Little Concert Holding Limited - Period Ending 2016-09-30
Little Concert Holding Limited - Period Ending 2016-09-30
Registration number:
Little Concert Holding Limited
for the Period from 11 January 2016 to 30 September 2016
Unit 23 Canalot Studios
222 Kensal Rd
London
W10 5BN
Little Concert Holding Limited
Contents
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Company Information |
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Directors' Report |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
Little Concert Holding Limited
Company Information
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Directors |
Mr G Carloni Mr J B Pedersen |
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Registered office |
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Accountants |
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Page 1 |
Little Concert Holding Limited
Directors' Report for the Period from 11 January 2016 to 30 September 2016
The directors present their report and the financial statements for the period from 11 January 2016 to 30 September 2016.
Incorporation
The company was incorporated on
Directors of the company
The directors who held office during the period were as follows:
Principal activity
The principal activity of the company is holding of investments.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board on
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Mr J B Pedersen
Director
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Page 2 |
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Little Concert Holding Limited
for the Period Ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Little Concert Holding Limited for the period ended 30 September 2016 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Little Concert Holding Limited, as a body, in accordance with the terms of our engagement letter dated 11 January 2017. Our work has been undertaken solely to prepare for your approval the accounts of Little Concert Holding Limited and state those matters that we have agreed to state to the Board of Directors of Little Concert Holding Limited, as a body, in this report in accordance with
the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Little Concert Holding Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Little Concert Holding Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Little Concert Holding Limited. You consider that Little Concert Holding Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Little Concert Holding Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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222 Kensal Rd
London
W10 5BN
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Page 3 |
Little Concert Holding Limited
Profit and Loss Account for the Period from 11 January 2016 to 30 September 2016
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Note |
Total |
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Turnover |
- |
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Administrative expenses |
( |
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Operating loss |
( |
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Loss before tax |
( |
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Loss for the financial period |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the period other than the results above.
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Page 4 |
Little Concert Holding Limited
(Registration number: 09943932)
Balance Sheet as at 30 September 2016
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Note |
2016 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Profit and loss account |
( |
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Total equity |
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For the financial period ending 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Mr J B Pedersen
Director
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Page 5 |
Little Concert Holding Limited
Statement of Changes in Equity for the Period from 11 January 2016 to 30 September 2016
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Share capital |
Share premium |
Profit and loss account |
Total |
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At 11 January 2016 |
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- |
- |
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Loss for the period |
- |
- |
( |
( |
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Total comprehensive income |
- |
- |
( |
( |
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New share capital subscribed |
- |
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- |
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At 30 September 2016 |
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( |
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Page 6 |
Little Concert Holding Limited
Notes to the Financial Statements for the Period from 11 January 2016 to 30 September 2016
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General information |
The company is a private company limited by share capital incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Page 7 |
Little Concert Holding Limited
Notes to the Financial Statements for the Period from 11 January 2016 to 30 September 2016
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Debtors |
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Note |
2016 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
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Note |
2016 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Related party transactions |
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Transactions with directors |
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2016 |
At 11 January 2016 |
At 30 September 2016 |
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Mr J B Pedersen |
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Loan from director.Loan is on short terms basis repayable on demand. |
20,000 |
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Summary of transactions with parent
Bach Holding Company - Loan from parent company amount of £9,994.00.
Loan is on short terms basis repayable on demand. Outstanding balance at 30 September 2016 was £9,994.00.
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Page 8 |
Little Concert Holding Limited
Notes to the Financial Statements for the Period from 11 January 2016 to 30 September 2016
Summary of transactions with subsidiaries
Little Concert Operations UK Ltd - Loan to related party, amount of £46,381. Loan is on short terms basis repayable on demand. Outstanding balance at the year ended 30 September 2016 was £46,381.
Little Concert IP Ltd - Loan to related party , amount of £232,375. Loan is on short terms basis repayable on demand. Outstanding balance at the year ended 30 September 2016 was £232,375.
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Page 9 |