ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

DANCE TO THE DAY LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-01-01false2theatre investment companytruetrue 12405862 2022-01-01 2022-12-31 12405862 2021-01-01 2021-12-31 12405862 2022-12-31 12405862 2021-12-31 12405862 c:Director2 2022-01-01 2022-12-31 12405862 d:Non-currentFinancialInstruments 2022-12-31 12405862 d:Non-currentFinancialInstruments 2021-12-31 12405862 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 12405862 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 12405862 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 12405862 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-12-31 12405862 d:ShareCapital 2022-12-31 12405862 d:ShareCapital 2021-12-31 12405862 c:OrdinaryShareClass1 2022-01-01 2022-12-31 12405862 c:OrdinaryShareClass1 2022-12-31 12405862 c:OrdinaryShareClass1 2021-12-31 12405862 c:FRS102 2022-01-01 2022-12-31 12405862 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 12405862 c:FullAccounts 2022-01-01 2022-12-31 12405862 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 12405862 6 2022-01-01 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12405862

DANCE TO THE DAY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022


DANCE TO THE DAY LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 4


DANCE TO THE DAY LIMITED REGISTERED NUMBER:12405862

BALANCE SHEET

AS AT 31 DECEMBER 2022

		2022		2021
Note		£		£


Current assets
Debtors	5	552,500		552,500
Cash at bank and in hand	6	2		2
		552,502		552,502
Total assets less current liabilities			552,502		552,502
Creditors: amounts falling due after more than one year	7		(552,500)		(552,500)

Net assets			2		2

Capital and reserves
Called up share capital	9	2	2
		2	2

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 year 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 profit and loss account 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:

N M Laidlaw

Director

Date: 13 July 2023

The notes on pages 2 to 4 form part of these financial statements.


DANCE TO THE DAY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1.	General information

Dance To The Day Limited is a private company, limited by shares, registered in England and Wales, registration number 12405862. The registered office address is 187 Drury Lane, London, WC2B 5QD.
The principal activity of the company is that of a theatre investment company.

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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.3

Debtors

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

2.4

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.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

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.

Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


DANCE TO THE DAY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4.	Fixed asset investments
	Company has 1 ordinary share in Pyramid Theatre Productions Ltd at nominal value of £0.01.

Debtors

					2022	2021
					£	£

Due after more than one year
Other debtors	552,500	552,500

The other debtors consists of investor loans provided to Pyramid Theatre Productions Ltd in order to carry out it's theatrical productions. The loan remains outstanding at the year end. The terms of repayment of the loans are that these to be repaid at such times when Pyramid Theatre Productions Ltd have available sufficient reserves after covering it's running costs.
Upon full repayment of the loan and at such time as Pyramid Theatre Productions Ltd has sufficient reserves, the company will be contractually entitled to a profit share.

6.	Cash and cash equivalents
		2022	2021
		£	£

	Cash at bank and in hand	2	2

7.	Creditors: Amounts falling due after more than one year
		2022	2021
		£	£

	Other loans	552,500	552,500


DANCE TO THE DAY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022



Amounts falling due 2-5 years
Other loans	552,500	552,500

The loan consists of investor loans received by the company that remain outstanding at the year end. The terms for repayment are that the loans are to be repaid at such times when the company has available sufficient reserves after covering it's running costs and reserves.
Upon full repayment of the loans and at such time as the company has sufficient reserves, the investors will be contractually entitled to a profit share.

9.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

2 (2021 -2) Ordinary shares of £1.00 each	2	2