Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31false2023-11-01The principal activity of the company continued to be that of sound recording and music publishing.11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07409112 2023-11-01 2024-10-31 07409112 2022-11-01 2023-10-31 07409112 2024-10-31 07409112 2023-10-31 07409112 c:Director1 2023-11-01 2024-10-31 07409112 d:CurrentFinancialInstruments 2024-10-31 07409112 d:CurrentFinancialInstruments 2023-10-31 07409112 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 07409112 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07409112 d:ShareCapital 2024-10-31 07409112 d:ShareCapital 2023-10-31 07409112 d:RetainedEarningsAccumulatedLosses 2024-10-31 07409112 d:RetainedEarningsAccumulatedLosses 2023-10-31 07409112 c:OrdinaryShareClass1 2023-11-01 2024-10-31 07409112 c:OrdinaryShareClass1 2024-10-31 07409112 c:OrdinaryShareClass1 2023-10-31 07409112 c:FRS102 2023-11-01 2024-10-31 07409112 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07409112 c:FullAccounts 2023-11-01 2024-10-31 07409112 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07409112 2 2023-11-01 2024-10-31 07409112 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 07409112














ANSCENIC LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
ANSCENIC LTD
REGISTERED NUMBER:07409112

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
25,956
18,769

Cash at bank and in hand
 5 
1,606,628
1,581,425

  
1,632,584
1,600,194

Creditors: amounts falling due within one year
 6 
(85,865)
(122,304)

Net current assets
  
 
 
1,546,719
 
 
1,477,890

Total assets less current liabilities
  
1,546,719
1,477,890

  

Net assets
  
1,546,719
1,477,890


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
1,546,718
1,477,889

  
1,546,719
1,477,890


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.

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 by: 




R Swire-Thompson
Director

Date: 16 July 2025

Page 1

 
ANSCENIC LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Anscenic Ltd is a private company, limited by shares, registered in England and Wales, registration number 07409112. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of sound recording and music publishing.

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 Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss statement.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from sound recording and music publishing are recognised when it is probable the company will receive the right to the consideration due under the contract.
Royalties receivable are recognised at the year end date by the company.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
ANSCENIC LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Current taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.6

Debtors

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

 
2.7

Cash

Cash is represented by cash 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. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Trade debtors
4,356
8,531

Other debtors
281
4,031

Prepayments and accrued income
21,319
6,207

25,956
18,769


Page 3

 
ANSCENIC LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Cash

2024
2023
£
£

Cash at bank and in hand
1,606,628
1,581,425



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
22,668
4,395

Corporation tax
19,851
44,644

Other taxation and social security
755
637

Other creditors
17,405
22,375

Accruals and deferred income
25,186
50,253

85,865
122,304



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) ordinary share of £1.00
1
1



8.


Transactions with the director

At the year end, the company owed £11,914 to the director (2023 - the director owed £3,750 to the company). The loan is unsecured, interest free and repayable on demand.
 
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