Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31falsetruetrue1Performing Arts2023-08-011falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14215389 2023-08-01 2024-07-31 14215389 2022-08-01 2023-07-31 14215389 2024-07-31 14215389 2023-07-31 14215389 c:Director1 2023-08-01 2024-07-31 14215389 d:CurrentFinancialInstruments 2024-07-31 14215389 d:CurrentFinancialInstruments 2023-07-31 14215389 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 14215389 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14215389 d:RetainedEarningsAccumulatedLosses 2024-07-31 14215389 d:RetainedEarningsAccumulatedLosses 2023-07-31 14215389 c:FRS102 2023-08-01 2024-07-31 14215389 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14215389 c:FullAccounts 2023-08-01 2024-07-31 14215389 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14215389 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 14215389









THE PERFORMANCE PLATFORM COMPETITION







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
THE PERFORMANCE PLATFORM COMPETITION
REGISTERED NUMBER: 14215389

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
13,153
10,732

Cash at bank and in hand
 5 
9,365
17,235

  
22,518
27,967

Creditors: amounts falling due within one year
 6 
(38,391)
(52,177)

Net current liabilities
  
 
 
(15,873)
 
 
(24,210)

Total assets less current liabilities
  
(15,873)
(24,210)

  

Net liabilities
  
(15,873)
(24,210)


Capital and reserves
  

Profit and loss account
  
(15,873)
(24,210)

  
(15,873)
(24,210)


Page 1

 
THE PERFORMANCE PLATFORM COMPETITION
REGISTERED NUMBER: 14215389
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

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 her 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 by: 




E J Stone
Director

Date: 11 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
THE PERFORMANCE PLATFORM COMPETITION
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The Performance Platform Competition is a private company limited by guarantee incorporated in England and Wales. The registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, England, DA2 6QA.
The principal activity of the company is the organisation and running of ballet competitions.

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

Going concern

The company is considered to be a going concern on the basis that the director is expected to continue to support the company, via directors' loan and associated company to meet its day-to-day working capital requirements, for the foreseeable future.

 
2.3

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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
THE PERFORMANCE PLATFORM COMPETITION
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

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, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
THE PERFORMANCE PLATFORM COMPETITION
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Debtors

2024
2023
£
£


Prepayments and accrued income
13,153
10,732

13,153
10,732



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
9,365
17,235

9,365
17,235



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
25,988
31,501

Accruals and deferred income
12,403
20,676

38,391
52,177



7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


8.


Related party transactions

Included within other creditors due within one year is an amount of £1,144 (2023 - £2,410) due to the director of the company.
Included within other creditors due within one year is an amount of £24,844 
(2023 - £29,091) due to a company under common control.

 
Page 5