Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsefalsetrue2023-01-0111trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13549225 2023-01-01 2023-12-31 13549225 2022-01-01 2022-12-31 13549225 2023-12-31 13549225 2022-12-31 13549225 c:Director1 2023-01-01 2023-12-31 13549225 d:CurrentFinancialInstruments 2023-12-31 13549225 d:CurrentFinancialInstruments 2022-12-31 13549225 d:Non-currentFinancialInstruments 2023-12-31 13549225 d:Non-currentFinancialInstruments 2022-12-31 13549225 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13549225 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13549225 d:ShareCapital 2023-12-31 13549225 d:ShareCapital 2022-12-31 13549225 d:RetainedEarningsAccumulatedLosses 2023-12-31 13549225 d:RetainedEarningsAccumulatedLosses 2022-12-31 13549225 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13549225 c:OrdinaryShareClass1 2023-12-31 13549225 c:OrdinaryShareClass1 2022-12-31 13549225 c:FRS102 2023-01-01 2023-12-31 13549225 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13549225 c:FullAccounts 2023-01-01 2023-12-31 13549225 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13549225 2 2023-01-01 2023-12-31 13549225 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13549225














WEBB TOURING LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
WEBB TOURING LTD
REGISTERED NUMBER:13549225

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
-
15,000

Debtors: amounts falling due within one year
 4 
183,188
225,461

Cash at bank
 5 
158,445
26,146

  
341,633
266,607

Creditors: amounts falling due within one year
 6 
(80,857)
(133,850)

Net current assets
  
 
 
260,776
 
 
132,757

Total assets less current liabilities
  
260,776
132,757

  

Net assets
  
260,776
132,757


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
260,775
132,756

  
260,776
132,757


Page 1

 
WEBB TOURING LTD
REGISTERED NUMBER:13549225
    
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 her 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 A Webb
Director

Date: 23 December 2024

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

Page 2

 
WEBB TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Webb Touring Ltd is a private company, limited by shares, registered in England and Wales, registration number 13549225. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company is continued to be that of music touring activities.

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 the Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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 year 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.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expense'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover 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.

Turnover from music touring activities is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Recharged income is recognised when the corresponding expenses have been incurred on behalf of other entities.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer

 
2.4

Interest income

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

Page 3

 
WEBB TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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. 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

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 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 enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.

 
2.10

 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 the director, during the year was 1 (2022 - 1).

Page 4

 
WEBB TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
-
15,000


2023
2022
£
£

Due within one year

Trade debtors
91,879
71,053

Amounts owed by connected entities
-
131,762

Other debtors
90,737
9,780

Prepayments and accrued income
572
12,866

183,188
225,461



5.


Cash

2023
2022
£
£

Cash at bank
158,445
26,146



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
11,194
53,322

Amounts owed to connected entities
22,130
-

Corporation tax
40,083
29,273

Other creditors
-
3,152

Accruals and deferred income
7,450
48,103

80,857
133,850



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) ordinary share of £1.00
1
1


Page 5

 
WEBB TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Transactions with the director

As at the year end, the director owed £72,291 (2022 - the company owed £3,152 to the director) to the company. An interest at official rate has been charged on this loan, the loan is unsecured and repayable on demand.
During the year, dividends of £2,000 (2022 - £2,000) were paid to the director.

 
Page 6