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REGISTERED NUMBER: 11343457 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

DIALOG MUSIC LTD

DIALOG MUSIC LTD (REGISTERED NUMBER: 11343457)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


DIALOG MUSIC LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 May 2023







DIRECTOR: Mr T A Sandall





REGISTERED OFFICE: 41 Rodney Road
Cheltenham
United Kingdom
Gloucestershire
GL50 1HX





REGISTERED NUMBER: 11343457 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

DIALOG MUSIC LTD (REGISTERED NUMBER: 11343457)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,031 8,580

CURRENT ASSETS
Debtors 5 3,808 34,150
Cash at bank 2,164 27,679
5,972 61,829
CREDITORS
Amounts falling due within one year 6 37,860 60,785
NET CURRENT (LIABILITIES)/ASSETS (31,888 ) 1,044
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,857

)

9,624

PROVISIONS FOR LIABILITIES - 2,145
NET (LIABILITIES)/ASSETS (19,857 ) 7,479

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,957 ) 7,379
(19,857 ) 7,479

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 13 February 2024 and were signed by:





Mr T A Sandall - Director


DIALOG MUSIC LTD (REGISTERED NUMBER: 11343457)

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

1. STATUTORY INFORMATION

Dialog Music 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% 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 ) .

DIALOG MUSIC LTD (REGISTERED NUMBER: 11343457)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2022 11,597 871 - 12,468
Additions - 293 8,458 8,751
At 31 May 2023 11,597 1,164 8,458 21,219
DEPRECIATION
At 1 June 2022 3,735 153 - 3,888
Charge for year 2,540 281 2,479 5,300
At 31 May 2023 6,275 434 2,479 9,188
NET BOOK VALUE
At 31 May 2023 5,322 730 5,979 12,031
At 31 May 2022 7,862 718 - 8,580

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,660 34,080
Other debtors 148 70
3,808 34,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,976 68
Tax - 751
Social security and other taxes 88 (74 )
VAT 19,597 39,815
Directors' current accounts 14,849 18,935
Accrued expenses 1,350 1,290
37,860 60,785

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Mr T A Sandall
Balance outstanding at start of year (18,935 ) (30,112 )
Amounts advanced 16,286 77,564
Amounts repaid (12,200 ) (66,387 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,849 ) (18,935 )

This loan has no repayment terms and does not attract interest.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T A Sandall.