Rock Choir Ltd - Accounts to registrar (filleted) - small 18.2
Rock Choir Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 August 2019 |
| for |
| ROCK CHOIR LTD |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ROCK CHOIR LTD |
| Company Information |
| for the Year Ended 31 August 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Rosemount House |
| Rosemount Avenue |
| West Byfleet |
| Surrey |
| KT14 6LB |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Balance Sheet |
| 31 August 2019 |
| 31.8.19 | 31.8.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Balance Sheet - continued |
| 31 August 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on were signed on its behalf by: |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2019 |
| 1. | STATUTORY INFORMATION |
| Rock Choir Ltd is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| The financial statements are rounded to the nearest £1. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover consists of annual membership subscriptions, which are due throughout the year and recognised |
| accordingly, as well as income from shows and workshops which is recognised using the date of the event. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at |
| cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Leasehold property improvements | - |
| Office equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and |
| Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income |
| or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted |
| or substantively enacted by the balance sheet date. |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 3. | ACCOUNTING POLICIES - continued |
| Deferred taxation |
| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed |
| at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different |
| from those in which they are recognised in financial statements. Deferred tax is measured using tax rates |
| and laws that have been enacted or substantively enacted by the year end and that are expected to apply to |
| the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that |
| they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Development costs |
| Costs have been capitalised where they relate to the ongoing development of an interactive website and app |
| that will offer tools for members and choir leaders. |
| Leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES |
| The average number of employees during the year was |
| 5. | INTANGIBLE FIXED ASSETS |
| Development |
| Trademarks | costs | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2018 |
| Additions |
| At 31 August 2019 |
| AMORTISATION |
| At 1 September 2018 |
| Amortisation for year |
| At 31 August 2019 |
| NET BOOK VALUE |
| At 31 August 2019 |
| At 31 August 2018 |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 6. | TANGIBLE FIXED ASSETS |
| Leasehold |
| property | Office |
| improvements | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2018 |
| Additions |
| At 31 August 2019 |
| DEPRECIATION |
| At 1 September 2018 |
| Charge for year |
| At 31 August 2019 |
| NET BOOK VALUE |
| At 31 August 2019 |
| At 31 August 2018 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.19 | 31.8.18 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Included in other debtors is the amount of £83,664 (2018: £73,841) owed by Rock Records Limited, and the |
| amount of £114,702 (2018: £78,007) owed by The Choir that Rocks Limited. Both companies are under |
| common control. The loans are interest free and repayable upon demand, although the directors have |
| confirmed that they will not withdraw the company's financial support to the detriment of those companies |
| or their creditors. |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.19 | 31.8.18 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| ROCK CHOIR LTD (REGISTERED NUMBER: 05998336) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2019 |
| 9. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 31.8.19 | 31.8.18 |
| £ | £ |
| Within one year |
| Between one and five years |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.19 | 31.8.18 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | CONTINGENT LIABILITIES |
| Rock Choir Ltd has a commitment to its distributor for old branded finished stock that they hold on behalf of |
| Rock Choir Ltd. As the contract relating to this stock is ongoing, there is no cost to this stock. A charge |
| would only arise if the contract was cancelled. No costs relating to this have been recorded in the accounts. |
| 12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the balance sheet date, C A Redman-Lusher, a director, owed the company £269. This was repaid shortly |
| after the year end. |