ACCOUNTS - Final Accounts preparation

MOLIERE WEST END LTD - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-05-312021-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalsetrue2020-06-01No description of principal activity22 12019306 2020-06-01 2021-05-31 12019306 2019-05-28 2020-05-31 12019306 2021-05-31 12019306 2020-05-31 12019306 c:Director1 2020-06-01 2021-05-31 12019306 d:CurrentFinancialInstruments 2021-05-31 12019306 d:CurrentFinancialInstruments 2020-05-31 12019306 d:CurrentFinancialInstruments d:WithinOneYear 2021-05-31 12019306 d:CurrentFinancialInstruments d:WithinOneYear 2020-05-31 12019306 d:ShareCapital 2021-05-31 12019306 d:ShareCapital 2020-05-31 12019306 d:RetainedEarningsAccumulatedLosses 2021-05-31 12019306 d:RetainedEarningsAccumulatedLosses 2020-05-31 12019306 c:OrdinaryShareClass1 2020-06-01 2021-05-31 12019306 c:OrdinaryShareClass1 2021-05-31 12019306 c:OrdinaryShareClass1 2020-05-31 12019306 c:FRS102 2020-06-01 2021-05-31 12019306 c:AuditExempt-NoAccountantsReport 2020-06-01 2021-05-31 12019306 c:FullAccounts 2020-06-01 2021-05-31 12019306 c:PrivateLimitedCompanyLtd 2020-06-01 2021-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12019306

MOLIERE WEST END LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2021

MOLIERE WEST END LTD

REGISTERED NUMBER: 12019306

BALANCE SHEET

AS AT 31 MAY 2021

		2021		2020
Note		£		£


Current assets
Stocks	5	15,261		1,900
Debtors: amounts falling due within one year	6	2,980		380
Cash at bank and in hand		11,761		27,722
		30,002		30,002
Creditors: amounts falling due within one year	7	(31,500)		(30,750)
Net current liabilities			(1,498)		(748)
Total assets less current liabilities			(1,498)		(748)

Net liabilities			(1,498)		(748)

Capital and reserves
Called up share capital	8	2	2
Profit and loss account		(1,500)	(750)
		(1,498)	(748)

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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 March 2022.

D R Luff

Director

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MOLIERE WEST END LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2021

1.	General information

Moliere West End Ltd is a private company limited by shares and registered in England and Wales. Its registered address is 166 Vartry Road, London, N15 6HA.

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.

2.2

Going concern

The company is showing net liabilities, at the reporting date. In order to continue trading it is dependent on the continued financial support of its directors, who have confirmed their intention to continue to support the company for the foreseeable future
.
On this basis, the directors consider it appropriate to prepare the financial statements on the going
concern basis. The financial statements do not include any adjustments that would result in the withdrawal of the aforementioned support.
COVID-19
Although the potential effects of the COVID-19 virus can be modelled, it is very difficult to determine the assumptions that will prove to be most appropriate and therefore there is an element of doubt existing that cannot be quantified.
After reviewing the company's forecasts and projections, the directors have a good expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

2.3

Functional and presentational currency

The company's functional and presentational currency is GBP.

2.4

Stocks - Production development costs

Production development costs comprise the cumulative amounts incurred prior to the threatre production going to stage. This cost will be amortised to the statement of income and retained earnings over the period in which the production is due to take place.

2.5

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, loans from banks and other third parties.

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MOLIERE WEST END LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2021

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the reporting date based on invoices received after the period end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.

Employees

The average monthly number of employees, including directors, during the period was 2 (2020 - 2).

5.	Stocks
		2021	2020
		£	£

Production development costs	15,261	1,900
	15,261	1,900

Debtors

					2021	2020
					£	£


Other debtors	2,980	380
	2,980	380

7.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Other creditors	30,000	30,000
Accruals and deferred income	1,500	750
	31,500	30,750

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MOLIERE WEST END LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2021

8.	Share capital
		2021	2020
		£	£

Allotted, called up and fully paid

2 (2020 - 2) Ordinary shares of £1.00 each	2	2

9.	Related party transactions
	The company has not entered into any transactions with related parties that are material and that have not been concluded under normal market conditions.

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