|
|
|
|
|
|
Champions Theatre Arts Ltd
|
|
|
|
|
|
Notes to the financial statements
|
|
|
for the year ended 31 July 2025
|
|
|
|
|
|
|
|
|
1
|
Company information
|
|
|
|
|
|
|
|
Champions Theatre Arts Ltd is a private company registered in England and Wales. Its registered
number is 13469741. The company is limited by shares. Its registered office is 19 Westgate Road,
Dartford, Kent, DA1 2AT.
|
|
|
|
|
|
|
2
|
Accounting policies
|
|
|
|
|
|
|
|
Basis of preparing the financial statements
|
|
|
|
These financial statements have been prepared in accordance with Financial Reporting Standard 102
“The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the
provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have
been prepared under the historic cost convention.
|
|
|
|
|
|
|
|
Going concern
|
|
|
|
In preparing these financial statements, the directors have assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the directors take into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
|
|
|
|
|
|
|
|
The directors consider that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
|
|
|
|
|
|
|
|
Exemption from preparation of consolidated financial statements
|
|
|
|
The financial statements contain information about Champions Theatre Arts Ltd as an individual
company and do not contain consolidated financial information as the parent of a group. The company
is exempt under section 399(2A) of the Companies Act 2006 from the requirements to prepare
consolidated financial statements.
|
|
|
|
|
|
|
|
Turnover
|
|
|
|
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
|
|
|
|
|
|
|
|
Taxation
|
|
|
|
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.
|
|
|
|
|
|
|
|
Current taxation assets and liabilities are not discounted.
|
|
|
|
|
|
|
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.
|
|
|
|
|
|
|
3
|
Average number of employees
|
|
|
|
|
|
|
|
During the year the average number of employees was 2 (2024 - 2).
|
|
|
|
|
|
|
3
|