Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The principal activity of the company is that of production of theatrical shows2023-01-01false2357truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12204867 2023-01-01 2023-12-31 12204867 2022-01-01 2022-12-31 12204867 2023-12-31 12204867 2022-12-31 12204867 c:Director2 2023-01-01 2023-12-31 12204867 d:CurrentFinancialInstruments 2023-12-31 12204867 d:CurrentFinancialInstruments 2022-12-31 12204867 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12204867 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12204867 d:ShareCapital 2023-12-31 12204867 d:ShareCapital 2022-12-31 12204867 d:RetainedEarningsAccumulatedLosses 2023-12-31 12204867 d:RetainedEarningsAccumulatedLosses 2022-12-31 12204867 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12204867 c:OrdinaryShareClass1 2023-12-31 12204867 c:OrdinaryShareClass1 2022-12-31 12204867 c:FRS102 2023-01-01 2023-12-31 12204867 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12204867 c:FullAccounts 2023-01-01 2023-12-31 12204867 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12204867 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12204867














SCOUT LONDON LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
SCOUT LONDON LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 5


 
SCOUT LONDON LIMITED
REGISTERED NUMBER:12204867

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
143,722
999,576

Cash at bank and in hand
 6 
577,065
2,147,233

  
720,787
3,146,809

Creditors: amounts falling due within one year
 7 
(698,346)
(3,327,639)

Net current assets/(liabilities)
  
 
 
22,441
 
 
(180,830)

Total assets less current liabilities
  
22,441
(180,830)

  

Net assets/(liabilities)
  
22,441
(180,830)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
22,440
(180,831)

  
22,441
(180,830)


1

 
SCOUT LONDON LIMITED
REGISTERED NUMBER:12204867
    
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 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 A P Friedman
Director

Date: 25 September 2024

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

2

 
SCOUT LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Scout London Limited is a private company, limited by shares, registered in England and Wales, registration number 12204867. The registered office address is 5th Floor, 65 Chandos Place, London,  WC2N 4HG.
To Kill A Mockingbird show has closed on 20 May 2023. 

The principal activity of the company is that of production of theatrical shows.

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 company's functional and presentational currency is pound sterling.
 
The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover from box office 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

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 company is eligible to claim a tax credit on  production costs. The tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.4

Debtors

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

 
2.5

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.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

3

 
SCOUT LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from other third parties, loans to related parties.

 
2.8

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 23 (2022 -57).


4.


Dividends

2023
2022
£
£


Dividends paid
372,750
-


5.


Debtors

2023
2022
£
£


Trade debtors
18,925
355,606

Other debtors
32,379
4,975

Prepayments
-
145,410

Tax recoverable
92,418
493,585

143,722
999,576



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
577,065
2,147,233


4

 
SCOUT LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
777,429

Amounts owed to group undertakings
179,608
1,950,000

Other taxation and social security
-
110,146

Other creditors
375,238
43,519

Accruals
143,500
446,545

698,346
3,327,639



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1



9.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £44,324 (2022 - £90,665). Contributions totalling £Nil (2022 - £12,117) were payable to the fund at the balance sheet date and are included in creditors.


10.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35, as the company is itself a wholly owned subsidiary of Atticus London Ltd.
 
5