Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12035895 2023-07-01 2024-06-30 12035895 2022-07-01 2023-06-30 12035895 2024-06-30 12035895 2023-06-30 12035895 c:Director2 2023-07-01 2024-06-30 12035895 d:CurrentFinancialInstruments 2024-06-30 12035895 d:CurrentFinancialInstruments 2023-06-30 12035895 d:Non-currentFinancialInstruments 2024-06-30 12035895 d:Non-currentFinancialInstruments 2023-06-30 12035895 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12035895 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12035895 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 12035895 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 12035895 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 12035895 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 12035895 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 12035895 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 12035895 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-06-30 12035895 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-06-30 12035895 d:ShareCapital 2024-06-30 12035895 d:ShareCapital 2023-06-30 12035895 d:RetainedEarningsAccumulatedLosses 2024-06-30 12035895 d:RetainedEarningsAccumulatedLosses 2023-06-30 12035895 c:FRS102 2023-07-01 2024-06-30 12035895 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12035895 c:AbridgedAccounts 2023-07-01 2024-06-30 12035895 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12035895









ENTOURAGE PRO LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
ENTOURAGE PRO LTD
REGISTERED NUMBER: 12035895

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
  
22,705
25,948

  
22,705
25,948

Current assets
  

Cash at bank and in hand
  
488
8,800

  
488
8,800

Creditors: amounts falling due within one year
 5 
(17,202)
(16,639)

Net current liabilities
  
 
 
(16,714)
 
 
(7,839)

Total assets less current liabilities
  
5,991
18,109

Creditors: amounts falling due after more than one year
  
(36,833)
(45,000)

Net liabilities
  
(30,842)
(26,891)


Capital and reserves
  

Called up share capital 
  
11,000
11,000

Profit and loss account
  
(41,842)
(37,891)

  
(30,842)
(26,891)


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 year 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 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 1 December 2024.



Page 1

 
ENTOURAGE PRO LTD
REGISTERED NUMBER: 12035895
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


J O Stanbridge
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ENTOURAGE PRO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The company is a private company limited by shares incorporated in England. The company number is 12035895 and the registered office is 22 Abney Road, Heaton Chapel, Stockport, Cheshire SK4 4QW.      The company's principal activity is marketing and research for the music industry.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
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. 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.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
ENTOURAGE PRO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates 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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.

 
2.7

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.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
ENTOURAGE PRO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
488
8,800

488
8,800



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
7,015
5,000

Corporation tax
5,536
7,226

Other taxation and social security
392
2,785

Other creditors
2,934
1,153

Accruals and deferred income
1,325
475

17,202
16,639



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
36,833
45,000

36,833
45,000


The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
2023
£
£


Repayable by instalments
12,783
23,000

12,783
23,000

The loan is repayable by instalments over 8 years and has an interest rate of 2.5% per annum..

Page 5

 
ENTOURAGE PRO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
7,015
5,000


7,015
5,000

Amounts falling due 1-2 years

Bank loans
7,050
5,000


7,050
5,000

Amounts falling due 2-5 years

Bank loans
17,000
17,000


17,000
17,000

Amounts falling due after more than 5 years

Bank loans
12,783
23,000

12,783
23,000

43,848
50,000


 
Page 6