Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-309false2023-05-01Activities of exhibition and fair organisers9truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05034338 2023-05-01 2024-04-30 05034338 2022-05-01 2023-04-30 05034338 2024-04-30 05034338 2023-04-30 05034338 c:Director2 2023-05-01 2024-04-30 05034338 d:FurnitureFittings 2023-05-01 2024-04-30 05034338 d:FurnitureFittings 2024-04-30 05034338 d:FurnitureFittings 2023-04-30 05034338 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05034338 d:CurrentFinancialInstruments 2024-04-30 05034338 d:CurrentFinancialInstruments 2023-04-30 05034338 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05034338 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05034338 d:ShareCapital 2024-04-30 05034338 d:ShareCapital 2023-04-30 05034338 d:RetainedEarningsAccumulatedLosses 2024-04-30 05034338 d:RetainedEarningsAccumulatedLosses 2023-04-30 05034338 c:OrdinaryShareClass1 2023-05-01 2024-04-30 05034338 c:OrdinaryShareClass1 2024-04-30 05034338 c:FRS102 2023-05-01 2024-04-30 05034338 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05034338 c:FullAccounts 2023-05-01 2024-04-30 05034338 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05034338 2 2023-05-01 2024-04-30 05034338 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05034338














OLD BILLINGSGATE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
OLD BILLINGSGATE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5

 
OLD BILLINGSGATE LIMITED
REGISTERED NUMBER:05034338

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,924
640

Current assets
  

Debtors: amounts falling due within one year
 5 
116,837
140,710

Cash at bank and in hand
  
149,582
473,732

  
266,419
614,442

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(192,265)
(124,674)

Net current assets
  
 
 
74,154
 
 
489,768

  

Net assets
  
76,078
490,408


Capital and reserves
  

Called up share capital 
 7 
99
99

Profit and loss account
  
75,979
490,309

  
76,078
490,408


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 comprehensive income 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 17 January 2025.




J Zeloof
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
OLD BILLINGSGATE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Old Billingsgate Limited is a private limited liability company registered in England and Wales. Its registered office and business address is Riverside Entrance, 1 Old Billingsgate Walk, London, EC3R 6DX.
The principal activity of the company continued to be that of organising services for events at 1 Old Billingsgate Walk.
The financial statements are presented in Sterling (£), which is the functional currency of the company.

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

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Revenue from the provision of services at events is recognised on the date of the event.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives on the following basis:

Fixtures, fittings & equipment
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.
Page 2

 
OLD BILLINGSGATE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, and loans with related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors, other debtors and loans to related parties.
Cash is represented by cash in hand and deposits with financial institutions.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable.

 
2.6

Pensions

The company contributes to 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 the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
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 reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 
OLD BILLINGSGATE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 9).


4.


Tangible fixed assets





Fixtures, fittings & equipment

£



Cost


At 1 May 2023
5,699


Additions
1,647



At 30 April 2024

7,346



Depreciation


At 1 May 2023
5,059


Charge for the year on owned assets
363



At 30 April 2024

5,422



Net book value



At 30 April 2024
1,924



At 30 April 2023
640


5.


Debtors

2024
2023
£
£


Trade debtors
112,850
139,813

Prepayments and accrued income
3,987
897

116,837
140,710


Page 4

 
OLD BILLINGSGATE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
43,781
21,314

Taxation and social security
105,078
43,627

Other creditors
18,784
19,959

Accruals and deferred income
24,622
39,774

192,265
124,674



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



99 Ordinary shares of £1 each
99
99



8.


Pension commitments

The company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,174 (2023 - £5,668). Contributions totalling £1,235 (2023 - £2,409) were payable to the fund at the reporting date.


9.


Parent undertaking

The company's parent undertaking is Ely & Sidney Limited, a company incorporated in England and Wales. Its registered office address is 91 Brick Lane, London, E1 6QL.

 
Page 5