3Ms Music Limited - Accounts to registrar (filleted) - small 23.2.5
3Ms Music Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 October 2023 |
| for |
| 3Ms Music Limited |
| 3Ms Music Limited (Registered number: 09821805) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| 3Ms Music Limited |
| Company Information |
| for the Year Ended 31 October 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 2 Adelaide Street |
| St Albans |
| Hertfordshire |
| AL3 5BH |
| 3Ms Music Limited (Registered number: 09821805) |
| Balance Sheet |
| 31 October 2023 |
| 31.10.23 | 31.10.22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| 3Ms Music Limited (Registered number: 09821805) |
| Balance Sheet - continued |
| 31 October 2023 |
| 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 |
| 3Ms Music Limited (Registered number: 09821805) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2023 |
| 1. | STATUTORY INFORMATION |
| 3Ms Music Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year 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 year 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2022 - NIL). |
| 3Ms Music Limited (Registered number: 09821805) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 November 2022 |
| Additions |
| At 31 October 2023 |
| DEPRECIATION |
| At 1 November 2022 |
| Charge for year |
| At 31 October 2023 |
| NET BOOK VALUE |
| At 31 October 2023 |
| At 31 October 2022 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.23 | 31.10.22 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.23 | 31.10.22 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to participating interests | 13,440 | 11,695 |
| Taxation and social security |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| During the year Mr E M Henry held a loan account with the company. At the year end £5,591 (2022 - £5,591) was owed to the company . This loan was unsecured, interest free and repayable on demand. |
| During the year Mr M A Scott held a loan account with the company. At the year end £306,299 (2022 - £301,797) was owed to the director. This loan was unsecured, interest free and repayable on demand. |
| During the year Mr J P Weatherilt held a loan account with the company. At the year end £2,154 (2022 - £1,570) was owed to the director. This loan was unsecured, interest free and repayable on demand. |
| 3Ms Music Limited (Registered number: 09821805) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2023 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |