Company Registration No. 09646673 (England and Wales)
Simon Birch Music Ltd
Unaudited accounts
for the year ended 30 June 2020
Simon Birch Music Ltd
Unaudited accounts
Contents
Simon Birch Music Ltd
Company Information
for the year ended 30 June 2020
Company Number
09646673 (England and Wales)
Registered Office
34 HIGHDOWN ROAD
LEWES
EAST SUSSEX
BN7 1QE
UNITED KINGDOM
Accountants
Space Advisory and Accountancy Limited
19 Malago Drive
Bristol
BS3 5DR
Simon Birch Music Ltd
Statement of financial position
as at 30 June 2020
Cash at bank and in hand
12,827
1,283
Creditors: amounts falling due within one year
(12,009)
(4,064)
Net current assets/(liabilities)
2,897
(542)
Called up share capital
1
1
Profit and loss account
3,827
579
Shareholders' funds
3,828
580
For the year ending 30 June 2020 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2021 and were signed on its behalf by
Mr S P Birch
Director
Company Registration No. 09646673
Simon Birch Music Ltd
Notes to the Accounts
for the year ended 30 June 2020
Simon Birch Music Ltd is a private company, limited by shares, registered in England and Wales, registration number 09646673. The registered office is 34 HIGHDOWN ROAD, LEWES, EAST SUSSEX, BN7 1QE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Simon Birch Music Ltd
Notes to the Accounts
for the year ended 30 June 2020
4
Tangible fixed assets
Computer equipment
Accrued income and prepayments
2,083
2,173
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
3,621
2,791
Loans from directors
963
1,023
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).
