Acorah Software Products - Accounts Production 14.5.601 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 05169280 Mr Damian Crawford Mr Terry Neale Mr Terry Neale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05169280 2022-07-31 05169280 2023-07-31 05169280 2022-08-01 2023-07-31 05169280 frs-core:CurrentFinancialInstruments 2023-07-31 05169280 frs-core:PlantMachinery 2023-07-31 05169280 frs-core:PlantMachinery 2022-08-01 2023-07-31 05169280 frs-core:PlantMachinery 2022-07-31 05169280 frs-core:ShareCapital 2023-07-31 05169280 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 05169280 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 05169280 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 05169280 frs-bus:SmallEntities 2022-08-01 2023-07-31 05169280 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 05169280 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 05169280 frs-bus:Director1 2022-08-01 2023-07-31 05169280 frs-bus:Director2 2022-08-01 2023-07-31 05169280 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 05169280 frs-countries:EnglandWales 2022-08-01 2023-07-31 05169280 2021-07-31 05169280 2022-07-31 05169280 2021-08-01 2022-07-31 05169280 frs-core:CurrentFinancialInstruments 2022-07-31 05169280 frs-core:ShareCapital 2022-07-31 05169280 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 05169280
PSP Music Limited
Financial Statements
For The Year Ended 31 July 2023
Adams & Moore Ltd
Adams & Moore House
Instone Road
Dartford
DA1 2AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05169280
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 103
- 103
CURRENT ASSETS
Cash at bank and in hand 16 16
16 16
Creditors: Amounts Falling Due Within One Year 5 (17,572 ) (14,825 )
NET CURRENT ASSETS (LIABILITIES) (17,556 ) (14,809 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,556 ) (14,706 )
NET LIABILITIES (17,556 ) (14,706 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account (17,558 ) (14,708 )
SHAREHOLDERS' FUNDS (17,556) (14,706)
Page 1
Page 2
For the year ending 31 July 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Terry Neale
Director
15/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PSP Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05169280 . The registered office is 77 Plumstead Common Road, Woolwich, London, SE18 3AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

However, Company needs to be supported by its directors in order to continue in business.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was  2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2022 2,350
As at 31 July 2023 2,350
Depreciation
As at 1 August 2022 2,247
Provided during the period 103
As at 31 July 2023 2,350
Net Book Value
As at 31 July 2023 -
As at 1 August 2022 103
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 720 -
Accruals and deferred income 720 1,006
Directors' loan accounts 16,132 13,819
17,572 14,825
Page 3
Page 4
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4