IRIS Accounts Production v23.3.0.418 08373234 director 1.5.21 30.4.22 30.4.22 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083732342021-04-30083732342022-04-30083732342021-05-012022-04-30083732342020-04-30083732342020-05-012021-04-30083732342021-04-3008373234ns10:Originalns15:EnglandWales2021-05-012022-04-3008373234ns14:PoundSterlingns10:Original2021-05-012022-04-3008373234ns10:Originalns10:Director12021-05-012022-04-3008373234ns10:Original2021-05-012022-04-3008373234ns10:Original2022-04-3008373234ns10:Originalns10:PrivateLimitedCompanyLtd2021-05-012022-04-3008373234ns10:Originalns10:SmallEntities2021-05-012022-04-3008373234ns10:Originalns10:AuditExempt-NoAccountantsReport2021-05-012022-04-3008373234ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3008373234ns10:SmallCompaniesRegimeForAccountsns10:Original2021-05-012022-04-3008373234ns10:Originalns10:FullAccounts2021-05-012022-04-3008373234ns10:Originalns10:OrdinaryShareClass12021-05-012022-04-3008373234ns10:Originalns10:RegisteredOffice2021-05-012022-04-3008373234ns10:Original2021-04-3008373234ns10:Originalns5:CurrentFinancialInstruments2022-04-3008373234ns10:Originalns5:CurrentFinancialInstruments2021-04-3008373234ns5:ShareCapitalns10:Original2022-04-3008373234ns5:ShareCapitalns10:Original2021-04-3008373234ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3008373234ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-04-3008373234ns10:Originalns5:ComputerEquipment2021-05-012022-04-3008373234ns10:Original2020-05-012021-04-3008373234ns10:Originalns5:ComputerEquipment2021-04-3008373234ns10:Originalns5:ComputerEquipment2022-04-3008373234ns10:Originalns5:ComputerEquipment2021-04-3008373234ns10:Originalns10:OrdinaryShareClass12022-04-30
REGISTERED NUMBER: 08373234 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

FOR

KUNDUN MUSIC PUBLISHING LTD

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KUNDUN MUSIC PUBLISHING LTD

COMPANY INFORMATION
for the Year Ended 30 APRIL 2022







DIRECTOR: G W Holmes





REGISTERED OFFICE: 61 Queen Square
Bristol
BS1 4JZ





REGISTERED NUMBER: 08373234 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

BALANCE SHEET
30 APRIL 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 5 5,995 6,139
Cash at bank 802 390
6,797 6,529
CREDITORS
Amounts falling due within one year 6 6,411 6,988
NET CURRENT ASSETS/(LIABILITIES) 386 (459 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

386

(459

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 385 (460 )
SHAREHOLDERS' FUNDS 386 (459 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

BALANCE SHEET - continued
30 APRIL 2022


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 8 November 2023 and were signed by:





G W Holmes - Director


KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2022

1. STATUTORY INFORMATION

Kundun Music Publishing 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is recognised when the income has been received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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.

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company may not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Going concern
The company is reliant upon the continued support of the director. The director has confirmed this support will continue to be provided for the foreseeable future to enable the company to pay it's debts as and when they fall due. The director has also confirmed that monies owed to him will not be demanded to be repaid until funds allow. Accordingly the director considers that the going concern basis, on which the financial statements have been prepared, continues to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2021 455
Disposals (455 )
At 30 April 2022 -
DEPRECIATION
At 1 May 2021 455
Eliminated on disposal (455 )
At 30 April 2022 -
NET BOOK VALUE
At 30 April 2022 -
At 30 April 2021 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 5,995 6,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Corporation tax 181 181
Director's current account 1,570 3,327
Accrued expenses 4,660 3,480
6,411 6,988

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1 Ordinary £1 1 1

KUNDUN MUSIC PUBLISHING LTD (REGISTERED NUMBER: 08373234)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2022

8. RELATED PARTY DISCLOSURES

G W Holmes

At the year end the company owed the director £1,570 (2021 - £3,327). This balance is unsecured, repayable on demand and does not attract any interest charge.

Kundun Limited

The company charged management charges of £Nil to Kundun Limited during the year (2021 - £12,000).

At the year end the company was owed £5,995 (2021 - £6,139) by Kundun Limited, a company with common directorship. This balance is unsecured, repayable on demand and does not attract any interest charge.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the director who owns 100% of the issued share capital.