Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-072024-10-0732023-10-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14042104 2023-10-01 2024-10-07 14042104 2022-04-12 2023-09-30 14042104 2024-10-07 14042104 2023-09-30 14042104 c:Director2 2023-10-01 2024-10-07 14042104 d:CurrentFinancialInstruments 2024-10-07 14042104 d:CurrentFinancialInstruments 2023-09-30 14042104 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-07 14042104 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14042104 d:ShareCapital 2024-10-07 14042104 d:ShareCapital 2023-09-30 14042104 d:RetainedEarningsAccumulatedLosses 2024-10-07 14042104 d:RetainedEarningsAccumulatedLosses 2023-09-30 14042104 c:FRS102 2023-10-01 2024-10-07 14042104 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-10-07 14042104 c:FullAccounts 2023-10-01 2024-10-07 14042104 c:PrivateLimitedCompanyLtd 2023-10-01 2024-10-07 14042104 2 2023-10-01 2024-10-07 14042104 e:PoundSterling 2023-10-01 2024-10-07 iso4217:GBP xbrli:pure

Registered number: 14042104









SALON CHARLIE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 7 OCTOBER 2024
 
SALON CHARLIE LIMITED
REGISTERED NUMBER: 14042104

STATEMENT OF FINANCIAL POSITION
AS AT 7 OCTOBER 2024

7 October
30 September
2024
2023
Note
£
£

  

Current assets
  

Stocks
  
-
5,614

Debtors: amounts falling due within one year
 4 
102,704
144,226

Cash at bank and in hand
 5 
1,099
28

  
103,803
149,868

Creditors: amounts falling due within one year
 6 
(93,847)
(149,867)

Net current assets
  
 
 
9,956
 
 
1

Total assets less current liabilities
  
9,956
1

  

Net assets
  
9,956
1


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
9,955
-

  
9,956
1


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 period 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.
 
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SALON CHARLIE LIMITED
REGISTERED NUMBER: 14042104
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 7 OCTOBER 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2025.




H Grumbar
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2
 
SALON CHARLIE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 OCTOBER 2024

1.


General information

Salon Charlie Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London NW3 5JS and principal place of business is 699 Wandsworth Road, London, SW8 3JF.

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

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue comprises distribution revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.
Where revenue received exceeds costs incurred to date and profits are not anticipated, the balance is treated as deferred income and held on the Statement of Financial Position until further costs are incurred or profits anticipated. At this point the deferred income is released to the Statement of Income and Retained Earnings.

 
2.3

Interest income

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

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. 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.
The Company is eligible to claim a tax credit on film production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.5

Stocks

Stocks comprise production costs, which are recorded as a current asset net of the relevant tax credit.  Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company.

 
2.6

Debtors

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

Page 3
 
SALON CHARLIE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

Creditors

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

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and other third parties and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 3 (2023 - 2).


4.


Debtors

7 October
30 September
2024
2023
£
£


Amounts owed by group undertakings
5,607
5,607

Other debtors
4,201
3,972

Prepayments and accrued income
-
43,088

Tax recoverable
92,896
91,559

102,704
144,226



5.


Cash and cash equivalents

7 October
30 September
2024
2023
£
£

Cash at bank and in hand
1,099
28

1,099
28


Page 4
 
SALON CHARLIE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

7 October
30 September
2024
2023
£
£

Amounts owed to group undertakings
-
4,600

Other creditors
89,347
89,347

Accruals and deferred income
4,500
55,920

93,847
149,867



7.


Related party transactions

During the period, fees and recharges totalling £nil (2023 £86,984) were payable to a company with a common director. Also during the period payments totalling £109,389 were made in respect of the fees and recharges. At the reporting date £5,607 (2023: £5,607) was receivable from the company with a common director. All transactions were carried out at arms length.  
During the period, advances totalling £nil (2023: £4,600) were received from a company in with common control.  At the reporting date £nil (2023 £4,600) was due in respect of these advances. The loan is repayable on demand and not interest bearing

 
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