Muse Advisory Holdings Limited - Accounts to registrar (filleted) - small 18.2

Muse Advisory Holdings Limited - Accounts to registrar (filleted) - small 18.2

MUSE ADVISORY HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 09917945 (England and Wales)















Financial Statements for the Year Ended 30 September 2021

for

Muse Advisory Holdings Limited
Muse Advisory Holdings Limited (Registered number: 09917945)






Contents of the Financial Statements
for the Year Ended 30 September 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Muse Advisory Holdings Limited

Company Information
for the Year Ended 30 September 2021







DIRECTORS: M Gregory
Ms A Gregory
B D Mack
J I McQuade





SECRETARY: Collyer Bristow Secretaries Limited





REGISTERED OFFICE: K D Tower Suite 10
The Cotterells
Hemel Hempstead
Hertfordshire
HP1 1FW





REGISTERED NUMBER: 09917945 (England and Wales)





AUDITORS: Haines Watts
Chartered Accountants and
Statutory Auditors
4 Claridge Court
Lower Kings Road
Berkhamsted
Hertfordshire
HP4 2AF
Page 1
Muse Advisory Holdings Limited (Registered number: 09917945)

Balance Sheet
30 September 2021

30.9.21 30.9.20
Notes £    £    £    £   
FIXED ASSETS
Investments 4 871,795 871,795

CURRENT ASSETS
Debtors 5 796,555 -
Cash at bank 1,428 4,533
797,983 4,533
CREDITORS
Amounts falling due within one year 6 803,146 4,537
NET CURRENT LIABILITIES (5,163 ) (4 )
TOTAL ASSETS LESS CURRENT LIABILITIES 866,632 871,791

CAPITAL AND RESERVES
Called up share capital 7 1,087 1,087
Share premium 481,511 481,511
Retained earnings 384,034 389,193
SHAREHOLDERS' FUNDS 866,632 871,791

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

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 25 March 2022 and were signed on its behalf by:





J I McQuade - Director


The notes form part of these financial statements

Page 2
Muse Advisory Holdings Limited (Registered number: 09917945)

Notes to the Financial Statements
for the Year Ended 30 September 2021

1. STATUTORY INFORMATION

Muse Advisory Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in sterling, which is the functional currency of the entity and rounded to the nearest pound.

Significant judgements and estimates
In preparing the financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. These assumptions are reassessed annually as part of the accounts preparation process.

In the view of the directors in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

Page 3 continued...
Muse Advisory Holdings Limited (Registered number: 09917945)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2020
and 30 September 2021 871,795
NET BOOK VALUE
At 30 September 2021 871,795
At 30 September 2020 871,795

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Amounts owed by group undertakings 796,555 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Trade creditors 246 -
Amounts owed to group undertakings 802,500 1,370
Other creditors 400 3,167
803,146 4,537

7. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 30.9.21 30.9.20
value: £    £   
425 A founder shares £1 425 425
425 B Founder shares £1 425 425
237 C & D shares £1 237 237
1,087 1,087

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Shaun Brownsmith FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

Page 4 continued...
Muse Advisory Holdings Limited (Registered number: 09917945)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Page 5