The Choral Hub Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12418248 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

22 JANUARY 2020 TO 31 DECEMBER 2020

FOR

THE CHORAL HUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M G R Cleevely

A T Schwinn

S E Digby

REGISTERED OFFICE:

14 Latham Road

CAMBRIDGE

Cambridgeshire

CB2 7EQ

REGISTERED NUMBER:

12418248 (England and Wales)

ACCOUNTANTS:

Staffords

Chartered Accountants

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

FIXED ASSETS

Tangible assets

4

2,919

CURRENT ASSETS

Debtors

5

2,812

Cash at bank

37,132

39,944

CREDITORS

Amounts falling due within one year

6

30,653

NET CURRENT ASSETS

9,291

TOTAL ASSETS LESS CURRENT LIABILITIES

12,210

CAPITAL AND RESERVES

Called up share capital

7

97

Share premium

49,990

Retained earnings

(37,877

)

SHAREHOLDERS' FUNDS

12,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2020 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2021 and were signed on its behalf by:

A T Schwinn - Director

1.	STATUTORY INFORMATION

The Choral Hub 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred 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 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.

Deferred tax

Deferred tax is recognised in respect of all 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

3,091

At 31 December 2020

3,091

DEPRECIATION

Charge for period

172

At 31 December 2020

172

NET BOOK VALUE

At 31 December 2020

2,919

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,812

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

344

Taxation and social security

3,727

Other creditors

26,582

30,653

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

96,669

Ordinary

0.01p

97

Following the issue of the subscriber share for £1 on incorporation, the existing share capital was subdivided such that the 1 £1 nominal value share was subdivided into 1,000 shares of £0.001 nominal value. This subdivision occurred on 14 May 2020.

Following this there were 2 issues of shares:

14 May 2020, 79,000 shares were issued at nominal value

10 Sep 2020, 16,669 shares were issued at £3 per share

Total cash received from the issue of shares in the year was therefore £50,087.