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STAGE FIFTY UK LTD - Company Information

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Stage Fifty UK Ltd

Registered Number:12791886

For the year ended 31 December 2022

England and Wales

Unaudited Financial Statements

For the year ended 31 December 2022

Stage Fifty UK Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

12791886

As at 31 December 2022

Stage Fifty UK Ltd

Statement of Financial Position

2021

2022

Notes

Fixed assets

Property, plant and equipment

5,934,164

6,164,410

5,934,164

6,164,410

Current assets

Trade and other receivables

404,130

1,996,374

133,886

Cash and cash equivalents

227,388

2,223,762

538,016

Trade and other payables: amounts falling due within one

year

(1,577,940)

(5,106,230)

(1,039,924)

(2,882,468)

Net current liabilities

Total assets less current liabilities

3,051,696

5,124,486

Trade and other payables: amounts falling due after more

than one year

(4,431,747)

(3,985,184)

(933,488)

Net assets/liabilities

692,739

Capital and reserves

Called up share capital

Retained earnings

(933,489)

692,738

(933,488)

692,739

Shareholders' funds

For the year ended 31 December 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr James Edward Enright Director

These financial statements were approved and authorised for issue by the Board on 06 June 2024 and were signed by:

The notes form part of these financial statements

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For the year ended 31 December 2022

Stage Fifty UK Ltd

Notes to the Financial Statements

Statutory Information

Stage Fifty UK Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 12791886.

Registered address:

Suite 3 Market House

19-21 Market Place

Wokingham

England

RG40 1AP

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

2. Property, plant and equipment

Total

Computer

Equipment

Furniture and

Fittings

Plant and

Machinery

Cost or

valuation

At 01 January 2022

6,306,922

51,241

26,172

6,229,509

84,156

84,155

Additions

At 31 December 2022

6,313,664

26,173

51,241

6,391,078

Provision for depreciation and impairment

At 01 January 2022

142,512

6,964

4,777

130,771

Charge for year

314,402

13,203

6,543

294,656

At 31 December 2022

456,914

20,167

11,320

425,427

At 31 December 2022

Net book value

5,888,237

14,853

31,074

5,934,164

At 31 December 2021

6,098,738

21,395

44,277

6,164,410

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For the year ended 31 December 2022

Stage Fifty UK Ltd

Notes to the Financial Statements Continued

3. Trade and other receivables

2021

2022

Trade debtors

325,001

Amounts owed by group undertakings and participating interests

662

Prepayments and accrued income

1,890,771

76,629

Taxation and social security

102,767

Other debtors

2,174

2,500

404,130

1,996,374

4. Trade and other payables: amounts falling due within one year

2021

2022

Trade creditors

515,482

264,903

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

1,778,438

20,121

Taxation and social security

196,204

Accruals and deferred income

2,148,535

518,030

Obligations under HP/Financial leases

660,234

578,682

Other creditors

3,541

5,106,230

1,577,940

5. Trade and other payables: amounts falling due after more than one year

2021

2022

1,069,852

437,780

Obligations under HP/Financial leases

Other creditors

3,547,404

3,361,895

3,985,184

4,431,747

Included within other loans is a secured loan note, this is secured by way of a charge over the share capital of the Company. Interest is charged at 15% until the end of 2022, and 20% thereafter. The maturity date of the loan note and repayment is 20 April 2024. The hire purchase contracts are secured against the assets in which they relate to.

6. Average number of persons employed

During the year the average number of employees was 2 (2021 : 2)

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For the year ended 31 December 2022

Stage Fifty UK Ltd

Notes to the Financial Statements Continued

7. Parent-subsidiary relationship

The company is a wholly owned subsidiary of Stage 50 Ltd. The registered office of the parent Company is Suite 3 Market House, 19-21 Market Place, Wokingham, RG40 1AP

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