Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-31true2023-09-01No description of principal activity00falsetruefalse 11518822 2023-09-01 2024-08-31 11518822 2022-09-01 2023-08-31 11518822 2024-08-31 11518822 2023-08-31 11518822 c:Director1 2023-09-01 2024-08-31 11518822 d:OfficeEquipment 2023-09-01 2024-08-31 11518822 d:OfficeEquipment 2024-08-31 11518822 d:OfficeEquipment 2023-08-31 11518822 d:CurrentFinancialInstruments 2024-08-31 11518822 d:CurrentFinancialInstruments 2023-08-31 11518822 d:Non-currentFinancialInstruments 2024-08-31 11518822 d:Non-currentFinancialInstruments 2023-08-31 11518822 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11518822 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11518822 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 11518822 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 11518822 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 11518822 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 11518822 d:ShareCapital 2024-08-31 11518822 d:ShareCapital 2023-08-31 11518822 d:RetainedEarningsAccumulatedLosses 2024-08-31 11518822 d:RetainedEarningsAccumulatedLosses 2023-08-31 11518822 c:EntityNoLongerTradingButTradedInPast 2023-09-01 2024-08-31 11518822 c:FRS102 2023-09-01 2024-08-31 11518822 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11518822 c:FullAccounts 2023-09-01 2024-08-31 11518822 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11518822 6 2023-09-01 2024-08-31 11518822 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 11518822









CREAM SODA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
CREAM SODA LTD
REGISTERED NUMBER: 11518822

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
900
900

Investments
 4 
10,506
10,506

  
11,406
11,406

Current assets
  

Cash at bank and in hand
 5 
1
20

  
1
20

Creditors: amounts falling due within one year
 6 
(10,431)
(10,450)

Net current liabilities
  
 
 
(10,430)
 
 
(10,430)

Total assets less current liabilities
  
976
976

Creditors: amounts falling due after more than one year
 7 
(25,813)
(25,813)

  

Net liabilities
  
(24,837)
(24,837)


Capital and reserves
  

Called up share capital 
  
5
5

Profit and loss account
  
(24,842)
(24,842)

  
(24,837)
(24,837)


For the year ended 31 August 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 his 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 on
Page 1

 
CREAM SODA LTD
REGISTERED NUMBER: 11518822
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

31 May 2025.

Adeleke Ogundokun
Director

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

Page 2

 
CREAM SODA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of film and music production.

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.

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
CREAM SODA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2023
900



At 31 August 2024

900






Net book value



At 31 August 2024
900



At 31 August 2023
900

Page 4

 
CREAM SODA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Fixed asset investments





Investments

£



Cost or valuation


At 1 September 2023
10,506



At 31 August 2024
10,506





5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1
20

1
20



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
8,000
8,000

Other creditors
1,931
1,950

Accruals and deferred income
500
500

10,431
10,450



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
25,813
25,813

25,813
25,813


Page 5

 
CREAM SODA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
8,000
8,000


8,000
8,000


Amounts falling due 2-5 years

Bank loans
25,813
25,813


25,813
25,813


33,813
33,813


 
Page 6