IRIS Accounts Production v23.3.0.418 05966812 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure059668122022-03-31059668122023-03-31059668122022-04-012023-03-31059668122021-03-31059668122021-04-012022-03-31059668122022-03-3105966812ns16:EnglandWales2022-04-012023-03-3105966812ns15:PoundSterling2022-04-012023-03-3105966812ns11:Director12022-04-012023-03-3105966812ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3105966812ns11:SmallEntities2022-04-012023-03-3105966812ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3105966812ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105966812ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105966812ns11:FullAccounts2022-04-012023-03-3105966812ns11:CompanySecretary12022-04-012023-03-3105966812ns11:RegisteredOffice2022-04-012023-03-3105966812ns6:CurrentFinancialInstruments2023-03-3105966812ns6:CurrentFinancialInstruments2022-03-3105966812ns6:ShareCapital2023-03-3105966812ns6:ShareCapital2022-03-3105966812ns6:RetainedEarningsAccumulatedLosses2023-03-3105966812ns6:RetainedEarningsAccumulatedLosses2022-03-3105966812ns6:PlantMachinery2022-03-3105966812ns6:PlantMachinery2022-04-012023-03-3105966812ns6:PlantMachinery2023-03-3105966812ns6:PlantMachinery2022-03-3105966812ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3105966812ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3105966812ns6:DeferredTaxation2022-03-3105966812ns6:DeferredTaxation2022-04-012023-03-3105966812ns6:DeferredTaxation2023-03-31
REGISTERED NUMBER: 05966812 (England and Wales)





























FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

FORWARD MUSIC & MEDIA LIMITED

FORWARD MUSIC & MEDIA LIMITED (REGISTERED NUMBER: 05966812)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FORWARD MUSIC & MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: M D Robin





SECRETARY: M A Nygate





REGISTERED OFFICE: 5 Market Place
London
W1W 8AE





REGISTERED NUMBER: 05966812 (England and Wales)





ACCOUNTANTS: Raffan and Golding
Chartered Accountants &
Chartered Tax Advisers
17 Short's Gardens
London
WC2H 9AT

FORWARD MUSIC & MEDIA LIMITED (REGISTERED NUMBER: 05966812)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 306

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 5 77,437 73,396
Cash at bank 19,532 5,984
107,969 90,380
CREDITORS
Amounts falling due within one year 6 40,018 39,780
NET CURRENT ASSETS 67,951 50,600
TOTAL ASSETS LESS CURRENT LIABILITIES 67,951 50,906

PROVISIONS FOR LIABILITIES 7 - 58
NET ASSETS 67,951 50,848

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,851 50,748
SHAREHOLDERS' FUNDS 67,951 50,848

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

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

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 director and authorised for issue on 26 October 2023 and were signed by:





M D Robin - Director


FORWARD MUSIC & MEDIA LIMITED (REGISTERED NUMBER: 05966812)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Forward Music & Media 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

FORWARD MUSIC & MEDIA LIMITED (REGISTERED NUMBER: 05966812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2022
and 31 March 2023 2,197
DEPRECIATION
At 1 April 2022 1,891
Charge for year 306
At 31 March 2023 2,197
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 57,567 69,104
Other debtors 19,870 4,292
77,437 73,396

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 16,773 10,765
Taxation and social security 4,547 5,793
Other creditors 18,698 23,222
40,018 39,780

7. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax - 58

Deferred tax
£
Balance at 1 April 2022 58
Credit to Income Statement during year (58 )
Balance at 31 March 2023 -

8. RELATED PARTY DISCLOSURES

Controlling party

Mr M D Robin, director, controls the company by virtue of a controlling interest of 100% of the issued ordinary share capital.