Select Entertainment Limited 31/12/2021 iXBRL
Select Entertainment Limited 31/12/2021 iXBRL
Company registration number:
06779773
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
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Company number |
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Registered office |
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Statement of financial position
31 December 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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Net liabilities |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholder deficit |
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Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
28 September 2022
, and are signed on behalf of the board by:
Director
Company registration number:
06779773
Notes to the financial statements
Year ended 31 December 2021
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 32-33 Gosfield Street, London, W1W 6HL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - | 3 years straight line | ||
Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2020:
1
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5.
Tangible assets
Plant and machinery | Fixtures, fittings and equipment | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 January 2021 and 31 December 2021 |
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Depreciation | ||||
At 1 January 2021 |
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Charge for the year |
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At 31 December 2021 |
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Carrying amount | ||||
At 31 December 2021 |
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At 31 December 2020 |
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6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Other debtors |
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7.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
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Social security and other taxes |
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Other creditors |
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At the year end a total of £1,423 of the £17,000 government bounceback loan was due as creditors within one year.
8.
Creditors: amounts falling due after more than one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
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At the year end a total of £15,577 of the £17,000 government bounceback loan was due as creditors due after more than one year.
9.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | |||||
2021 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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2020 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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At the year end the company was owed £3,917 (2019 - £986 owed to the director) from the director.