Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03485303 2024-01-01 2024-12-31 03485303 2023-01-01 2023-12-31 03485303 2024-12-31 03485303 2023-12-31 03485303 c:Director1 2024-01-01 2024-12-31 03485303 d:Buildings 2024-12-31 03485303 d:Buildings 2023-12-31 03485303 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03485303 d:PlantMachinery 2024-12-31 03485303 d:PlantMachinery 2023-12-31 03485303 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03485303 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03485303 d:CurrentFinancialInstruments 2024-12-31 03485303 d:CurrentFinancialInstruments 2023-12-31 03485303 d:UKTax 2024-01-01 2024-12-31 03485303 d:UKTax 2023-01-01 2023-12-31 03485303 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03485303 c:FullAccounts 2024-01-01 2024-12-31 03485303 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03485303 c:Micro-entities 2024-01-01 2024-12-31 03485303 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 03485303









FESTIVAL ONLINE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
FESTIVAL ONLINE LIMITED
REGISTERED NUMBER: 03485303

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
£
£


Fixed assets
627,643
629,770

Current assets
1,389,920
1,395,477

Creditors: amounts falling due within one year
(478,106)
(483,518)

Net current assets
 
 
911,814
 
 
911,959

Total assets less current liabilities
1,539,457
1,541,729


Net assets
1,539,457
1,541,729



Capital and reserves
1,539,457
1,541,729


Notes


General information

Festival Online Limited is a private company, limited by shares, incorporated in England and Wales. The address of the company's registered office is 11 Old Steine, Brighton, BN1 1EJ. 


Average number of employees

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

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 his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
 
Page 1

 
FESTIVAL ONLINE LIMITED
REGISTERED NUMBER: 03485303
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024


The financial statements have been delivered in accordance with the 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: 



D A J Nathan
Director

Date: 20 June 2025

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

Page 2

 
FESTIVAL ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies

 
1.1

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.


2.


Taxation


2024
2023
£
£



Payment to subsidiary for group relief
71,282
59,890


71,282
59,890


Total current tax
71,282
59,890

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of  19.00% (2023 - 19.00%).


Page 3

 
FESTIVAL ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2024
667,230
1,709
668,939



At 31 December 2024

667,230
1,709
668,939



Depreciation


At 1 January 2024
39,100
71
39,171


Charge for the year on owned assets
1,700
427
2,127



At 31 December 2024

40,800
498
41,298



Net book value



At 31 December 2024
626,430
1,211
627,641



At 31 December 2023
628,130
1,638
629,768

Page 4

 
FESTIVAL ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£


Trade debtors
2,991
1,595

Amounts owed by subsidiary
1,374,402
1,362,184

Prepayments and accrued income
1,675
1,820

1,379,068
1,365,599


The amount due from the subsidiary undertaking is significant to the company, but reflects the group's investment in that subsidiary. The director considers each year whether the amount is recoverable, and has concluded that there is sufficient prospect for the business undertaken by it that it would be inappropriate to impair its value as at the balance sheet date.


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
10,853
29,878

10,853
29,878



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,705
9,117

Other creditors
469,401
474,401

478,106
483,518


 
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