JACK_GOOD_MUSIC_PUBLISHIN - Accounts


Company Registration No. 00638134 (England and Wales)
JACK GOOD MUSIC PUBLISHING COMPANY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019
PAGES FOR FILING WITH REGISTRAR
JACK GOOD MUSIC PUBLISHING COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
JACK GOOD MUSIC PUBLISHING COMPANY LIMITED
BALANCE SHEET
AS AT
30 JUNE 2019
30 June 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Debtors
3
8,625
-
Cash at bank and in hand
-
17,651
8,625
17,651
Creditors: amounts falling due within one year
4
(8,524)
(17,550)
Net current assets
101
101
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
1
1
Total equity
101
101

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 25 March 2020 and are signed on its behalf by:
Mr J Gruss
Director
Company Registration No. 00638134
JACK GOOD MUSIC PUBLISHING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019
- 2 -
1
Accounting policies
Company information

Jack Good Music Publishing Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Clearwater Yard, 35 Inverness Street, Camden, London, NW1 7HB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents royalties received during the year and is exclusive of value added tax. Royalties are recognised when statements are received other than royalties from UK related parties which are recognised on an earnings basis.

 

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2018 - 3).

3
Debtors
2019
2018
Amounts falling due within one year:
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
8,625
-
4
Creditors: amounts falling due within one year
2019
2018
£
£
Trade creditors
2,425
1,459
Amounts owed to group undertakings
-
7,094
Taxation and social security
98
308
Other creditors
6,001
8,689
8,524
17,550
JACK GOOD MUSIC PUBLISHING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2019
- 3 -
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
50 '"A" Ordinary shares of £1 each
50
50
50 '"B" Ordinary shares of £1 each
50
50
100
100
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The senior statutory auditor was Austin Jacobs.
The auditor was Prager Metis LLP.
7
Related party transactions

Carlin Music Delaware LLC has a participating interest in Jack Good Music Publishing Company Limited. Carlin Music Delaware LLC (London) provides management services to the company for which it charged £2,001 (2018 - £2,250).

 

The estate of Jack Good has a participating interest in Jack Good Music Publishing Company Limited and the fees payable to the estate of Jack Good for the year were £2,001 (2018 - £2,250).

 

Creditors include amounts owed to the estate of Jack Good of £2,001 (2018 - £6,189).

8
Non-audit services provided by auditor

In common with many businesses of our size and nature we use our auditor to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

2019-06-302018-07-01false01 April 2020CCH SoftwareCCH Accounts Production 2019.301No description of principal activityThis audit opinion is unqualifiedR P GoodMr J GrussMs J Scher2020-03-25006381342018-07-012019-06-30006381342019-06-30006381342018-06-3000638134core:CurrentFinancialInstruments2019-06-3000638134core:CurrentFinancialInstruments2018-06-3000638134core:ShareCapital2019-06-3000638134core:ShareCapital2018-06-3000638134core:RetainedEarningsAccumulatedLosses2019-06-3000638134core:RetainedEarningsAccumulatedLosses2018-06-3000638134core:ShareCapitalOrdinaryShares2019-06-3000638134bus:Director52018-07-012019-06-3000638134bus:PrivateLimitedCompanyLtd2018-07-012019-06-3000638134bus:SmallCompaniesRegimeForAccounts2018-07-012019-06-3000638134bus:FRS1022018-07-012019-06-3000638134bus:Audited2018-07-012019-06-3000638134bus:Director12018-07-012019-06-3000638134bus:Director22018-07-012019-06-3000638134bus:Director32018-07-012019-06-3000638134bus:FullAccounts2018-07-012019-06-30xbrli:purexbrli:sharesiso4217:GBP