Company Registration No. 12576436 (England and Wales)
Inrehearsal Group Limited
Unaudited accounts
for the period from 1 May 2023 to 31 May 2024
Inrehearsal Group Limited
Unaudited accounts
Contents
Inrehearsal Group Limited
Company Information
for the period from 1 May 2023 to 31 May 2024
Directors
Ben Gallacher
Rhys Colin Patrick Little
Company Number
12576436 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
UK
Inrehearsal Group Limited
Statement of financial position
as at 31 May 2024
Creditors: amounts falling due within one year
(354,816)
-
Net current assets
609,320
9,320
Called up share capital
2
2
Profit and loss account
609,321
9,321
Shareholders' funds
609,323
9,323
For the period ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
Ben Gallacher
Director
Company Registration No. 12576436
Inrehearsal Group Limited
Notes to the Accounts
for the period from 1 May 2023 to 31 May 2024
Inrehearsal Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12576436. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
In the opinion of the directors, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.
Investments in subsidiaries are measured at cost less accumulated impairment.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company's investments. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
4
Investments
Subsidiary undertakings
Valuation at 31 May 2024
3
Amounts falling due within one year
Amounts due from group undertakings etc.
-
9,320
Inrehearsal Group Limited
Notes to the Accounts
for the period from 1 May 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
352,021
-
Loans from directors
2,795
-
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the period the average number of employees was 2 (2023: 2).