The Riot Act Limited 09780972 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is theatre in education Digita Accounts Production Advanced 6.30.9574.0 true true 09780972 2023-10-01 2024-09-30 09780972 2024-09-30 09780972 core:CurrentFinancialInstruments 2024-09-30 09780972 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09780972 core:FurnitureFittings 2024-09-30 09780972 core:MotorVehicles 2024-09-30 09780972 core:OfficeEquipment 2024-09-30 09780972 core:PlantMachinery 2024-09-30 09780972 1 2024-09-30 09780972 bus:SmallEntities 2023-10-01 2024-09-30 09780972 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09780972 bus:FilletedAccounts 2023-10-01 2024-09-30 09780972 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09780972 bus:RegisteredOffice 2023-10-01 2024-09-30 09780972 bus:Director1 2023-10-01 2024-09-30 09780972 bus:Director2 2023-10-01 2024-09-30 09780972 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09780972 core:ComputerEquipment 2023-10-01 2024-09-30 09780972 core:FurnitureFittings 2023-10-01 2024-09-30 09780972 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09780972 core:MotorVehicles 2023-10-01 2024-09-30 09780972 core:OfficeEquipment 2023-10-01 2024-09-30 09780972 core:PlantMachinery 2023-10-01 2024-09-30 09780972 countries:AllCountries 2023-10-01 2024-09-30 09780972 1 2023-10-01 2024-09-30 09780972 2023-09-30 09780972 core:FurnitureFittings 2023-09-30 09780972 core:MotorVehicles 2023-09-30 09780972 core:OfficeEquipment 2023-09-30 09780972 core:PlantMachinery 2023-09-30 09780972 1 2023-09-30 09780972 2022-10-01 2023-09-30 09780972 2023-09-30 09780972 core:CurrentFinancialInstruments 2023-09-30 09780972 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09780972 core:FurnitureFittings 2023-09-30 09780972 core:MotorVehicles 2023-09-30 09780972 core:OfficeEquipment 2023-09-30 09780972 core:PlantMachinery 2023-09-30 09780972 1 2023-09-30 09780972 1 2022-10-01 2023-09-30 09780972 1 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 09780972

The Riot Act Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

The Riot Act Limited

Contents

Company Information

1

Balance Sheet

2 to 4

Notes to the Unaudited Financial Statements

5 to 11

 

The Riot Act Limited

Company Information

Directors

D Hobson

E Hobson

Registered office

2 Haven Court
Cookridge
LS16 6SH

 

The Riot Act Limited

(Registration number: 09780972)
Balance Sheet as at 30 September 2024

Note

2024
£

(As restated)

2023
£

Fixed assets

 

Tangible assets

4

21,063

25,749

Current assets

 

Debtors

5

98,209

84,130

Cash at bank and in hand

 

70,573

57,784

 

168,782

141,914

Creditors: Amounts falling due within one year

6

(92,843)

(56,138)

Net current assets

 

75,939

85,776

Net assets

 

97,002

111,525

Capital and reserves

 

Called up share capital

100

100

Retained earnings

96,902

111,425

Shareholders' funds

 

97,002

111,525

 

The Riot Act Limited

(Registration number: 09780972)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

The Riot Act Limited

(Registration number: 09780972)
Balance Sheet as at 30 September 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 February 2025 and signed on its behalf by:
 

.........................................
D Hobson
Director

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
2 Haven Court
Cookridge
LS16 6SH
England

These financial statements were authorised for issue by the Board on 25 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

20% Reducing balance

Fixtures & Fittings

20% Reducing balance

Plant & Machinery

20% Reducing balance

Computer equipment

33.3% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 October 2023

9,852

6,243

8,946

22,268

Additions

507

3,333

531

4,500

Disposals

(7,348)

(4,351)

(6,386)

(6,279)

At 30 September 2024

3,011

5,225

3,091

20,489

Depreciation

At 1 October 2023

5,341

4,114

8,108

3,997

Charge for the year

380

820

595

3,913

Eliminated on disposal

(4,217)

(2,991)

(6,242)

(3,065)

At 30 September 2024

1,504

1,943

2,461

4,845

Carrying amount

At 30 September 2024

1,507

3,282

630

15,644

At 30 September 2023

4,510

2,130

838

18,271

Total
£

Cost or valuation

At 1 October 2023

47,309

Additions

8,871

Disposals

(24,364)

At 30 September 2024

31,816

Depreciation

At 1 October 2023

21,560

Charge for the year

5,708

Eliminated on disposal

(16,515)

At 30 September 2024

10,753

Carrying amount

At 30 September 2024

21,063

At 30 September 2023

25,749

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

33,762

44,165

Prepayments

1,254

810

Other debtors

63,193

39,155

 

98,209

84,130

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

6,668

1,961

Taxation and social security

30,653

43,889

Accruals and deferred income

46,885

2,083

Other creditors

8,637

8,205

92,843

56,138

 

The Riot Act Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Related party transactions

Transactions with directors

2024

At 1 October 2023
£

Advances to director
£

Repayments by director
£

At 30 September 2024
£

This loan is chargeable to interest at 2.25%, is unsecured, has no fixed repayment and is repayable on demand.

39,154

182,847

(159,311)

62,690

 

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

This loan is chargeable to interest at 2.25%, is unsecured, has no fixed repayment and is repayable on demand.

102,319

75,939

(139,104)

39,154