Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30true12023-05-011falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14019319 2023-05-01 2024-04-30 14019319 2022-05-01 2023-04-30 14019319 2024-04-30 14019319 2023-04-30 14019319 c:Director1 2023-05-01 2024-04-30 14019319 d:CurrentFinancialInstruments 2024-04-30 14019319 d:CurrentFinancialInstruments 2023-04-30 14019319 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14019319 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14019319 d:ShareCapital 2024-04-30 14019319 d:ShareCapital 2023-04-30 14019319 d:RetainedEarningsAccumulatedLosses 2024-04-30 14019319 d:RetainedEarningsAccumulatedLosses 2023-04-30 14019319 c:OrdinaryShareClass1 2023-05-01 2024-04-30 14019319 c:OrdinaryShareClass1 2024-04-30 14019319 c:OrdinaryShareClass1 2023-04-30 14019319 c:FRS102 2023-05-01 2024-04-30 14019319 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14019319 c:FullAccounts 2023-05-01 2024-04-30 14019319 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14019319 6 2023-05-01 2024-04-30 14019319 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14019319














RUSTIC CANYON LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
RUSTIC CANYON LIMITED
REGISTERED NUMBER:14019319

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
-
369

  
-
369

Creditors: amounts falling due within one year
 6 
(3,735)
(1,986)

Net current liabilities
  
 
 
(3,735)
 
 
(1,617)

Total assets less current liabilities
  
(3,635)
(1,517)

  

Net liabilities
  
(3,635)
(1,517)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(3,735)
(1,617)

  
(3,635)
(1,517)


Page 1

 
RUSTIC CANYON LIMITED
REGISTERED NUMBER:14019319
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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: 




B Earl
Director

Date: 28 April 2025

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

Page 2

 
RUSTIC CANYON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Rustic Canyon Limited is a private company, limited by shares, registered in England and Wales, registration number 14019319. 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 artistic creation.

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

 
2.2

Going concern

On the basis of information and enquiries that are pertinent to the company's circumstances and which the director believes to be adequate, it is appropirate to continue to treat the company as a going concern. In particular the director believes that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.

 
2.3

Taxation

Corporation 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.


 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

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

 
2.6

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.

Page 3

 
RUSTIC CANYON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

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


3.


Employees


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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 May 2023
100



At 30 April 2024
100





5.


Debtors

2024
2023
£
£


Prepayments
-
369



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Amounts owed to connected entities
393
393

Other creditors
453
453

Accruals
2,889
1,140

3,735
1,986


Page 4

 
RUSTIC CANYON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Share capital

 2024
   2023
£
£
Allotted, called up and fully paid



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



8.


Transactions with the director

During the year, the director advanced £NIL (period ended 30 April 2023 - £453) to the company. At the year end, the company owed £453 (period ended 30 April 2023 - £453) to the director. The loan is unsecured, interest free and repayable on demand.
No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.

 
Page 5