Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrueNo description of principal activityfalse2024-04-0151true 12267216 2024-04-01 2024-10-31 12267216 2023-04-01 2024-03-31 12267216 2024-10-31 12267216 2024-03-31 12267216 c:Director1 2024-04-01 2024-10-31 12267216 d:CurrentFinancialInstruments 2024-10-31 12267216 d:CurrentFinancialInstruments 2024-03-31 12267216 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 12267216 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12267216 d:ShareCapital 2024-10-31 12267216 d:ShareCapital 2024-03-31 12267216 d:RetainedEarningsAccumulatedLosses 2024-10-31 12267216 d:RetainedEarningsAccumulatedLosses 2024-03-31 12267216 c:FRS102 2024-04-01 2024-10-31 12267216 c:AuditExempt-NoAccountantsReport 2024-04-01 2024-10-31 12267216 c:FullAccounts 2024-04-01 2024-10-31 12267216 c:PrivateLimitedCompanyLtd 2024-04-01 2024-10-31 12267216 e:PoundSterling 2024-04-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 12267216









DOLLY LEVI LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
DOLLY LEVI LTD
REGISTERED NUMBER: 12267216

BALANCE SHEET
AS AT 31 OCTOBER 2024

31 October
31 March
2024
2024
Note
£
£

  

Current assets
  

Stocks
  
-
799,060

Debtors: amounts falling due within one year
 4 
1,609,022
572,836

Cash at bank and in hand
 5 
1,163,988
924,616

  
2,773,010
2,296,512

Creditors: amounts falling due within one year
 6 
(2,773,008)
(2,304,976)

Net current assets/(liabilities)
  
 
 
2
 
 
(8,464)

Total assets less current liabilities
  
2
(8,464)

  

Net assets/(liabilities)
  
2
(8,464)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
-
(8,466)

  
2
(8,464)


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 period 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 income and retained earnings 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 29 April 2025.




M Harrison
Page 1

 
DOLLY LEVI LTD
REGISTERED NUMBER: 12267216
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

Director

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

Page 2

 
DOLLY LEVI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

Dolly Levi Ltd is a private company limited by shares and registered in England & Wales.  The address of its registered office and principle place of business is 2nd Floor, 45 Monmouth Street, London, WC2H 9DG.

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 meets its day to day working capital requirements through the utilisation of its own funds and recoupable but not returnable funding from theatrical production angel investors.
In view of the terms of the funding, at the time of approving these financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next 12 months.  The directors therefore consider it appropriate to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises the company's share, as producer, of admission receipts after the theatre has deducted relevant commissions and banking charges. Revenue is recognised in the period to which the attendance occurs.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
The company is eligible to claim a tax credit on theatre production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.5

Stocks

Stocks comprise theatre production costs, which are recorded as a current asset. Theatre production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the company.

 
2.6

Debtors

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

Page 3

 
DOLLY LEVI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
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.

 
2.8

Creditors

Short term creditors are measured at the transaction price, less any impairment.

 
2.9

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 and loans from third parties.
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 third parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 51 (2024 - 2).


4.


Debtors

31 October
31 March
2024
2024
£
£


Trade debtors
11,209
-

Other debtors
1,597,813
507,211

Prepayments
-
65,625

1,609,022
572,836



5.


Cash and cash equivalents

31 October
31 March
2024
2024
£
£

Cash at bank and in hand
1,163,988
924,616

1,163,988
924,616


Page 4

 
DOLLY LEVI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

31 October
31 March
2024
2024
£
£

Trade creditors
272,047
263,547

Other taxation and social security
620,688
-

Other creditors
1,842,245
2,034,544

Accruals
38,028
6,885

2,773,008
2,304,976



7.


Related party transactions

Cost of sales include production fees, royalties and costs of £268,814 (31 March 2024: £107,271) payable to companies in which the directors have an interest. At the reporting date, creditors include £90,345 (31 March 2024: £471,686) due to these companies.

 
Page 5