Company registration number 15125685 (England and Wales)
WOZ TOUR LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
WOZ TOUR LTD
CONTENTS
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
WOZ TOUR LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
503,975
1,217,892
Cash at bank and in hand
166,505
261,658
670,480
1,479,550
Creditors: amounts falling due within one year
4
(502,689)
(2,082,510)
Net current assets/(liabilities)
167,791
(602,960)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
167,790
(602,961)
Total equity
167,791
(602,960)
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 22 May 2025
M W Harrison
Director
Company registration number 15125685 (England and Wales)
WOZ TOUR LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 8 September 2023
-
Period ended 31 December 2023:
Loss and total comprehensive income
-
(602,961)
(602,961)
Issue of share capital
1
-
1
Balance at 31 December 2023
1
(602,961)
(602,960)
Year ended 31 December 2024:
Profit and total comprehensive income
-
770,751
770,751
Balance at 31 December 2024
1
167,790
167,791
WOZ TOUR LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information
Woz Tour Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 187 Drury Lane, London, WC2B 5QD.
1.1
Reporting period
The company previously shortened its financial reporting period from 30 September 2024 to 31 December 2023 and as a consequence the comparative period shown in the financial statements presents 4 months' activity .
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received for box office, merchandising and associated income and is shown net of VAT and other sales related taxes.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Basic financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any loss arising from impairment are recognised in the profit and loss account in other
administrative expenses.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7
Taxation
The tax expense/credit represents the sum of the tax currently payable/receivable and any provision for deferred tax.
Current tax
The tax currently recoverable is based on taxable profits/losses for the year and the company's claim to relief under the Theatre Tax Relief provisions. Taxable profit/loss differs from net profit/loss as reported in the income statement because it excludes items that are never taxable or deductible.
WOZ TOUR LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.8
Employee benefits
The costs of short-term employee and workers' benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the services are received. This includes cast and crew who are not engaged under contracts of employment, however Equity-approved contracts are used.
1.9
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
10
5
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
9,870
129,179
Corporation tax recoverable
432,753
622,000
Other debtors
61,352
466,713
503,975
1,217,892
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
444,355
Taxation and social security
12,361
Other creditors
502,689
1,625,794
502,689
2,082,510