Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07358304 2023-01-01 2024-06-30 07358304 2022-01-01 2022-12-31 07358304 2024-06-30 07358304 2022-12-31 07358304 c:Director2 2023-01-01 2024-06-30 07358304 d:OtherPropertyPlantEquipment 2023-01-01 2024-06-30 07358304 d:OtherPropertyPlantEquipment 2024-06-30 07358304 d:OtherPropertyPlantEquipment 2022-12-31 07358304 d:CurrentFinancialInstruments 2024-06-30 07358304 d:CurrentFinancialInstruments 2022-12-31 07358304 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 07358304 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07358304 d:ShareCapital 2024-06-30 07358304 d:ShareCapital 2022-12-31 07358304 d:RetainedEarningsAccumulatedLosses 2024-06-30 07358304 d:RetainedEarningsAccumulatedLosses 2022-12-31 07358304 c:FRS102 2023-01-01 2024-06-30 07358304 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 07358304 c:FullAccounts 2023-01-01 2024-06-30 07358304 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 07358304 2 2023-01-01 2024-06-30 07358304 e:PoundSterling 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 07358304









PECULIUS STAGE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
PECULIUS STAGE LIMITED
REGISTERED NUMBER: 07358304

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
-
84

Current assets
  

Debtors: amounts falling due within one year
 6 
13,528
5,564

Cash at bank and in hand
  
12,889
26,797

  
26,417
32,361

Creditors: amounts falling due within one year
 7 
(12,955)
(16,624)

Net current assets
  
 
 
13,462
 
 
15,737

Total assets less current liabilities
  
13,462
15,821

  

Net assets
  
13,462
15,821


Capital and reserves
  

Called up share capital 
  
2,200
2,200

Profit and loss account
  
11,262
13,621

  
13,462
15,821


The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 17 February 2025.



T Dixon
Director

Page 1

 
PECULIUS STAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Peculius Stage Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 9 St. Lukes Drive, Orrell, Wigan, England, WN5 7AU.
The company extended its accounting reference date to 30 June 2024. The comparative period reflects a 12 month period ended 31 December 2022. The amounts reported in these financial statements for both periods are therefore not comparable. 

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.

Page 2

 
PECULIUS STAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.2

Revenue

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. The company derives the majority of its revenue from the performance of theatrical productions, and a small amount from the sale of merchandise and programmes. The company also receives some income from grant-awarding organisations.
Performance revenue
The revenue derived from performances is invoiced according to three different models, depending on the contract between the company and the performance venue. These are:
Buyout
The venue or host pays a flat fee to the company for a performance. Typically 50% is invoiced before the date of the performance, with the remainder invoiced upon completion. Revenue is recognised upon completion of the performance.
Ticketed performances, with the ticketing hosted by the venue
The company will invoice the venue for a deposit in advance, with the remainder invoiced as a box office split upon completion of the performance. Revenue is recognised upon completion of the performance.
Ticketed performances, with ticketing hosted by the company
Revenue is invoiced through a ticketing agent and is recognised in full upon completion of the performance.

Other revenue
Merchandise and programme sales
Merchandise and programme sales are cash transactions which take place at performances, they are recognised at the point at which the goods are provided to the customer.
Grant income
Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure. The deferred element of grants is included in creditors as deferred income.

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Other fixed assets
-
25%
Straight line

Page 3

 
PECULIUS STAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

 
2.5

Functional and presentation currency

The Company's functional and presentational currency is GBP.

 
2.6

Interest income

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

 
2.7

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. 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.
The company is eligible to claim a tax credit on theatre production costs. The tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of enhanceable expenditure and carries losses arising from total net costs forward against future profits.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the year end based on invoices received after the year end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.


4.


Employees




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

Page 4

 
PECULIUS STAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Tangible fixed assets







Other fixed assets

£





At 1 January 2023
3,911


Disposals
(3,911)



At 30 June 2024

-





At 1 January 2023
3,827


Disposals
(3,827)



At 30 June 2024

-



Net book value



At 30 June 2024
-



At 31 December 2022
84


6.


Debtors

30 June
31 December
2024
2022
£
£


Trade debtors
353
1,140

Other debtors
13,175
4,424

13,528
5,564


Page 5

 
PECULIUS STAGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Other taxation and social security
-
706

Other creditors
7,418
7,418

Accruals and deferred income
5,537
8,500

12,955
16,624



8.


Related party transactions

At the reporting date the company owed P Moss, a director, £3,709 (2022: £3,709) which is included in other creditors. The balance was provided interest free and is repayable on demand. 
At the reporting date the company owed T Dixon, a director, £3,709 (2022: £3,709) which is included in other creditors. The balance was provided interest free and is repayable on demand. 
There were no further transactions with related parties that are material and have not been conducted under normal market conditions.

Page 6