Acorah Software Products - Accounts Production 16.4.675 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11294334 Mr Oliver Royds Mr Tristan Michael Douglas Baker Troubadour Theatres Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11294334 2023-08-31 11294334 2024-08-31 11294334 2023-09-01 2024-08-31 11294334 frs-core:CurrentFinancialInstruments 2024-08-31 11294334 frs-core:Non-currentFinancialInstruments 2024-08-31 11294334 frs-core:ComputerEquipment 2024-08-31 11294334 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11294334 frs-core:ComputerEquipment 2023-08-31 11294334 frs-core:FurnitureFittings 2024-08-31 11294334 frs-core:FurnitureFittings 2023-09-01 2024-08-31 11294334 frs-core:FurnitureFittings 2023-08-31 11294334 frs-core:PlantMachinery 2024-08-31 11294334 frs-core:PlantMachinery 2023-09-01 2024-08-31 11294334 frs-core:PlantMachinery 2023-08-31 11294334 frs-core:ShareCapital 2024-08-31 11294334 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11294334 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11294334 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11294334 frs-bus:SmallEntities 2023-09-01 2024-08-31 11294334 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11294334 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11294334 frs-bus:OrdinaryShareClass2 2023-09-01 2024-08-31 11294334 frs-bus:OrdinaryShareClass2 2024-08-31 11294334 1 2023-09-01 2024-08-31 11294334 frs-bus:Director1 2023-09-01 2024-08-31 11294334 frs-bus:Director2 2023-09-01 2024-08-31 11294334 frs-bus:Director2 2023-08-31 11294334 frs-bus:Director2 2024-08-31 11294334 1 2023-09-01 2024-08-31 11294334 frs-countries:EnglandWales 2023-09-01 2024-08-31 11294334 2022-08-31 11294334 2023-08-31 11294334 2022-09-01 2023-08-31 11294334 frs-core:CurrentFinancialInstruments 2023-08-31 11294334 frs-core:Non-currentFinancialInstruments 2023-08-31 11294334 frs-core:ShareCapital 2023-08-31 11294334 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11294334 frs-bus:OrdinaryShareClass2 2022-09-01 2023-08-31 11294334 1 2022-09-01 2023-08-31
Registered number: 11294334
White City Theatre Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11294334
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,927 152,430
1,927 152,430
CURRENT ASSETS
Debtors 5 259,637 262,591
Cash at bank and in hand 24 48
259,661 262,639
Creditors: Amounts Falling Due Within One Year 6 (66,090 ) (73,595 )
NET CURRENT ASSETS (LIABILITIES) 193,571 189,044
TOTAL ASSETS LESS CURRENT LIABILITIES 195,498 341,474
Creditors: Amounts Falling Due After More Than One Year 7 (4,187,280 ) (4,172,009 )
NET LIABILITIES (3,991,782 ) (3,830,535 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (3,991,882 ) (3,830,635 )
SHAREHOLDERS' FUNDS (3,991,782) (3,830,535)
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Oliver Royds
Director
13 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
White City Theatre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11294334 . The registered office is Troubadour Wembley Park Theatre, 3 Fulton Road, Wembley, England, HA9 0SP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 5 Years
Fixtures & Fittings 20% Straight Line Method
Computer Equipment 20% Straight Line Method
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year was 2 2
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 1,131,555 71,116 3,862 1,206,533
As at 31 August 2024 1,131,555 71,116 3,862 1,206,533
Depreciation
As at 1 September 2023 993,230 57,912 2,961 1,054,103
Provided during the period 137,363 12,368 772 150,503
As at 31 August 2024 1,130,593 70,280 3,733 1,204,606
Net Book Value
As at 31 August 2024 962 836 129 1,927
As at 1 September 2023 138,325 13,204 901 152,430
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Due after more than one year
Amounts owed by group undertakings 259,637 262,591
Included in Amounts owed by group undertakings is a balance of £77,854 (Year 2023 : £80,308) which is owed by Meridian Water Studios Limited (Company No.12527635) and £164,068 (Year 2023 : £164,068) is owed by Troubadour Asset Management Limited (Company No.11717983) and £17,714 (Year 2023 : £18,213) is owed by Brent Cross Studios Limited (Company No.13322891).
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 149 7,681
Bank loans and overdrafts 10,000 10,000
VAT 53,541 53,423
Accruals and deferred income 2,400 2,400
Directors' loan accounts - 91
66,090 73,595
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back loan - Long Term 16,666 26,667
Amounts owed to group undertakings 4,170,614 4,145,342
4,187,280 4,172,009
Included in Amounts owed to group undertakings is a balance of £2,452,956 (Year 2023 : £2,451,480) which is owed to Troubadour Theatres Limited (Company No.10898810) and £1,717,657 (Year 2023 : £1,693,862) is owed to Wembley Park Theatre Limited (Company No.10940099).
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary A shares of £ 1.00 each 100 100
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Tristan Michael Douglas Baker (91 ) 5,748 (5,657 ) - -
The above loan is unsecured, interest free and repayable on demand.
10. Ultimate Controlling Party
The company's ultimate controlling party is Troubadour Theatres Limited by virtue of its ownership of 100% of the issued share capital in the company.
Page 4