Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity22truetruefalsefalse2023-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01623438 2023-01-01 2023-12-31 01623438 2022-01-01 2022-12-31 01623438 2023-12-31 01623438 2022-12-31 01623438 c:Director1 2023-01-01 2023-12-31 01623438 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 01623438 d:FreeholdInvestmentProperty 2023-12-31 01623438 d:CurrentFinancialInstruments 2023-12-31 01623438 d:CurrentFinancialInstruments 2022-12-31 01623438 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01623438 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01623438 d:ShareCapital 2023-12-31 01623438 d:ShareCapital 2022-12-31 01623438 d:RetainedEarningsAccumulatedLosses 2023-12-31 01623438 d:RetainedEarningsAccumulatedLosses 2022-12-31 01623438 c:FRS102 2023-01-01 2023-12-31 01623438 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01623438 c:FullAccounts 2023-01-01 2023-12-31 01623438 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01623438 2 2023-01-01 2023-12-31 01623438 6 2023-01-01 2023-12-31 01623438 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 01623438









DOMINION THEATRE INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DOMINION THEATRE INVESTMENTS LIMITED
REGISTERED NUMBER: 01623438

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,048,967
1,048,967

Investment property
  
25,056,873
-

  
26,105,840
1,048,967

Current assets
  

Debtors: amounts falling due within one year
 6 
1,808,385
1,405,397

  
1,808,385
1,405,397

Creditors: amounts falling due within one year
 7 
(26,462,532)
(1,326,759)

Net current (liabilities)/assets
  
 
 
(24,654,147)
 
 
78,638

Total assets less current liabilities
  
1,451,693
1,127,605

  

Net assets
  
1,451,693
1,127,605


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,451,593
1,127,505

  
1,451,693
1,127,605


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 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 on 30 October 2024.


J B Katzman
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
DOMINION THEATRE INVESTMENTS LIMITED
REGISTERED NUMBER: 01623438
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Page 2

 
DOMINION THEATRE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Dominion Theatre Investments Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue comprises the company's share of rental income from its interest in the leasehold of the Dominion Theatre and from 8 December 2023, its freehold interest in the property and is recognised in the period to which the rental income relates. 

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Valuation of investments

Investments are measured at cost less accumulated impairment.

 
2.5

Debtors

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

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Interest income

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

 
2.8

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.

Page 3

 
DOMINION THEATRE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2023
1,048,967



At 31 December 2023
1,048,967





5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
25,056,873



At 31 December 2023
25,056,873

The 2023 valuation is based on the property's purchase price shortly before the balance sheet  date, on an open market value for existing use basis.



At 31 December 2023



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
25,056,873
-

25,056,873
-

Page 4

 
DOMINION THEATRE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Amounts owed by joint ventures and associated undertakings
1,808,385
1,405,397

1,808,385
1,405,397



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
5,433,469
1,321,851

Amounts owed to associates
20,540,020
-

Corporation tax
99,670
4,908

Accruals and deferred income
389,373
-

26,462,532
1,326,759



8.


Related party transactions

At the balance sheet date debtors include £1,808,385 (2022: £1,405,397) owed by the company's participating interest in the Dominion Theatre Tenancy in Common.
At the balance sheet date creditors include £5,433,469 (2022: £1,321,851) owed to the company's parent company, Nederlander International Limited.
At the balance sheet date creditors include £20,540,020 owed to a company under common control. 


9.


Controlling party

The company’s immediate parent undertaking is Nederlander International Limited, a company incorporated in the United Kingdom.
           
The ultimate controlling party is J L Nederlander.

 
Page 5