SOUPED UP RECORDS LIMITED

Company Registration Number:
13237822 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SOUPED UP RECORDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

SOUPED UP RECORDS LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Mr Mark Gaunt
Mr Benjamin Harris
Registered office: 78
Tiverton Drive
London
England
SE9 2BY
Company Registration Number: 13237822 (England and Wales)

SOUPED UP RECORDS LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The principal activity of the company in the year under review was that of Music Media Production & Record Label.

Political and charitable donations

Charitable donations were not made during the year. No contributions to political organisations were made during the year.

Company policy on the employment of disabled persons

It is the company’s policy to give employment to disabled persons wherever practicable.

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Mr Mark Gaunt
Mr Benjamin Harris

This report was approved by the board of directors on 2 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Mark Gaunt
Status: Director

Name: Mr Benjamin Harris
Status: Director

SOUPED UP RECORDS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 1,689
Cash at bank and in hand: 34,898 38,314
Total current assets: 36,587 38,314
Creditors: amounts falling due within one year: 6 ( 7,967 ) ( 571 )
Net current assets (liabilities): 28,620 37,743
Total assets less current liabilities: 28,620 37,743
Creditors: amounts falling due after more than one year: 7 ( 12,587 ) ( 9,788 )
Total net assets (liabilities): 16,033 27,955

The notes form part of these financial statements

SOUPED UP RECORDS LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 16,023 27,945
Shareholders funds: 16,033 27,955

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Mark Gaunt
Status: Director

Name: Mr Benjamin Harris
Status: Director

The notes form part of these financial statements

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales of services, excluded value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life.

    Fixture, fittings & equipment, Motor Vehicles and Office Equipment at 25% on Straight Line Basis

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023
    13 months to
    31 Mar 2022
    Average number of employees during the period 2 2

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£
13 months to
31 Mar 2022
£
Dividends paid 53,000 41,000

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£
13 months to
31 Mar 2022
£
Trade debtors 1,689
Total 1,689

Trade Debtors
2023 2022
£ £
Trade Debtors 1,689 0

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£
13 months to
31 Mar 2022
£
Trade creditors 7,967 571
Total 7,967 571

Creditors amount falling within one year
2023 2022
£ £
Trade Creditors 10,615 571
VAT Liability (2,648) 0
Total Creditors: amounts falling
due within one year 7,967 571

SOUPED UP RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year


2023
£
13 months to
31 Mar 2022
£
Other creditors 12,587 9,788
Total 12,587 9,788

Creditors amount falling more than one year
2023 2022
£ £
Directors Loan to the company 12,587 9,788