Rhythmtree Festival Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09555888 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2022 to 29 April 2023

for

Rhythmtree Festival Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr Burgess

Mr S A Colley

Mr M C Diffey

REGISTERED OFFICE:

13 The Courtyard

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NP

REGISTERED NUMBER:

09555888 (England and Wales)

ACCOUNTANTS:

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

CURRENT ASSETS

Debtors

4

1,942

18,567

Cash at bank and in hand

13,635

107,485

15,577

126,052

CREDITORS

Amounts falling due within one year

5

(64,518

)

(95,953

)

NET CURRENT (LIABILITIES)/ASSETS

(48,941

)

30,099

TOTAL ASSETS LESS CURRENT LIABILITIES

(48,941

)

30,099

CREDITORS

Amounts falling due after more than one year

6

(38,456

)

(43,990

)

NET LIABILITIES

(87,397

)

(13,891

)

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(87,447

)

(13,941

)

(87,397

)

(13,891

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:

Mr Burgess - Director

1.	STATUTORY INFORMATION

Rhythmtree Festival 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.23

30.4.22

£

£

Prepaid festival bands

-

6,500

Other Debtors

-

11,331

VAT

281

-

Prepayments

1,661

736

1,942

18,567

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.23

30.4.22

£

£

Bank loans and overdrafts

5,537

5,401

Loan to company

9,375

12,375

Trade creditors

27,649

53,322

VAT

-

3,738

Directors' current accounts

19,437

19,437

Accrued expenses

2,520

1,680

64,518

95,953

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.4.23

30.4.22

£

£

Bank loans - 1-2 years

5,676

5,536

Bank loans - 2-5 years

17,903

17,462

Bank loans more 5 yr by instal

14,877

20,992

38,456

43,990

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

14,877

20,992