Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2024-06-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08457210 2024-06-01 2024-12-31 08457210 2023-04-01 2024-05-31 08457210 2024-12-31 08457210 2024-05-31 08457210 c:Director1 2024-06-01 2024-12-31 08457210 d:CurrentFinancialInstruments 2024-12-31 08457210 d:CurrentFinancialInstruments 2024-05-31 08457210 d:Non-currentFinancialInstruments 2024-12-31 08457210 d:Non-currentFinancialInstruments 2024-05-31 08457210 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08457210 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 08457210 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 08457210 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 08457210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 08457210 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 08457210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 08457210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 08457210 d:ShareCapital 2024-12-31 08457210 d:ShareCapital 2024-05-31 08457210 d:RetainedEarningsAccumulatedLosses 2024-12-31 08457210 d:RetainedEarningsAccumulatedLosses 2024-05-31 08457210 c:FRS102 2024-06-01 2024-12-31 08457210 c:AuditExemptWithAccountantsReport 2024-06-01 2024-12-31 08457210 c:FullAccounts 2024-06-01 2024-12-31 08457210 c:PrivateLimitedCompanyLtd 2024-06-01 2024-12-31 08457210 e:PoundSterling 2024-06-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 08457210









CHARING CROSS THEATRE PRODUCTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CHARING CROSS THEATRE PRODUCTIONS LIMITED
FOR THE PERIOD ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Charing Cross Theatre Productions Limited for the period ended 31 December 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Director of Charing Cross Theatre Productions Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Charing Cross Theatre Productions Limited and state those matters that we have agreed to state to the Director of Charing Cross Theatre Productions Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Charing Cross Theatre Productions Limited and its Director for our work or for this report. 

It is your duty to ensure that Charing Cross Theatre Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Charing Cross Theatre Productions Limited. You consider that Charing Cross Theatre Productions Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Charing Cross Theatre Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Nyman Libson Paul LLP
 
Chartered Accountants
  
Regina House
124 Finchley Road
London
NW3 5JS
17 February 2025
Page 1

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
REGISTERED NUMBER: 08457210

BALANCE SHEET
AS AT 31 DECEMBER 2024

31 December
31 May
2024
2024
Note
£
£

  

Current assets
  

Production costs
  
7,135
-

Debtors: amounts falling due within one year
 4 
62,407
237,557

Cash at bank and in hand
  
20,216
3

  
89,758
237,560

Creditors: amounts falling due within one year
 5 
(469,926)
(436,190)

Net current liabilities
  
 
 
(380,168)
 
 
(198,630)

Total assets less current liabilities
  
(380,168)
(198,630)

Creditors: amounts falling due after more than one year
 6 
(5,000)
(12,500)

  

Net liabilities
  
(385,168)
(211,130)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(385,170)
(211,132)

  
(385,168)
(211,130)


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 period 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 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 17 February 2025.




Page 2

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
REGISTERED NUMBER: 08457210
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

S M Levy
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Charing Cross Theatre Productions Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is The Charing Cross Theatre, The Arches, Villiers Street, London WC2N 6NL.

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day to day working capital requirements through its own resources and third party angel investor loans which have provided funds specifically to invest in theatrical productions.
The director has prepared forecasts and cash flow projections based on a number of potential scenarios. These, together with the reserves and cash held, indicate that the company has adequate resources to continue in operational existence for the foreseeable future. Further financial support has been received by way of a bounce back loan and job retention scheme grants. It is, however, difficult to determine the assumptions that will prove to be the most appropriate therefore there is an element of uncertainty existing.
After reviewing the forecasts and projections, at the time of approving these financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the next twelve months. The director therefore considers it appropriate to continue to adopt the going concern basis in preparing the company's financial statements.

 
2.3

Revenue

Revenue comprises of box office sales, net of commissions and banking charges and is exclusive of VAT. Revenue is recognised in the period to which the attendance occurs.

 
2.4

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.

 
2.5

Borrowing costs

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

Page 4

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.

 
2.7

Production costs

Production costs are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

 
2.8

Debtors

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

 
2.9

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. 

 
2.10

Creditors

Short term creditors are measured at the transaction price. 


3.


Employees




The average monthly number of employees, including directors, during the period was 1 (2024 - 1).

Page 5

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Debtors

31 December
31 May
2024
2024
£
£


Trade debtors
-
27,285

Other debtors
62,407
210,272

62,407
237,557



5.


Creditors: Amounts falling due within one year

31 December
31 May
2024
2024
£
£

Bank overdrafts
120
-

Bank loans
10,000
10,000

Trade creditors
66,859
42,969

Other taxation and social security
49,801
169,643

Other creditors
334,146
209,078

Accruals and deferred income
9,000
4,500

469,926
436,190



6.


Creditors: Amounts falling due after more than one year

31 December
31 May
2024
2024
£
£

Bank loans
5,000
12,500

5,000
12,500


Page 6

 
CHARING CROSS THEATRE PRODUCTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

7.


Loans


Analysis of the maturity of loans is given below:


31 December
31 May
2024
2024
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
5,000
10,000


5,000
10,000

Amounts falling due 2-5 years

Bank loans
-
2,500


-
2,500


15,000
22,500


 
Page 7