ACCOUNTS - Final Accounts preparation

OWS GOES GLOBAL LIMITED - Company Information

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Registered number: 14346823

OWS GOES GLOBAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 14 APRIL 2023

OWS GOES GLOBAL LIMITED

REGISTERED NUMBER: 14346823

BALANCE SHEET

AS AT 14 APRIL 2023

		2023
Note		£


Current assets
Debtors: amounts falling due within one year	73,929
Cash at bank and in hand	104,250
	178,179
Creditors: amounts falling due within one year	(178,178)
Net current assets		1
Total assets less current liabilities		1

Net assets		1

Capital and reserves
Called up share capital			1
			1

The director considers 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 director acknowledges her 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 5 June 2023.

Emily Vaughan-Barratt

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

OWS GOES GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 14 APRIL 2023

1.	General information

OWS Goes Global Limited is a private company limited by shares and registered in England and Wales. The address of the registered office is First Floor, 39-41 Charing Cross Road, London WC2H 0AR.

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.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue comprises net box office receipts and amounts receivable for services supplied during the period. Revenue is recognised in the statement of income and retained earnings in the period it is contractually due.

2.3

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 balance sheet date in the countries where the Company operates and generates income.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.5

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.

2.6

Creditors

Short-term creditors are measured at the transaction price.

2.7

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, loans to related parties and investments in ordinary shares.

Page 2

OWS GOES GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 14 APRIL 2023

Employees

	The Company has no employees other than the directors, who did not receive any remuneration.
	The average monthly number of employees, including directors, during the period was 0.

Debtors

					2023
					£


	Other debtors	73,929
		73,929

5.	Cash and cash equivalents
		2023
		£

	Cash at bank and in hand	104,250
		104,250

6.	Creditors: Amounts falling due within one year
		2023
		£

	Other creditors	166,875
	Accruals and deferred income	11,303
		178,178

Page 3