Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true1The principal activity of the company continued to be that of the production of theatre and musical entertainment.2023-01-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11897687 2023-01-01 2023-12-31 11897687 2022-01-01 2022-12-31 11897687 2023-12-31 11897687 2022-12-31 11897687 c:Director1 2023-01-01 2023-12-31 11897687 d:CurrentFinancialInstruments 2023-12-31 11897687 d:CurrentFinancialInstruments 2022-12-31 11897687 d:Non-currentFinancialInstruments 2023-12-31 11897687 d:Non-currentFinancialInstruments 2022-12-31 11897687 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11897687 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11897687 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11897687 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 11897687 d:ShareCapital 2023-12-31 11897687 d:ShareCapital 2022-12-31 11897687 d:RetainedEarningsAccumulatedLosses 2023-12-31 11897687 d:RetainedEarningsAccumulatedLosses 2022-12-31 11897687 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11897687 c:OrdinaryShareClass1 2023-12-31 11897687 c:FRS102 2023-01-01 2023-12-31 11897687 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11897687 c:FullAccounts 2023-01-01 2023-12-31 11897687 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11897687 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 11897687














LIGHT IN THE PIAZZA LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LIGHT IN THE PIAZZA LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 6


 
LIGHT IN THE PIAZZA LIMITED
REGISTERED NUMBER:11897687

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
41,678
26,854

Cash at bank and in hand
 5 
573
452

  
42,251
27,306

Creditors: amounts falling due within one year
 6 
(253,761)
(214,622)

Net current liabilities
  
 
 
(211,510)
 
 
(187,316)

Total assets less current liabilities
  
(211,510)
(187,316)

Creditors: amounts falling due after more than one year
 7 
-
(85,000)

  

Net liabilities
  
(211,510)
(272,316)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(211,511)
(272,317)

  
(211,510)
(272,316)


1

 
LIGHT IN THE PIAZZA LIMITED
REGISTERED NUMBER:11897687
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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 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: 




A W Lilley
Director

Date: 4 October 2024

The notes on pages 3 to 6 form part of these financial statements.

2

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Light In The Piazza Limited is a private company, limited by shares, registered in England and Wales, registration number 11897687. The registered office address is Hudson House, 8 Tavistock Street, London, WC2E 7PP.
The principal activity of the company continued to be that of the production of theatre and musical entertainment. 
 
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

Going concern

The financial statements have been prepared on the going concern basis as the parent company has confirmed to continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

 
2.3

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from theatrical productions is recognised by reference to the performance date.

 
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 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.

 
2.6

Debtors

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

3

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

 
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

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 and loans to related parties.


3.


Employees

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

4

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
29,000
25,000

Other debtors
2,729
519

Prepayments
9,949
1,335

41,678
26,854



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
573
452



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
16,024
3,095

Other taxation and social security
-
205

Other creditors
235,714
198,305

Accruals
2,023
13,017

253,761
214,622



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Deferred income
-
85,000



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 Ordinary share of £1.00
1
1


5

 
LIGHT IN THE PIAZZA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


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.

6