Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false2023-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08834068 2023-02-01 2024-01-31 08834068 2022-02-01 2023-01-31 08834068 2024-01-31 08834068 2023-01-31 08834068 c:Director1 2023-02-01 2024-01-31 08834068 d:CurrentFinancialInstruments 2024-01-31 08834068 d:CurrentFinancialInstruments 2023-01-31 08834068 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08834068 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08834068 d:ShareCapital 2024-01-31 08834068 d:ShareCapital 2023-01-31 08834068 d:RetainedEarningsAccumulatedLosses 2024-01-31 08834068 d:RetainedEarningsAccumulatedLosses 2023-01-31 08834068 c:FRS102 2023-02-01 2024-01-31 08834068 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08834068 c:FullAccounts 2023-02-01 2024-01-31 08834068 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08834068 6 2023-02-01 2024-01-31 08834068 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 08834068









DDQ (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
DDQ (UK) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DDQ (UK) LIMITED
FOR THE YEAR ENDED 31 JANUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DDQ (UK) Limited for the year ended 31 January 2024 which comprise  the balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of DDQ (UK) Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of DDQ (UK) Limited and state those matters that we have agreed to state to the director of DDQ (UK) Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DDQ (UK) Limited and its director for our work or for this report. 

It is your duty to ensure that DDQ (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DDQ (UK) Limited. You consider that DDQ (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DDQ (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  
Nyman Libson Paul LLP
 
Chartered Accountants
  
124 Finchley Road
London
NW3 5JS
1 November 2024
Page 1

 
DDQ (UK) LIMITED
REGISTERED NUMBER: 08834068

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
6,854
2,743

Current asset investments
 5 
1,370
1,650

Cash at bank and in hand
  
60,394
67,125

  
68,618
71,518

Creditors: amounts falling due within one year
 6 
(14,719)
(21,634)

Net current assets
  
 
 
53,899
 
 
49,884

Total assets less current liabilities
  
53,899
49,884

  

Net assets
  
53,899
49,884


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
53,898
49,883

  
53,899
49,884


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 1 November 2024.


D McNeilly
Director

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

Page 2

 
DDQ (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

DDQ (UK) Limited is a private company,limited by shares and incorporated in England. The address of the 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

Turnover comprises revenue recognised by the company in respect of general management
services provided during the year, commissions receivable, its share of profits from its investments in theatrical productions and other production income receivable for the reporting period.

 
2.3

Investments in productions

Investments in theatrical productions are recognised at the recoupable amount at the balance sheet date being the amount invested less amounts recovered, plus anticipated profits after making provision for losses where recovery of outstanding investments in full is not anticipated.

 
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. 

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
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.

Page 3

 
DDQ (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

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.


3.


Employees

2024
2023
£
£

Wages and salaries
52,500
48,000

Social security costs
1,051
1,608

Cost of defined contribution scheme
1,287
1,198

54,838
50,806


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
6,798
2,687

Tax recoverable
56
56

6,854
2,743


Page 4

 
DDQ (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Current asset investments

2024
2023
£
£

Investments in theatrical productions
1,370
1,650

1,370
1,650



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,468
6,677

Other taxation and social security
6,970
5,282

Other creditors
4,281
5,539

Accruals
2,000
4,136

14,719
21,634



7.


Pension commitments

Contributions payable during the year were £1,287 (2023: £1,198). The amount outstanding at the balance sheet date was £433 (2023: £663).


8.


Related party transactions

At the balance sheet date creditors include £3,571 (2023: £4,571) due to the director of the company.


9.


Controlling party

Throughout the year the company was under the control of the director, D McNeilly.

 
Page 5