Company Registration No. 11197941 (England and Wales)
Chambers Comedy Collective Limited
Unaudited accounts
for the year ended 30 June 2024
Chambers Comedy Collective Limited
Unaudited accounts
Contents
Chambers Comedy Collective Limited
Company Information
for the year ended 30 June 2024
Company Number
11197941 (England and Wales)
Registered Office
39-41 Parker Street
Covent Garden
London
WC2B 5PQ
England
Accountants
Blue Cube Accountants Limited
7 High Street
Windsor
SL4 1LD
Chambers Comedy Collective Limited
Statement of financial position
as at 30 June 2024
Debtors
5,517,687
5,467,939
Cash at bank and in hand
9,448,494
7,046,539
Creditors: amounts falling due within one year
(2,612,275)
(1,507,503)
Net current assets
12,353,906
11,006,975
Net assets
12,354,207
11,007,276
Called up share capital
301
301
Profit and loss account
12,353,906
11,006,975
Shareholders' funds
12,354,207
11,007,276
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 November 2024 and were signed on its behalf by
Hannah Chambers
Director
Company Registration No. 11197941
Chambers Comedy Collective Limited
Notes to the Accounts
for the year ended 30 June 2024
Chambers Comedy Collective Limited is a private company, limited by shares, registered in England and Wales, registration number 11197941. The registered office is 39-41 Parker Street, Covent Garden, London, WC2B 5PQ, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to the UK and Republic of Ireland’ including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
This is a parent company and is exempt from preparing group accounts as it qualifies as a small group.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Investments in subsidiary undertakings are recognised at cost.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3
Investments
Subsidiary undertakings
Valuation at 1 July 2023
301
Valuation at 30 June 2024
301
Chambers Comedy Collective Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
1,999,956
1,749,956
Accrued income and prepayments
93,941
-
Other debtors
3,423,790
3,717,983
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
2,480,000
1,480,000
Taxes and social security
132,265
27,493
Loans from directors
10
10
Allotted, called up and fully paid:
301 Ordinary shares of £1 each
301
301
7
Transactions with related parties
Included in debtors is £1,999,956 (2023 - £1,549,956) owed from Chambers Property Investments Limited - this company is a subsidiary and is controlled by the director.
Included in creditors is £150,000 (2023 - £150,000) owed to Chambers Management Limited - this company is a subsidiary and is controlled by the director.
Included in creditors is £2,330,000 (2023 - £1,330,000) owed to Chambers Touring Limited - this company is a subsidiary and is controlled by the director.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).