Company Registration No. 13053320 (England and Wales)
Culture Commons Ltd
Unaudited accounts
for the year ended 31 December 2024
Culture Commons Ltd
Unaudited accounts
Contents
Culture Commons Ltd
Company Information
for the year ended 31 December 2024
Directors
Trevor MacFarlane
François-Joseph Schichan
Company Number
13053320 (England and Wales)
Registered Office
Flat 14
Prebend Mansions
Chiswick High Road
London
London
W4 2LU
England
Accountants
Hunter Management Accountancy Limited
2
Russell Avenue
Sale
Greater Manchester
M33 2ET
Culture Commons Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
5,251
4,233
Cash at bank and in hand
87,510
53,288
Creditors: amounts falling due within one year
(59,781)
(65,385)
Net current assets/(liabilities)
27,729
(4,210)
Total assets less current liabilities
32,980
23
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
31,667
22
Shareholders' funds
31,668
23
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by
Trevor MacFarlane
Director
Company Registration No. 13053320
Culture Commons Ltd
Notes to the Accounts
for the year ended 31 December 2024
Culture Commons Ltd is a private company, limited by shares, registered in England and Wales, registration number 13053320. The registered office is Flat 14, Prebend Mansions, Chiswick High Road, London, London, W4 2LU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 year straight line
Computer equipment
4 year straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
143
7,094
7,237
At 31 December 2024
143
10,863
11,006
At 1 January 2024
108
2,896
3,004
Charge for the year
35
2,716
2,751
At 31 December 2024
143
5,612
5,755
At 31 December 2024
-
5,251
5,251
At 31 December 2023
35
4,198
4,233
Amounts falling due within one year
Culture Commons Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,241
2,996
Loans from directors
11,607
21,008
Deferred income
27,933
41,157
7
Average number of employees
During the year the average number of employees was 4 (2023: 2).