCE MEDIA LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ETERNAL DANCE MEDIA LIMITED
REGISTERED NUMBER: 07799580

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
250,882
286,413

Cash at bank and in hand
 5 
585,233
5,304,843

  
836,115
5,591,256

Creditors: amounts falling due within one year
 6 
(503,418)
(1,038,055)

Net current assets
  
 
 
332,697
 
 
4,553,201

Total assets less current liabilities
  
332,697
4,553,201

  

Net assets
  
332,697
4,553,201


Capital and reserves
  

Called up share capital 
  
3
3

Capital redemption reserve
  
1
1

Profit and loss account
  
332,693
4,553,197

  
332,697
4,553,201


Page 1

 
ETERNAL DANCE MEDIA LIMITED
REGISTERED NUMBER: 07799580
    
BALANCE SHEET (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 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 by: 




................................................
L A Pinnock
Director

Date: 11 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ETERNAL DANCE MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Eternal Dance Media Limited is a private company limited by shares. The Company is incorporated in England and Wales and the Company registered office address is First Floor, 17-19 Foley Street, London W1W 6DW. The Company registered number is 07799580.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
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:

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

 
ETERNAL DANCE MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Interest income

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

 
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 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
ETERNAL DANCE MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
5,749
6,021

Other debtors
8,133
-

Prepayments and accrued income
237,000
280,392

250,882
286,413



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
585,233
5,304,843

585,233
5,304,843



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
179,021
323,948

Other taxation and social security
10,670
35,982

Other creditors
170,810
366,306

Accruals and deferred income
142,917
311,819

503,418
1,038,055


 
Page 5