Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30No description of principal activity2023-12-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 5612866 2023-12-01 2024-11-30 5612866 2022-12-01 2023-11-30 5612866 2024-11-30 5612866 2023-11-30 5612866 c:Director2 2023-12-01 2024-11-30 5612866 d:PlantMachinery 2023-12-01 2024-11-30 5612866 d:PlantMachinery 2024-11-30 5612866 d:PlantMachinery 2023-11-30 5612866 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 5612866 d:OfficeEquipment 2023-12-01 2024-11-30 5612866 d:OfficeEquipment 2024-11-30 5612866 d:OfficeEquipment 2023-11-30 5612866 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 5612866 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 5612866 d:CurrentFinancialInstruments 2024-11-30 5612866 d:CurrentFinancialInstruments 2023-11-30 5612866 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 5612866 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 5612866 d:ShareCapital 2024-11-30 5612866 d:ShareCapital 2023-11-30 5612866 d:RetainedEarningsAccumulatedLosses 2024-11-30 5612866 d:RetainedEarningsAccumulatedLosses 2023-11-30 5612866 c:OrdinaryShareClass1 2023-12-01 2024-11-30 5612866 c:OrdinaryShareClass1 2024-11-30 5612866 c:OrdinaryShareClass1 2023-11-30 5612866 c:FRS102 2023-12-01 2024-11-30 5612866 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 5612866 c:FullAccounts 2023-12-01 2024-11-30 5612866 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 5612866 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 5612866










THE MARKET THEATRE COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
THE MARKET THEATRE COMPANY LIMITED
REGISTERED NUMBER: 5612866

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
232
361

  
232
361

Current assets
  

Cash at bank and in hand
  
17,190
13,391

  
17,190
13,391

Creditors: amounts falling due within one year
 5 
(7,291)
(11,381)

Net current assets
  
 
 
9,899
 
 
2,010

Total assets less current liabilities
  
10,131
2,371

  

Net assets
  
10,131
2,371


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
10,129
2,369

  
10,131
2,371

Page 1

 
THE MARKET THEATRE COMPANY LIMITED
REGISTERED NUMBER: 5612866
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider 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 directors acknowledge their 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 statement of income and retained earnings 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 14 August 2025.




................................................
K R S Foster
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
THE MARKET THEATRE COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 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 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.

The presentational currency of the Company is GBP.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
1.4

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
1.5

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.

Page 3

 
THE MARKET THEATRE COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.Accounting policies (continued)


1.5
Tangible fixed assets (continued)

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:

Plant & machinery
-
25%
reducing balance
Office equipment
-
33%
reducing balance

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.

 
1.6

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.

 
1.7

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.

 
1.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

The Market Theatre Company Limited is a private company, limited by shares and incorporated in England and Wales.
Its registered number is: 5612866
The address of its registered office is: 
Invision House
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

Page 4

 
THE MARKET THEATRE COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Plant & machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
1,661
20,793
22,454


Disposals
(1,661)
(15,935)
(17,596)



At 30 November 2024

-
4,858
4,858



Depreciation


At 1 December 2023
1,661
20,432
22,093


Charge for the year on owned assets
-
116
116


Disposals
(1,661)
(15,922)
(17,583)



At 30 November 2024

-
4,626
4,626



Net book value



At 30 November 2024
-
232
232



At 30 November 2023
-
361
361


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
420
1,052

Corporation tax
2,085
6,457

Other creditors
1,906
992

Accruals and deferred income
2,880
2,880

7,291
11,381



6.


Share capital

2024
2023
£
£
Page 5

 
THE MARKET THEATRE COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.Share capital (continued)

Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


 
Page 6