ACCOUNTS - Final Accounts preparation

R&S MUSICAL UK LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2018-04-302018-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2017-09-08 10952880 2017-09-07 10952880 2017-09-08 2018-04-30 10952880 2018-04-30 10952880 c:Director1 2017-09-08 2018-04-30 10952880 d:CurrentFinancialInstruments 2018-04-30 10952880 d:Non-currentFinancialInstruments 2018-04-30 10952880 d:CurrentFinancialInstruments d:WithinOneYear 2018-04-30 10952880 d:ShareCapital 2018-04-30 10952880 c:FRS102 2017-09-08 2018-04-30 10952880 c:AuditExempt-NoAccountantsReport 2017-09-08 2018-04-30 10952880 c:FullAccounts 2017-09-08 2018-04-30 10952880 c:PrivateLimitedCompanyLtd 2017-09-08 2018-04-30 10952880 d:Subsidiary1 2018-04-30 10952880 d:Subsidiary1 2017-09-08 2018-04-30 10952880 d:Subsidiary1 1 2017-09-08 2018-04-30 iso4217:GBP xbrli:pure

Registered number: 10952880

R&S MUSICAL UK LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2018

R&S MUSICAL UK LIMITED

REGISTERED NUMBER: 10952880

BALANCE SHEET

AS AT 30 APRIL 2018

		2018
Note		£

Fixed assets
Investments		1
		1
Current assets
Current asset investments	29,773
	29,773
Creditors: amounts falling due within one year	(29,773)
Net current assets		-
Total assets less current liabilities		1

Net assets		1

Capital and reserves
Called up share capital			1
			1

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 October 2018.

D S Adkin

Director

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R&S MUSICAL UK LIMITED

REGISTERED NUMBER: 10952880

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2018

The notes on pages 3 to 5 form part of these financial statements.

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R&S MUSICAL UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2018

1.	General information

R&S Musical UK Limited is a private company limited by shares and incorporated in England. The address of the registered office is Regina House, 124 Finchley Road, London NW3 5JS and its principal place of business is Powys Grove, Banbury, Oxon, OX16 0UG.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Fixed asset investments

Investments in subsidiaries are measured at cost less impairment.

2.3

Current asset investments

Current asset investments comprise investments in productions and are recognised at the recoupable amount at the reporting date being amount invested less amounts recovered plus anticipated profits and after making provision for losses where recovery of outstanding investments in full is not anticipated.

2.4

Creditors

Short term creditors are measured at the transaction price.

2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Employees

The average monthly number of employees, including directors, during the period was 2.

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R&S MUSICAL UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2018

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	1
	At 30 April 2018	1

	Net book value
	At 30 April 2018	1

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Country of incorporation	Class of shares	Holding	Principal activity

R&S Musical Production Limited

United Kingdom

Ordinary

100%

Theatrical production

	The aggregate of the share capital and reserves as at 30 April 2018 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
		Aggregate of share capital and reserves
		£

	R&S Musical Production Limited	1
		1

5.	Current asset investments
		2018
		£

	Investment in theatrical productions	29,773
		29,773

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R&S MUSICAL UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2018

6.	Creditors: Amounts falling due within one year
		2018
		£

	Amounts owed to group undertakings	29,773
		29,773

7.	Related party transactions

During the period the company provided production funding of £196,358 to its subsidiary, R&S Musical Production Limited of which £166,564 has been written off as non-recoupable. At the reporting date £29,773 is included in the current asset investments as recoupable from R&S Musical Production Limited.
During the period the company received production funding of £196,338 from its parent company, R&S
Musical Development LLC. At the reporting date, creditors include £29,773 due to R&S Musical Development LLC.

8.	Controlling party

The immediate and ultimate parent undertaking is R&S Musical Development LLC, an entity incorporated in the United States of America. The ultimate controlling party is Mr A Mittelman.

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