IRIS Accounts Production v23.3.0.418 07954004 director 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079540042022-02-28079540042023-02-28079540042022-03-012023-02-28079540042021-02-28079540042021-03-012022-02-28079540042022-02-2807954004ns10:Originalns15:EnglandWales2022-03-012023-02-2807954004ns14:PoundSterlingns10:Original2022-03-012023-02-2807954004ns10:Originalns10:Director12022-03-012023-02-2807954004ns10:Original2022-03-012023-02-2807954004ns10:Original2023-02-2807954004ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807954004ns10:Originalns10:SmallEntities2022-03-012023-02-2807954004ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807954004ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807954004ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807954004ns10:Originalns10:AbridgedAccounts2022-03-012023-02-2807954004ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2807954004ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807954004ns10:Original2022-02-2807954004ns10:Originalns5:CurrentFinancialInstruments2023-02-2807954004ns10:Originalns5:CurrentFinancialInstruments2022-02-2807954004ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807954004ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807954004ns5:ShareCapitalns10:Original2023-02-2807954004ns5:ShareCapitalns10:Original2022-02-2807954004ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807954004ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807954004ns10:Originalns5:FurnitureFittings2022-03-012023-02-2807954004ns10:Original2021-03-012022-02-2807954004ns10:Original2022-02-2807954004ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 07954004 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

MAHARAJA MUSIC LTD

MAHARAJA MUSIC LTD (REGISTERED NUMBER: 07954004)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MAHARAJA MUSIC LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mr J S Kainth





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 07954004 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ

MAHARAJA MUSIC LTD (REGISTERED NUMBER: 07954004)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,090 32,612

CURRENT ASSETS
Debtors - 3,420
Cash at bank and in hand 21,632 16,099
21,632 19,519
CREDITORS
Amounts falling due within one year 58,627 62,264
NET CURRENT LIABILITIES (36,995 ) (42,745 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,905

)

(10,133

)

CREDITORS
Amounts falling due after more than one
year

5

4,833

6,833
NET LIABILITIES (15,738 ) (16,966 )

CAPITAL AND RESERVES
Called up share capital 6 10 10
Retained earnings (15,748 ) (16,976 )
SHAREHOLDERS' FUNDS (15,738 ) (16,966 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MAHARAJA MUSIC LTD (REGISTERED NUMBER: 07954004)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2023


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 1 September 2023 and were signed by:





Mr J S Kainth - Director


MAHARAJA MUSIC LTD (REGISTERED NUMBER: 07954004)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Maharaja Music Ltd 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 amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures fittings and equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 88,797
DEPRECIATION
At 1 March 2022 56,185
Charge for year 6,522
At 28 February 2023 62,707
NET BOOK VALUE
At 28 February 2023 26,090
At 28 February 2022 32,612

MAHARAJA MUSIC LTD (REGISTERED NUMBER: 07954004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
28.2.23 28.2.22
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 963 833

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
2 Ordinary shares £1 10 10