Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 true 3 false 2025-06-01 No description of principal activity true false 3 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10203877 2025-06-01 2025-12-31 10203877 2024-06-01 2025-05-31 10203877 2025-12-31 10203877 2025-05-31 10203877 c:Director1 2025-06-01 2025-12-31 10203877 d:CurrentFinancialInstruments 2025-12-31 10203877 d:CurrentFinancialInstruments 2025-05-31 10203877 d:Non-currentFinancialInstruments 2025-12-31 10203877 d:Non-currentFinancialInstruments 2025-05-31 10203877 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 10203877 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 10203877 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 10203877 d:Non-currentFinancialInstruments d:AfterOneYear 2025-05-31 10203877 d:ShareCapital 2025-12-31 10203877 d:ShareCapital 2025-05-31 10203877 d:RetainedEarningsAccumulatedLosses 2025-12-31 10203877 d:RetainedEarningsAccumulatedLosses 2025-05-31 10203877 c:FRS102 2025-06-01 2025-12-31 10203877 c:AuditExempt-NoAccountantsReport 2025-06-01 2025-12-31 10203877 c:FullAccounts 2025-06-01 2025-12-31 10203877 c:PrivateLimitedCompanyLtd 2025-06-01 2025-12-31 10203877 e:PoundSterling 2025-06-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 10203877 IDILI LIVE LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
IDILI LIVE LIMITED REGISTERED NUMBER: 10203877 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 31 December |  | 31 May
|  | 2025 |  | 2025
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 2,431,707 |  | 2,438,389 |
Cash at bank and in hand |  | 188,833 |  | 90,497 |
|  | 2,620,540 |  | 2,528,886 |
Creditors: amounts falling due within one year | 5 | (2,106,647) |  | (1,982,173) |
Net current assets |  |  | 513,893 |  | 546,713
Total assets less current liabilities |  |  | 513,893 |  | 546,713
Creditors: amounts falling due after more than one year | 6 |  | (6,856) |  | (15,207)
Net assets |  |  | 507,037 |  | 531,506
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 5 |  | 5
Profit and loss account |  |  | 507,032 |  | 531,501
|  |  | 507,037 |  | 531,506
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 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 by:
I Sutej
Director
Date: 24 February 2026
The notes on pages 2 to 5 form part of these financial statements. Page 1
IDILI LIVE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
1. | General information
Idili Live Limited is a private company, limited by shares, registered in England and Wales, registration number 10203877. The registered office is 135 Temple Chambers 3-7 Temple Avenue, London, United Kingdom, EC4Y 0HP. 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 | Reporting Period
The financial statements have been prepared for the 7 month period to 31 December 2025. The reason for the short period was so that the Company could align their accounting reference date with a commonly controlled company. Consequently, the comparative figures shown in the Statement of Comprehensive Income and related notes cover a 12-month period from 1 June 2024 to 31 May 2025, and are therefore not entirely comparable.
| 2.3 | Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed the company’s financial position and confirm that support from shareholders and related entities is available and sufficient to meet liabilities as they fall due for at least 12 months from the date of approval. This support is underpinned by ongoing funding arrangements.
| 2.4 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 2
IDILI LIVE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.5 | 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.
| 2.6 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pensions plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss 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 independently administered funds.
| 2.8 | 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.
| 2.9 | Creditors
Short term creditors are measured at the transaction price.
| 2.10 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
| 2.11 | 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. Page 3
IDILI LIVE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.12 | Judgments in applying accounting policies and key sources of estimation uncertainty
The Company incurs and recharges production costs with related undertakings. Management exercises judgement in determining which costs are directly attributable to the Company’s business activities and in selecting an appropriate and consistent allocation basis for shared production costs. Where costs are not separately identifiable, allocations are based on production activity. Recharges are made at cost with no mark-up. The Directors consider the estimates applied to be reasonable and do not consider there to be significant estimation uncertainty.
3. | Employees
The average monthly number of employees, including directors, during the year was 3 (31 May 2025 - 3).
4. | Debtors
|  |  |  |  | 31 December | 31 May
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Trade debtors | - | 8,408
| Amounts owed by group undertakings | 2,397,999 | 2,397,087
| Other debtors | 33,708 | 32,894
|  | 2,431,707 | 2,438,389
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 31 December | 31 May
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Bank loans | 13,148 | 13,148
| Trade creditors | 552 | 552
| Amounts owed to group undertakings | 364,782 | 364,983
| Other creditors | 1,711,732 | 1,590,009
| Accruals | 16,433 | 13,481
|  | 2,106,647 | 1,982,173
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IDILI LIVE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
6. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 31 December | 31 May
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Bank loans | 6,856 | 15,207
| The bank loan is guaranteed by the UK Government as part of the Bounce Back Loan Scheme (BBLS). The interest rate is fixed at 2.5% over a six-year loan term. Under the terms of the loan, the UK Government will cover any interest charges due on the loan for the first 12 months.
7. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,062 (31 May 2025: £3,550). There is a contribution payable to the fund at the reporting date of £687 (31 May 2025: £687).
8. | Related party transactions
| At 31 December 2025, the Company had the following balances with related parties, all of which are companies where the directors hold directorships: Amounts due from: • Idili Theatricals Limited – £396,460 (31 May 2025: £396,420) • One World Entertainment – £1,847,812 (31 May 2025: £1,847,812) • Rent 20th Anniversary Production – £34,261 (31 May 2025: £32,884) • Idili Holdings Limited – £390 (31 May 2025: £390) • One World Shows Limited – £630 (31 May 2025: £630) • Idili Celeste – £95,263 (31 May 2025: £94,986) • Idili Live Entertainment Limited – £23,183 (31 May 2025: £23,966) Amounts due to: • Idili Shows Limited – £286,039 (31 May 2025: £286,239) • Entertainment Exhibitions International Limited – £4,445 (31 May 2025: £4,445) • Idili Live SEK – £74,298 (31 May 2025: £74,298) Director balances: • I Sutej – £1,335,626 payable (31 May 2025: £1,230,202 payable) • M Esteban – £62,787 payable (31 May 2025: £46,488 payable) All related party balances are unsecured, non-interest bearing, and repayable on demand unless otherwise stated. These balances primarily relate to intercompany recharges, funding support, and shared operational costs.
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