Sound Concerts Limited Filleted accounts for Companies House (small and micro)
Sound Concerts Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
07748701
|
|
|
|
|
FOR THE YEAR ENDED |
|
|
|
|
|
STATEMENT OF FINANCIAL POSITION |
|
2021 |
2020 |
|||
|
Note |
£ |
£ |
£ |
£ |
CURRENT ASSETS
|
Debtors |
4 |
|
|
||
|
Cash at bank and in hand |
|
|
|||
|
------- |
------- |
||||
|
|
|
||||
|
CREDITORS: amounts falling due within one year |
5 |
(
|
(
|
||
|
--------- |
--------- |
||||
|
NET CURRENT LIABILITIES |
(
|
(
|
|||
|
--------- |
--------- |
||||
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
(
|
(
|
|||
|
--------- |
--------- |
||||
|
NET LIABILITIES |
(
|
(
|
|||
|
--------- |
--------- |
||||
CAPITAL AND RESERVES
|
Called up share capital |
|
|
||
|
Profit and loss account |
(
|
(
|
||
|
--------- |
--------- |
|||
|
SHAREHOLDERS DEFICIT |
(
|
(
|
||
|
--------- |
--------- |
|||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
29 September 2022
, and are signed on behalf of the board by:
|
|
|
|
Director |
|
Company registration number:
07748701
|
|
|
NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 29 DECEMBER 2021
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Faversham, 1-5 Springfield Mount, Leeds, West Yorkshire, United Kingdom, LS2 9NG.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing support.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
DEBTORS
|
2021 |
2020 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Other debtors |
|
|
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
|
5.
CREDITORS:
amounts falling due within one year
|
2021 |
2020 |
|
|
£ |
£ |
|
|
Trade creditors |
|
|
|
Corporation tax |
|
|
|
Amounts due to related companies |
|
|
|
Other creditors |
|
|
|
--------- |
--------- |
|
|
|
|
|
|
--------- |
--------- |
|