ACCOUNTS - Final Accounts

Registered number: 04547593

HAMPSTEAD THEATRE ENTERPRISES LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

HAMPSTEAD THEATRE ENTERPRISES LIMITED

REGISTERED NUMBER: 04547593

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Stocks	4	11,244		10,413
Debtors: amounts falling due within one year	5	-		492
Cash at bank and in hand		52,164		102,297
		63,408		113,202
Creditors: amounts falling due within one year	6	(72,628)		(122,422)
Net current liabilities			(9,220)		(9,220)
Total assets less current liabilities			(9,220)		(9,220)

Net liabilities			(9,220)		(9,220)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(9,221)	(9,221)
	(9,220)	(9,220)

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 comprehensive income 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 15 September 2025.

Greg Ripley-Duggan

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

HAMPSTEAD THEATRE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Hampstead Theatre Enterprises Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is Eton Avenue, Swiss Cottage, London, NW3 3EU.

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 statement of financial position shows that the company had net liabilities at the balance sheet date of £9,220 (2024: £9,220) and is dependent on the support of its parent undertaking. The directors have received assurances from the parent undertaking that it will support the company for the foreseeable future. The financial statements have therefore been prepared on a going concern basis.
Existing funding facilities, forecasts and projections indicate that the company has adequate resources to continue with some level of activity from minimal to full levels.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements, but with the proviso that a material uncertainty exists over the long-term future of the company.

2.3

Revenue

Revenue from events is recognised on an accruals basis when the event has been fulfilled. Bar takings are recognised on a cash basis. Revenue is measured as the fair value of the consideration received or receivable.

2.4

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.

2.5

Debtors

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

2.6

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.

Page 2

HAMPSTEAD THEATRE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Creditors

Short-term creditors are measured at the transaction price.

2.8

Pensions

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a seperate entity. Once the contributions have been paid the company has no further obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independent administered funds.

2.9

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.

2.10

Functional and presentational currency

The Company's functional and presentational currency is GBP.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 3

HAMPSTEAD THEATRE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Stocks
		2025	2024
		£	£

Finished goods and goods for resale	11,244	10,413
	11,244	10,413

Debtors

					2025	2024
					£	£


Other debtors	-	229
Tax recoverable	-	263
	-	492

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	20,093	26,383
Amounts owed to group undertakings	42,578	88,934
Other taxation and social security	804	-
Accruals and deferred income	9,153	7,105
	72,628	122,422

Page 4

HAMPSTEAD THEATRE ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Controlling party

The parent undertaking is Hampstead Theatre Limited.

8.	Related party transactions

The company is exempt from disclosing other related party transactions as they are with companies that are wholly owned within the group.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 18 September 2025 by Hetal Mistry (senior statutory auditor) on behalf of Nyman Libson Paul LLP.

Page 5