IRIS Accounts Production v23.1.0.753 05751552 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure057515522022-03-31057515522023-03-31057515522022-04-012023-03-31057515522021-03-31057515522021-04-012022-03-31057515522022-03-3105751552ns15:EnglandWales2022-04-012023-03-3105751552ns14:PoundSterling2022-04-012023-03-3105751552ns10:Director12022-04-012023-03-3105751552ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3105751552ns10:SmallEntities2022-04-012023-03-3105751552ns10:AuditExemptWithAccountantsReport2022-04-012023-03-3105751552ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105751552ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105751552ns10:FullAccounts2022-04-012023-03-3105751552ns10:Director22022-04-012023-03-3105751552ns10:Director32022-04-012023-03-3105751552ns10:RegisteredOffice2022-04-012023-03-3105751552ns5:CurrentFinancialInstruments2023-03-3105751552ns5:CurrentFinancialInstruments2022-03-3105751552ns5:ShareCapital2023-03-3105751552ns5:ShareCapital2022-03-3105751552ns5:RetainedEarningsAccumulatedLosses2023-03-3105751552ns5:RetainedEarningsAccumulatedLosses2022-03-3105751552ns5:ComputerEquipment2022-04-012023-03-3105751552ns5:MotorVehicles2022-03-3105751552ns5:ComputerEquipment2022-03-3105751552ns5:MotorVehicles2022-04-012023-03-3105751552ns5:MotorVehicles2023-03-3105751552ns5:ComputerEquipment2023-03-3105751552ns5:MotorVehicles2022-03-3105751552ns5:ComputerEquipment2022-03-3105751552ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105751552ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 05751552 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

CLUBCLASS MUSIC MANAGEMENT LTD

CLUBCLASS MUSIC MANAGEMENT LTD (REGISTERED NUMBER: 05751552)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

CLUBCLASS MUSIC MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: S Q Bienati
G R Firth
K M Harris





REGISTERED OFFICE: Maidstone TV Studios
Vinters Park
New Cut Road
Maidstone
Kent
ME14 5NZ





REGISTERED NUMBER: 05751552 (England and Wales)





ACCOUNTANTS: Stephen Hill Mid Kent Limited
31-33 Albion Place
Sittingbourne Road
Maidstone
Kent
ME14 5DZ

CLUBCLASS MUSIC MANAGEMENT LTD (REGISTERED NUMBER: 05751552)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,606 8,054

CURRENT ASSETS
Debtors 5 116,667 211,103
Cash at bank 1,606,701 891,051
1,723,368 1,102,154
CREDITORS
Amounts falling due within one year 6 916,560 481,623
NET CURRENT ASSETS 806,808 620,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

816,414

628,585

PROVISIONS FOR LIABILITIES 1,825 1,530
NET ASSETS 814,589 627,055

CAPITAL AND RESERVES
Called up share capital 3,003 3,000
Retained earnings 811,586 624,055
SHAREHOLDERS' FUNDS 814,589 627,055

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 directors acknowledge their 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.

CLUBCLASS MUSIC MANAGEMENT LTD (REGISTERED NUMBER: 05751552)

BALANCE SHEET - continued
31 MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





G R Firth - Director


CLUBCLASS MUSIC MANAGEMENT LTD (REGISTERED NUMBER: 05751552)

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

1. STATUTORY INFORMATION

Clubclass Music Management 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 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.
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 - 14,092 14,092
Additions 1,840 2,915 4,755
At 31 March 2023 1,840 17,007 18,847
DEPRECIATION
At 1 April 2022 - 6,038 6,038
Charge for year 460 2,743 3,203
At 31 March 2023 460 8,781 9,241
NET BOOK VALUE
At 31 March 2023 1,380 8,226 9,606
At 31 March 2022 - 8,054 8,054

CLUBCLASS MUSIC MANAGEMENT LTD (REGISTERED NUMBER: 05751552)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 550 77,689
Other debtors 116,117 133,414
116,667 211,103

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 312,432 143,310
Taxation and social security 329,985 152,537
Other creditors 274,143 185,776
916,560 481,623

7. OFF-BALANCE SHEET ARRANGEMENTS

The company has several operating lease £82,984 of which is due within the next 12 months and £169,636 due thereafter.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLUBCLASS MUSIC MANAGEMENT LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clubclass Music Management Ltd for the year ended 31 March 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Clubclass Music Management Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clubclass Music Management Ltd and state those matters that we have agreed to state to the Board of Directors of Clubclass Music Management Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clubclass Music Management Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clubclass Music Management Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clubclass Music Management Ltd. You consider that Clubclass Music Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clubclass Music Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stephen Hill Mid Kent Limited
31-33 Albion Place
Sittingbourne Road
Maidstone
Kent
ME14 5DZ


9 November 2023