Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity22falsetruefalse 3402272 2023-04-01 2024-03-31 3402272 2022-04-01 2023-03-31 3402272 2024-03-31 3402272 2023-03-31 3402272 c:Director2 2023-04-01 2024-03-31 3402272 d:CurrentFinancialInstruments 2024-03-31 3402272 d:CurrentFinancialInstruments 2023-03-31 3402272 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 3402272 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 3402272 d:ShareCapital 2024-03-31 3402272 d:ShareCapital 2023-03-31 3402272 d:SharePremium 2024-03-31 3402272 d:SharePremium 2023-03-31 3402272 d:RetainedEarningsAccumulatedLosses 2024-03-31 3402272 d:RetainedEarningsAccumulatedLosses 2023-03-31 3402272 c:OrdinaryShareClass1 2023-04-01 2024-03-31 3402272 c:OrdinaryShareClass1 2024-03-31 3402272 c:OrdinaryShareClass1 2023-03-31 3402272 c:OrdinaryShareClass2 2023-04-01 2024-03-31 3402272 c:OrdinaryShareClass2 2024-03-31 3402272 c:OrdinaryShareClass2 2023-03-31 3402272 c:OrdinaryShareClass3 2023-04-01 2024-03-31 3402272 c:OrdinaryShareClass3 2024-03-31 3402272 c:OrdinaryShareClass3 2023-03-31 3402272 c:FRS102 2023-04-01 2024-03-31 3402272 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 3402272 c:FullAccounts 2023-04-01 2024-03-31 3402272 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 3402272 d:Subsidiary1 2023-04-01 2024-03-31 3402272 d:Subsidiary1 1 2023-04-01 2024-03-31 3402272 6 2023-04-01 2024-03-31 3402272 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 3402272













TURNSTART LIMITED
UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024


 
TURNSTART LIMITED
REGISTERED NUMBER:3402272


BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
135
135

  
135
135

Current assets
  

Debtors: amounts falling due within one year
 5 
417,855
435,195

Cash at bank and in hand
  
152,969
24,104

  
570,824
459,299

Creditors: amounts falling due within one year
 6 
(248,810)
(216,663)

Net current assets
  
 
 
322,014
 
 
242,636

Total assets less current liabilities
  
322,149
242,771

  

Net assets
  
322,149
242,771


Capital and reserves
  

Called up share capital 
 7 
11,986
11,986

Share premium account
  
60,801
60,801

Profit and loss account
  
249,362
169,984

  
322,149
242,771


Page 1


 
TURNSTART LIMITED
REGISTERED NUMBER:3402272

    
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 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 27 March 2025.





G J Rankin
Director


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

Page 2


 
TURNSTART LIMITED
 

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

1.


General information

Turnstart Limited is incorporated and domiciled in England and Wales.  The registered office and business address is Suite 51, The Business Centre, Ingate Place, London, SW8 3NS.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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 period 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 resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Revenue

Revenue comprises income recognised by the company in respect of publishing and advertising services supplied during the year, exclusive of Value Added Tax and trade discounts. Subscriptions income is matched to the magazine issue it relates to, with any income received in advance being carried forward on the balance sheet as deferred income to match with future issues.

Page 3


 
TURNSTART LIMITED
 

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

2.Accounting policies (continued)

 
2.4

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.


 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

  
2.6

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


 
TURNSTART LIMITED
 

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

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
135



At 31 March 2024
135





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Food and Travel Germany Limited
England & Wales
Ordinary
90%

Page 5


 
TURNSTART LIMITED
 

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

5.


Debtors

2024
2023
£
£


Trade debtors
(1,902)
430

Other debtors
419,757
434,765

417,855
435,195



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
-
55

Amounts owed to group undertakings
231,150
202,995

Corporation tax
6,696
-

Other creditors
8,334
8,333

Accruals and deferred income
2,630
5,280

248,810
216,663



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5,394 (2023 - 5,394) Ordinary Class A shares of £1.00 each
5,394
5,394
5,394 (2023 - 5,394) Ordinary Class B shares of £1.00 each
5,394
5,394
1,198 (2023 - 1,198) Ordinary Class C shares of £1.00 each
1,198
1,198

11,986

11,986


 
Page 6