Silverfin false 30/04/2023 01/05/2022 30/04/2023 Mr Derek Dick 02/11/1988 20 October 2023 The principle activity of the company during the financial year continued to be that of music publishing. 02307291 2023-04-30 02307291 bus:Director1 2023-04-30 02307291 core:CurrentFinancialInstruments 2023-04-30 02307291 core:CurrentFinancialInstruments 2022-04-30 02307291 2022-04-30 02307291 core:ShareCapital 2023-04-30 02307291 core:ShareCapital 2022-04-30 02307291 core:RetainedEarningsAccumulatedLosses 2023-04-30 02307291 core:RetainedEarningsAccumulatedLosses 2022-04-30 02307291 bus:OrdinaryShareClass1 2023-04-30 02307291 2022-05-01 2023-04-30 02307291 bus:FullAccounts 2022-05-01 2023-04-30 02307291 bus:SmallEntities 2022-05-01 2023-04-30 02307291 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 02307291 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 02307291 bus:Director1 2022-05-01 2023-04-30 02307291 2021-05-01 2022-04-30 02307291 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 02307291 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 02307291 (England and Wales)

FISHY MUSIC LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2023
PAGES FOR FILING WITH THE REGISTRAR

FISHY MUSIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2023

Contents

FISHY MUSIC LIMITED

BALANCE SHEET

AS AT 30 APRIL 2023
FISHY MUSIC LIMITED

BALANCE SHEET (continued)

AS AT 30 APRIL 2023
2023 2022
£ £
Current assets
Debtors 3 1,672 1,672
Cash at bank and in hand 44,905 41,614
46,577 43,286
Creditors: amounts falling due within one year 4 ( 22,971) ( 23,157)
Net current assets 23,606 20,129
Total assets less current liabilities 23,606 20,129
Net assets 23,606 20,129
Capital and reserves
Called-up share capital 5 2 2
Profit and loss account 23,604 20,127
Total shareholders' funds 23,606 20,129

For the financial year ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Fishy Music Limited (registered number: 02307291) were approved and authorised for issue by the Director on 20 October 2023. They were signed on its behalf by:

Mr Derek Dick
Director
FISHY MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2023
FISHY MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Fishy Music Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Johnston Carmichael LLP Birchin Court, 20 Birchin Lane, London, EC3V 9DU, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2023 2022
£ £
Other debtors 1,672 1,672

4. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 972 650
Other creditors 21,999 22,507
22,971 23,157

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
200 Ordinary shares of £ 0.01 each 2 2