Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueThe principal activity of the company continued to be that of performing arts.2023-04-01false33falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01613475 2023-04-01 2024-03-31 01613475 2022-04-01 2023-03-31 01613475 2024-03-31 01613475 2023-03-31 01613475 c:Director1 2023-04-01 2024-03-31 01613475 d:PlantMachinery 2023-04-01 2024-03-31 01613475 d:PlantMachinery 2024-03-31 01613475 d:PlantMachinery 2023-03-31 01613475 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01613475 d:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 01613475 d:PatentsTrademarksLicencesConcessionsSimilar 2023-03-31 01613475 d:CurrentFinancialInstruments 2024-03-31 01613475 d:CurrentFinancialInstruments 2023-03-31 01613475 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01613475 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01613475 d:ShareCapital 2024-03-31 01613475 d:ShareCapital 2023-03-31 01613475 d:SharePremium 2024-03-31 01613475 d:SharePremium 2023-03-31 01613475 d:RetainedEarningsAccumulatedLosses 2024-03-31 01613475 d:RetainedEarningsAccumulatedLosses 2023-03-31 01613475 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 01613475 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 01613475 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 01613475 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 01613475 c:OrdinaryShareClass1 2023-04-01 2024-03-31 01613475 c:OrdinaryShareClass1 2024-03-31 01613475 c:OrdinaryShareClass1 2023-03-31 01613475 c:FRS102 2023-04-01 2024-03-31 01613475 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01613475 c:FullAccounts 2023-04-01 2024-03-31 01613475 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01613475 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 01613475 2 2023-04-01 2024-03-31 01613475 6 2023-04-01 2024-03-31 01613475 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-04-01 2024-03-31 01613475 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 01613475














CLASSICBERRY LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
CLASSICBERRY LIMITED
REGISTERED NUMBER:01613475

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
267,059
-

Tangible assets
 5 
2,428
5,587

Investments
 6 
100
100

  
269,587
5,687

Current assets
  

Debtors: amounts falling due within one year
 7 
2,441,493
2,651,640

Cash at bank
 8 
8,238,551
10,925,109

  
10,680,044
13,576,749

Creditors: amounts falling due within one year
 9 
(3,220,355)
(652,511)

Net current assets
  
 
 
7,459,689
 
 
12,924,238

Total assets less current liabilities
  
7,729,276
12,929,925

  

Net assets
  
7,729,276
12,929,925


Capital and reserves
  

Called up share capital 
 11 
100
100

Share premium account
  
104,361
104,361

Profit and loss account
  
7,624,815
12,825,464

  
7,729,276
12,929,925


Page 1

 
CLASSICBERRY LIMITED
REGISTERED NUMBER:01613475
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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: 




J P Page
Director

Date: 20 March 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Classicberry Limited is a private company, limited by shares, registered in England and Wales, registration number 01613475. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of performing arts. 

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

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small - sized group. The company has therefore taken advantage of the exemption provided by section 399 of the Companies Act 2006 not to prepare group accounts.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from performing arts is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Royalties receivable are recognised at the year end date by the company.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.

 
2.4

Interest income

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

Page 3

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 corporation 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

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.

Page 4

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

 Debtors

Short-term debtors are measured at transaction price, less any impairment. 
 
 
2.11

 Cash

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.

 
2.12

  Creditors

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

 
2.13

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities such as trade and other debtors, trade and other creditors, and
loans with related parties.

 
2.14

 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 3 (2023 - 3).
Page 5

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Patents

£



Cost


At 1 April 2023
20,948


Additions
296,732



At 31 March 2024

317,680



Amortisation


At 1 April 2023
20,948


Charge for the year
29,673



At 31 March 2024

50,621



Net book value



At 31 March 2024
267,059



At 31 March 2023
-




5.


Tangible fixed assets





Plant and machinery

£



Cost 


At 1 April 2023
214,308



At 31 March 2024

214,308



Depreciation


At 1 April 2023
208,721


Charge for the year
3,159



At 31 March 2024

211,880



Net book value



At 31 March 2024
2,428



At 31 March 2023
5,587

Page 6

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Fixed asset investments





Investments in a subsidiary company

£



Cost 


At 1 April 2023
100



At 31 March 2024
100





7.


Debtors

2024
2023
£
£


Trade debtors
238,322
1,231,241

Amounts owed by connected companies
1,034,285
910,707

Other debtors
283
-

Prepayments and accrued income
1,167,862
509,472

Tax recoverable
186
-

Deferred taxation
555
220

2,441,493
2,651,640


In the prior year, an amount of £509,472 was classified as trade debtors, this has been re-classified as prepayments and accrued income.


8.


Cash

2024
2023
£
£

Cash at bank
8,238,551
10,925,109


Page 7

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
78,790
27,990

Corporation tax
-
276,661

Other taxation and social security
61,432
292,641

Other creditors
2,992,666
13,808

Accruals and deferred income
87,467
41,411

3,220,355
652,511



10.


Deferred taxation




2024


£






At beginning of year
220


Charged to profit or loss
335



At end of year
555

The deferred tax asset is made up as follows:

2024
2023
£
£


Fixed asset timing differences
607
220

Short term timing differences
(52)
-

555
220


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) ordinary shares of £1.00 each
100
100

12.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company  in an independently administered fund. The pension cost charge represents contributions payable by the company  to the fund and amounted to £3,113 (2023 - £2,883). Contributions totalling £485 (2023 - £NIL) were payable to the fund at the balance sheet date and are included in creditors.

Page 8

 
CLASSICBERRY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.


Transactions with the director

At the year end, the company owed a director £2,991,540 (2023 - £13,542), which is unsecured and repayable on demand.

Interest at an official rate has been charged as applicable on any director’s loan.

During the year, a dividend of £6,750,000 (2023 - £NIL) was paid to the director. 


14.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.
 
Page 9