Red Songs Limited - Filleted accounts

Red Songs Limited - Filleted accounts


Registered number
04151336
Red Songs Limited
Filleted Accounts
31 January 2023
Red Songs Limited
Accountants' Report
Accountants' report to the director of
Red Songs Limited
You consider that the company is exempt from an audit for the year ended 31 January 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Applied Accountancy Ltd
Accountants
Riverside Suite
50A Clifford Way
Maidstone
Kent
ME16 8GD
22 September 2023
Red Songs Limited
Registered number: 04151336
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 288 243
288 243
Creditors: amounts falling due within one year 3 (14,846) (14,546)
Net current liabilities (14,558) (14,303)
Total assets less current liabilities (14,558) (14,303)
Net liabilities (14,558) (14,303)
Capital and reserves
Called up share capital 1 1
Profit and loss account (14,559) (14,304)
Shareholder's funds (14,558) (14,303)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kim Glover
Director
Approved by the board on 22 September 2023
Red Songs Limited
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against other future taxable profits. Current tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 14,846 14,546
14,846 14,546
4 Other information
Red Songs Limited is a private company limited by shares and incorporated in England. Its registered office is:
Riverside Suite
50A Clifford Way
Maidstone
Kent
ME16 8GD
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