2021-11-182022-11-302022-11-30false13751381WAMA MUSIC LTD2023-11-0790010iso4217:GBPxbrli:pure137513812021-11-18137513812022-11-30137513812021-11-182022-11-30137513812021-11-17137513812021-11-17137513812021-11-172021-11-1713751381bus:SmallEntities2021-11-182022-11-3013751381bus:AuditExempt-NoAccountantsReport2021-11-182022-11-3013751381bus:FullAccounts2021-11-182022-11-3013751381bus:PrivateLimitedCompanyLtd2021-11-182022-11-3013751381core:WithinOneYear2022-11-3013751381core:AfterOneYear2022-11-3013751381core:WithinOneYear2021-11-1713751381core:AfterOneYear2021-11-1713751381core:ShareCapital2022-11-3013751381core:SharePremium2022-11-3013751381core:RevaluationReserve2022-11-3013751381core:OtherReservesSubtotal2022-11-3013751381core:RetainedEarningsAccumulatedLosses2022-11-3013751381core:ShareCapital2021-11-1713751381core:SharePremium2021-11-1713751381core:RevaluationReserve2021-11-1713751381core:OtherReservesSubtotal2021-11-1713751381core:RetainedEarningsAccumulatedLosses2021-11-1713751381core:LandBuildings2022-11-3013751381core:PlantMachinery2022-11-3013751381core:Vehicles2022-11-3013751381core:FurnitureFittings2022-11-3013751381core:OfficeEquipment2022-11-3013751381core:NetGoodwill2022-11-3013751381core:IntangibleAssetsOtherThanGoodwill2022-11-3013751381core:ListedExchangeTraded2022-11-3013751381core:UnlistedNon-exchangeTraded2022-11-3013751381core:LandBuildings2021-11-1713751381core:PlantMachinery2021-11-1713751381core:Vehicles2021-11-1713751381core:FurnitureFittings2021-11-1713751381core:OfficeEquipment2021-11-1713751381core:NetGoodwill2021-11-1713751381core:IntangibleAssetsOtherThanGoodwill2021-11-1713751381core:ListedExchangeTraded2021-11-1713751381core:UnlistedNon-exchangeTraded2021-11-1713751381core:LandBuildings2021-11-182022-11-3013751381core:PlantMachinery2021-11-182022-11-3013751381core:Vehicles2021-11-182022-11-3013751381core:FurnitureFittings2021-11-182022-11-3013751381core:OfficeEquipment2021-11-182022-11-3013751381core:NetGoodwill2021-11-182022-11-3013751381core:IntangibleAssetsOtherThanGoodwill2021-11-182022-11-3013751381core:ListedExchangeTraded2021-11-182022-11-3013751381core:UnlistedNon-exchangeTraded2021-11-182022-11-3013751381core:MoreThanFiveYears2021-11-182022-11-3013751381core:Non-currentFinancialInstruments2022-11-3013751381core:Non-currentFinancialInstruments2021-11-1713751381dpl:CostSales2021-11-182022-11-3013751381dpl:DistributionCosts2021-11-182022-11-3013751381core:LandBuildings2021-11-182022-11-3013751381core:PlantMachinery2021-11-182022-11-3013751381core:Vehicles2021-11-182022-11-3013751381core:FurnitureFittings2021-11-182022-11-3013751381core:OfficeEquipment2021-11-182022-11-3013751381dpl:AdministrativeExpenses2021-11-182022-11-3013751381core:NetGoodwill2021-11-182022-11-3013751381core:IntangibleAssetsOtherThanGoodwill2021-11-182022-11-3013751381dpl:GroupUndertakings2021-11-182022-11-3013751381dpl:ParticipatingInterests2021-11-182022-11-3013751381dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-182022-11-3013751381core:ListedExchangeTraded2021-11-182022-11-3013751381dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-182022-11-3013751381core:UnlistedNon-exchangeTraded2021-11-182022-11-3013751381dpl:CostSales2021-11-172021-11-1713751381dpl:DistributionCosts2021-11-172021-11-1713751381core:LandBuildings2021-11-172021-11-1713751381core:PlantMachinery2021-11-172021-11-1713751381core:Vehicles2021-11-172021-11-1713751381core:FurnitureFittings2021-11-172021-11-1713751381core:OfficeEquipment2021-11-172021-11-1713751381dpl:AdministrativeExpenses2021-11-172021-11-1713751381core:NetGoodwill2021-11-172021-11-1713751381core:IntangibleAssetsOtherThanGoodwill2021-11-172021-11-1713751381dpl:GroupUndertakings2021-11-172021-11-1713751381dpl:ParticipatingInterests2021-11-172021-11-1713751381dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-172021-11-1713751381core:ListedExchangeTraded2021-11-172021-11-1713751381dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-172021-11-1713751381core:UnlistedNon-exchangeTraded2021-11-172021-11-1713751381core:NetGoodwill2022-11-3013751381core:IntangibleAssetsOtherThanGoodwill2022-11-3013751381core:LandBuildings2022-11-3013751381core:PlantMachinery2022-11-3013751381core:Vehicles2022-11-3013751381core:FurnitureFittings2022-11-3013751381core:OfficeEquipment2022-11-3013751381core:AfterOneYear2022-11-3013751381core:WithinOneYear2022-11-3013751381core:ListedExchangeTraded2022-11-3013751381core:UnlistedNon-exchangeTraded2022-11-3013751381core:ShareCapital2022-11-3013751381core:SharePremium2022-11-3013751381core:RevaluationReserve2022-11-3013751381core:OtherReservesSubtotal2022-11-3013751381core:RetainedEarningsAccumulatedLosses2022-11-3013751381core:NetGoodwill2021-11-1713751381core:IntangibleAssetsOtherThanGoodwill2021-11-1713751381core:LandBuildings2021-11-1713751381core:PlantMachinery2021-11-1713751381core:Vehicles2021-11-1713751381core:FurnitureFittings2021-11-1713751381core:OfficeEquipment2021-11-1713751381core:AfterOneYear2021-11-1713751381core:WithinOneYear2021-11-1713751381core:ListedExc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WAMA MUSIC LTD

