Emjay Music Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01068718 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

EMJAY MUSIC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K A Joseph

M Joseph

Mrs S A Joseph

SECRETARY:

Mrs S A Joseph

REGISTERED OFFICE:

Warren Place

Birch Vale

Cobham

Surrey

KT11 2PX

REGISTERED NUMBER:

01068718 (England and Wales)

ACCOUNTANTS:

Farndon Accountancy

Warren Place

Birch Vale

Cobham

Surrey

KT11 2PX

FIXED ASSETS

Tangible assets

4

-

548

Investment property

5

-

300,000

-

300,548

CURRENT ASSETS

Debtors

6

-

1,262

Cash at bank

339,409

47,182

339,409

48,444

CREDITORS

Amounts falling due within one year

7

8,253

2,447

NET CURRENT ASSETS

331,156

45,997

TOTAL ASSETS LESS CURRENT LIABILITIES

331,156

346,545

PROVISIONS FOR LIABILITIES

-

22,500

NET ASSETS

331,156

324,045

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

326,156

319,045

SHAREHOLDERS' FUNDS

331,156

324,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2022 and were signed on its behalf by:

K A Joseph - Director

1.	STATUTORY INFORMATION

Emjay Music 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.

Tangible fixed assets

At the 31st March 2022 the Company did not own any tangible fixed assets. In previous years depreciation was provided at the following rate in order to write off each asset over its estimated useful life.

Fixtures and fittings - 10% on reducing balance

Investment property

The investment property was sold during the year. In the previous year this was shown at most recent valuation.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

11,853

Disposals

(11,853

)

At 31 March 2022

-

DEPRECIATION

At 1 April 2021

11,305

Eliminated on disposal

(11,305

)

At 31 March 2022

-

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

548

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2021

300,000

Disposals

(300,000

)

At 31 March 2022

-

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

300,000

The investment property was sold during August 2021.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

-

1,262

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Taxation and social security

8,201

1,995

Other creditors

52

452

8,253

2,447