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REGISTERED NUMBER: 07624345 (England and Wales)















UK MUSIC MANAGEMENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023






UK MUSIC MANAGEMENT LIMITED (REGISTERED NUMBER: 07624345)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3 to 4


UK MUSIC MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: R J Weeden
Mrs C Weeden





REGISTERED OFFICE: 7-8 Nettleden Road
Nettleden
Hertfordshire
HP1 3DQ





REGISTERED NUMBER: 07624345 (England and Wales)





ACCOUNTANTS: Weaver Wroot
28 Dudley Street
Grimsby
N E Lincolnshire
DN31 2AB

UK MUSIC MANAGEMENT LIMITED (REGISTERED NUMBER: 07624345)

ABRIDGED BALANCE SHEET
31ST MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 404 2,368

CURRENT ASSETS
Debtors 141,467 18,873
Cash at bank 67,234 127,212
208,701 146,085
CREDITORS
Amounts falling due within one year 79,493 71,220
NET CURRENT ASSETS 129,208 74,865
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,612

77,233

PROVISIONS FOR LIABILITIES 80 450
NET ASSETS 129,532 76,783

CAPITAL AND RESERVES
Called up share capital 3 1
Retained earnings 129,529 76,782
SHAREHOLDERS' FUNDS 129,532 76,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th February 2024 and were signed on its behalf by:





R J Weeden - Director


UK MUSIC MANAGEMENT LIMITED (REGISTERED NUMBER: 07624345)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

UK Music Management Limited 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on cost
Computer equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st June 2022
and 31st May 2023 35,053
DEPRECIATION
At 1st June 2022 32,685
Charge for year 1,964
At 31st May 2023 34,649
NET BOOK VALUE
At 31st May 2023 404
At 31st May 2022 2,368

UK MUSIC MANAGEMENT LIMITED (REGISTERED NUMBER: 07624345)

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

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2023 and 31st May 2022:

31.5.23 31.5.22
£    £   
R J Weeden
Balance outstanding at start of year - -
Amounts advanced 128,292 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 128,292 -