IRIS Accounts Production v23.2.0.158 06727615 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067276152022-01-31067276152023-01-31067276152022-02-012023-01-31067276152021-01-31067276152021-02-012022-01-31067276152022-01-3106727615ns10:Originalns15:EnglandWales2022-02-012023-01-3106727615ns14:PoundSterlingns10:Original2022-02-012023-01-3106727615ns10:Originalns10:Director12022-02-012023-01-3106727615ns10:Original2022-02-012023-01-3106727615ns10:Original2023-01-3106727615ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3106727615ns10:Originalns10:SmallEntities2022-02-012023-01-3106727615ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3106727615ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3106727615ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3106727615ns10:Originalns10:FullAccounts2022-02-012023-01-3106727615ns10:Original12022-02-012023-01-3106727615ns10:Originalns10:Director22022-02-012023-01-3106727615ns10:Originalns10:RegisteredOffice2022-02-012023-01-3106727615ns10:Original2022-01-3106727615ns10:Originalns5:CurrentFinancialInstruments2023-01-3106727615ns10:Originalns5:CurrentFinancialInstruments2022-01-3106727615ns5:ShareCapitalns10:Original2023-01-3106727615ns5:ShareCapitalns10:Original2022-01-3106727615ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3106727615ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3106727615ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-02-012023-01-3106727615ns10:Original2021-02-012022-01-3106727615ns10:Originalns5:NetGoodwill2022-01-3106727615ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-01-3106727615ns10:Original2022-01-3106727615ns10:Originalns5:NetGoodwill2023-01-3106727615ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-01-3106727615ns10:Originalns5:NetGoodwill2022-01-3106727615ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-01-3106727615ns10:Originalns5:PlantMachinery2022-01-3106727615ns10:Originalns5:PlantMachinery2022-02-012023-01-3106727615ns10:Originalns5:PlantMachinery2023-01-3106727615ns10:Originalns5:PlantMachinery2022-01-3106727615ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3106727615ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3106727615ns10:Original1ns10:Director12022-01-3106727615ns10:Original1ns10:Director12021-01-3106727615ns10:Original1ns10:Director12022-02-012023-01-3106727615ns10:Original1ns10:Director12021-02-012022-01-3106727615ns10:Original1ns10:Director12023-01-3106727615ns10:Original1ns10:Director12022-01-310672761512022-02-012023-01-31
REGISTERED NUMBER: 06727615 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Gouldman Music Limited

Gouldman Music Limited (Registered number: 06727615)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gouldman Music Limited

Company Information
for the year ended 31 January 2023







DIRECTORS: G K Gouldman
Mrs A Gouldman





REGISTERED OFFICE: 14 Grosvenor Court
Foregate Street
Chester
Cheshire
CH1 1HG





REGISTERED NUMBER: 06727615 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
14 Grosvenor Court
Foregate Street
Chester
Cheshire
CH1 1HG

Gouldman Music Limited (Registered number: 06727615)

Balance Sheet
31 January 2023

2023 2022
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,110 32,994
28,110 32,994

CURRENT ASSETS
Debtors 6 417,863 210,910
Investments 7 40,500 -
Cash at bank 168,382 91,909
626,745 302,819
CREDITORS
Amounts falling due within one year 8 (120,478 ) (28,739 )
NET CURRENT ASSETS 506,267 274,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

534,377

307,074

PROVISIONS FOR LIABILITIES (7,028 ) (6,269 )
NET ASSETS 527,349 300,805

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 527,249 300,705
SHAREHOLDERS' FUNDS 527,349 300,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Gouldman Music Limited (Registered number: 06727615)

Balance Sheet - continued
31 January 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





G K Gouldman - Director


Gouldman Music Limited (Registered number: 06727615)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Gouldman Music 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.

Turnover
Turnover represents sales of goods delivered and services provided in the period, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognisation, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Copyrights have been amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are included at cost less accumulated depreciation. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 15 % reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Gouldman Music Limited (Registered number: 06727615)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£ £ £
COST
At 1 February 2022
and 31 January 2023 350,000 1,000 351,000
AMORTISATION
At 1 February 2022
and 31 January 2023 350,000 1,000 351,000
NET BOOK VALUE
At 31 January 2023 - - -
At 31 January 2022 - - -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 February 2022 75,186
Additions 1,143
At 31 January 2023 76,329
DEPRECIATION
At 1 February 2022 42,192
Charge for year 6,027
At 31 January 2023 48,219
NET BOOK VALUE
At 31 January 2023 28,110
At 31 January 2022 32,994

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 11,632 11,631
Other debtors 406,231 199,279
417,863 210,910

7. CURRENT ASSET INVESTMENTS
2023 2022
£ £
Other 40,500 -

Gouldman Music Limited (Registered number: 06727615)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 33,052 1,599
Taxation and social security 73,391 20,432
Other creditors 14,035 6,708
120,478 28,739

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£ £
G K Gouldman
Balance outstanding at start of year 132,976 244,314
Amounts advanced 200,097 10,210
Amounts repaid (10,450 ) (121,548 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 322,623 132,976

The above advances are unsecured, interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

During the two years ended 31 January 2023 Mr G K Gouldman, the director, controlled the company by virtue of owning the majority of the issued share capital.