Company Registration No. 10230393 (England and Wales)
Funky Fly Music Ltd
Unaudited accounts
for the year ended 30 June 2023
Funky Fly Music Ltd
Unaudited accounts
Contents
Funky Fly Music Ltd
Company Information
for the year ended 30 June 2023
Company Number
10230393 (England and Wales)
Registered Office
41 Queens Court
Liverpool Road
Kingston Upon Thames
Surrey
KT2 7SY
United Kingdom
Funky Fly Music Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
2,791
2,027
Cash at bank and in hand
25,483
18,959
Creditors: amounts falling due within one year
(45,811)
(28,354)
Net current assets
10,355
4,140
Profit and loss account
13,146
6,167
Shareholders' funds
13,146
6,167
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2023 and were signed on its behalf by
Kerstan Mackness
Director
Company Registration No. 10230393
Funky Fly Music Ltd
Notes to the Accounts
for the year ended 30 June 2023
Funky Fly Music Ltd is a private company, limited by shares, registered in England and Wales, registration number 10230393. The registered office is 41 Queens Court, Liverpool Road, Kingston Upon Thames, Surrey, KT2 7SY, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2022
9,726
-
9,726
At 30 June 2023
12,484
704
13,188
At 1 July 2022
7,699
-
7,699
Charge for the year
2,463
235
2,698
At 30 June 2023
10,162
235
10,397
At 30 June 2023
2,322
469
2,791
At 30 June 2022
2,027
-
2,027
Funky Fly Music Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
12,105
3,649
Other debtors
18,574
9,886
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,150
2,974
Taxes and social security
16,340
9,136
Other creditors
20,258
4,852
Loans from directors
63
358
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Average number of employees
During the year the average number of employees was 2 (2022: 1).