For the financial year ended 31 March 2025 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 of its financial statements for the year in question in accordance with section 476.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

CF Touring Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

The company was incorporated on 29 January 2024 and the first reporting period shortened to 31 March 2024 for commercial reasons. The comparative amounts presented in the financial statements, including the related notes, are not entirely comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents the amounts receivable for live performances.

Revenue from contracts for the provision of live performances is recognised based on performance date.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The average monthly number of persons (including directors) employed by the company during the year was:

The directors of the limited company are also partners in the Crystal Fighters partnership. During the period, the company incurred £40,595 of expenses on behalf of the partnership. Crystal Fighters partnership incurred expenses on behalf of the limited company totaling £40,196. At the balance sheet date the limited company owed the partnership £237 (2024: £636).

The company incurred £62,313 of expenses on behalf of Crystal Fighters Touring LLP, a related party by virtue of two of the members of the LLP being directors of the limited company. The LLP incurred expenses of £66,679 on behalf of the limited company. At the balance sheet date, the company owed the LLP £4,076 (2024: LLP owed the company £290).

Both loans are interest free and repayable on demand.

During the year, G Vierich, a director of the company, withdrew £27,296 from the company, and introduced funds totalling £32,896. At the Balance Sheet date the company owed the director £5,600 (2024: Nil).

During the year, S Pringle, a director of the company, withdrew £22,154 from the company and introduced funds totalling £30,996. At the Balance Sheet date the company owed the director £8,842 (2024: Nil).