Accounts Submission

Accounts Submission

PHONOVISION RECORDS LIMITED - Company Information

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PHONOVISION RECORDS LIMITED

Company Registration Number:
SC665955 (Scotland)

Unaudited micro entity accounts for the year ended 31 July 2022

Period of accounts

Start date: 01 August 2021

End date: 31 July 2022

Page 1

PHONOVISION RECORDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

Page 2

PHONOVISION RECORDS LIMITED

Company Information

for the Period Ended 31 July 2022




Director: David Henry
Registered office: 43/3
Parkhead Loan
Edinburgh
GB-SCT
EH11 4SJ
Company Registration Number: SC665955 (Scotland)

Page 3

PHONOVISION RECORDS LIMITED

Directors' Report Period Ended 31 July 2022

The directors present their report with the financial statements of the company for the period ended 31 July 2022

Principal Activities

The company's main activity is the licensing of musical tracks for release on vinyl records. A second activity has been the production of a music video TV programme.

Political and charitable donations

None.

Company policy on the employment of disabled persons

The company as a non discrimination policy.

Directors

The directors shown below have held office during the whole of the period from 01 August 2021 to 31 July 2022
David Henry

This report was approved by the board of directors on 30 April 2023
And Signed On Behalf Of The Board By:

Name: David Henry
Status: Director

Page 4

PHONOVISION RECORDS LIMITED

Profit and Loss Account

for the Period Ended 31 July 2022


2022
£		 13 months to
31 Jul 2021
£
Turnover 421 0
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 2,016 ) ( 0 )
Staff Costs ( 0 ) ( 0 )
Depreciation and Writeoffs ( 0 ) ( 0 )
Other charges ( 0 ) ( 0 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 1,595 ) 0

Page 5

PHONOVISION RECORDS LIMITED

Balance sheet

As at 31 July 2022


2022
£		 13 months to
31 Jul 2021
£
Called up share capital not paid: 1 0
Fixed Assets: 0 0
Current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 1 0
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 1 0
Capital and reserves: 1 0

Page 6

PHONOVISION RECORDS LIMITED

Balance sheet continued

For the year ending 31 July 2022 the company was entitled to exemption 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 directors acknowledge their 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 30 April 2023
And Signed On Behalf Of The Board By:

Name: David Henry
Status: Director

The notes form part of these financial statements

Page 7

PHONOVISION RECORDS LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 July 2022

  • 1. Employee Information

    Average number of employees: 0

Page 8

PHONOVISION RECORDS LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 July 2022

  • 2. Off balance sheet disclosure

    The director has loaned the company £2,000 to cover the cost of the first vinyl record release. The loan is repayable after the first vinyl release had been delivered and sold.

Page 9