Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-012false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03421654 2022-04-01 2023-03-31 03421654 2021-04-01 2022-03-31 03421654 2023-03-31 03421654 2022-03-31 03421654 c:Director1 2022-04-01 2023-03-31 03421654 d:CurrentFinancialInstruments 2023-03-31 03421654 d:CurrentFinancialInstruments 2022-03-31 03421654 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03421654 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03421654 d:ShareCapital 2023-03-31 03421654 d:ShareCapital 2022-03-31 03421654 d:RetainedEarningsAccumulatedLosses 2023-03-31 03421654 d:RetainedEarningsAccumulatedLosses 2022-03-31 03421654 c:OrdinaryShareClass1 2022-04-01 2023-03-31 03421654 c:OrdinaryShareClass1 2023-03-31 03421654 c:OrdinaryShareClass1 2022-03-31 03421654 c:OrdinaryShareClass2 2022-04-01 2023-03-31 03421654 c:OrdinaryShareClass2 2023-03-31 03421654 c:OrdinaryShareClass2 2022-03-31 03421654 c:OrdinaryShareClass3 2022-04-01 2023-03-31 03421654 c:OrdinaryShareClass3 2023-03-31 03421654 c:OrdinaryShareClass3 2022-03-31 03421654 c:OrdinaryShareClass4 2022-04-01 2023-03-31 03421654 c:OrdinaryShareClass4 2023-03-31 03421654 c:OrdinaryShareClass4 2022-03-31 03421654 c:OrdinaryShareClass5 2022-04-01 2023-03-31 03421654 c:OrdinaryShareClass5 2023-03-31 03421654 c:OrdinaryShareClass5 2022-03-31 03421654 c:FRS102 2022-04-01 2023-03-31 03421654 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03421654 c:FullAccounts 2022-04-01 2023-03-31 03421654 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03421654 2 2022-04-01 2023-03-31 03421654 e:PoundSterling 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03421654














SUCCUBUS MUSIC LIMITED

 
UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
SUCCUBUS MUSIC LIMITED
REGISTERED NUMBER:03421654

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
5
5

  
5
5

Current assets
  

Debtors: amounts falling due within one year
 5 
457,509
992

Cash at bank
 6 
13,790,920
9,966,781

  
14,248,429
9,967,773

Creditors: amounts falling due within one year
 7 
(512,018)
(461,839)

Net current assets
  
 
 
13,736,411
 
 
9,505,934

Total assets less current liabilities
  
13,736,416
9,505,939

  

Net assets
  
13,736,416
9,505,939


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
13,736,316
9,505,839

  
13,736,416
9,505,939


Page 1

 
SUCCUBUS MUSIC LIMITED
REGISTERED NUMBER:03421654
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J P Page
Director

Date: 20 December 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SUCCUBUS MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Succubus Music Limited is a private company, limited by shares, registered in England and Wales, registration number 03421654. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of sound recording and music publishing activities.  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of  the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administration expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from sound recording and music publishing activities is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Royalties receivable are recognised at the year end date by the company.
Royalties payable are calculated by reference to statements of accounts used for determining royalties receivable.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SUCCUBUS MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Unlisted investments

£



Cost


At 1 April 2022
5



At 31 March 2023
5




Page 4

 
SUCCUBUS MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Other debtors
457,509
992



6.


Cash

2023
2022
£
£

Cash at bank
13,790,920
9,966,781



7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
12,482
7,884

Tax payable
454,179
411,252

Other creditors
45,357
42,703

512,018
461,839



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



9 (2022 - 9) Preference A shares shares of £1.00 each
9
9
9 (2022 - 9) Preference B shares shares of £1.00 each
9
9
9 (2022 - 9) Preference C shares shares of £1.00 each
9
9
9 (2022 - 9) Preference D shares shares of £1.00 each
9
9
9 (2022 - 9) Preference E shares shares of £1.00 each
9
9
55 (2022 - 55) Special shares shares of £1.00 each
55
55

100

100

 Each preference share carries rights to receive dividends. Each special share carries one voting right       and one voting right in respect of dividends.

 
Page 5