Registered Number
13751381
(England and Wales)

Unaudited Financial Statements for the Period ended
30 November 2022

WAMA MUSIC LTD
Company Information
for the period from 18 November 2021 to 30 November 2022

Director

AMOAKU, Winifried

Registered Address

101 New Cavendish Street
First Floor South
London
W1W 6XH

Registered Number

13751381 (England and Wales)
WAMA MUSIC LTD
Balance Sheet as at
30 November 2022

Notes

2022

£

£

Fixed assets
Intangible assets536
36
Current assets
Cash at bank and on hand3,105
3,105
Creditors amounts falling due within one year6(14,161)
Net current assets (liabilities)(11,056)
Total assets less current liabilities(11,020)
Net assets(11,020)
Capital and reserves
Profit and loss account(11,020)
Shareholders' funds(11,020)
The financial statements were approved and authorised for issue by the Director on 7 November 2023, and are signed on its behalf by:
AMOAKU, Winifried
Director
Registered Company No. 13751381
WAMA MUSIC LTD
Notes to the Financial Statements
for the period ended 30 November 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Intangible assets policy
Intangible assets consisting of digital assets held for investment are determined to have an indefinite useful economic life. These assets are therefore not amortised but are reviewed and tested for impairment on a regular basis. FRS 102 states that all intangible assets are deemed to have a finite life. Therefore to apply definite life requires a true and fair override of FRS 102. Indefinite life best reflects the substance of digital assets.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

2022
Average number of employees during the year1
5.Intangible assets

Other

Total

££
Cost or valuation
Additions3636
At 30 November 223636
Net book value
At 30 November 223636
At 17 November 21--
6.Creditors within one year

2022

£
Other creditors11,911
Accrued liabilities and deferred income2,250
Total14,161
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.