Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31true2022-08-01falsemusic production11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08602201 2022-08-01 2023-07-31 08602201 2021-08-01 2022-07-31 08602201 2023-07-31 08602201 2022-07-31 08602201 c:Director1 2022-08-01 2023-07-31 08602201 d:PlantMachinery 2022-08-01 2023-07-31 08602201 d:PlantMachinery 2023-07-31 08602201 d:PlantMachinery 2022-07-31 08602201 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 08602201 d:OfficeEquipment 2022-08-01 2023-07-31 08602201 d:OfficeEquipment 2023-07-31 08602201 d:OfficeEquipment 2022-07-31 08602201 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 08602201 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 08602201 d:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 08602201 d:PatentsTrademarksLicencesConcessionsSimilar 2022-07-31 08602201 d:CurrentFinancialInstruments 2023-07-31 08602201 d:CurrentFinancialInstruments 2022-07-31 08602201 d:Non-currentFinancialInstruments 2023-07-31 08602201 d:Non-currentFinancialInstruments 2022-07-31 08602201 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 08602201 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 08602201 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 08602201 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 08602201 d:ShareCapital 2023-07-31 08602201 d:ShareCapital 2022-07-31 08602201 d:RetainedEarningsAccumulatedLosses 2023-07-31 08602201 d:RetainedEarningsAccumulatedLosses 2022-07-31 08602201 c:OrdinaryShareClass1 2022-08-01 2023-07-31 08602201 c:OrdinaryShareClass1 2023-07-31 08602201 c:OrdinaryShareClass1 2022-07-31 08602201 c:FRS102 2022-08-01 2023-07-31 08602201 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 08602201 c:FullAccounts 2022-08-01 2023-07-31 08602201 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 08602201 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-08-01 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 08602201














BIRD MUSIC LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

 
BIRD MUSIC LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
BIRD MUSIC LIMITED
REGISTERED NUMBER:08602201

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
3,043
5,032

Tangible assets
 5 
8,805
14,376

  
11,848
19,408

Current assets
  

Debtors: amounts falling due within one year
 6 
177
408

Bank and cash balances
  
500
1,780

  
677
2,188

Creditors: amounts falling due within one year
 7 
(4,724)
(2,374)

Net current liabilities
  
 
 
(4,047)
 
 
(186)

Total assets less current liabilities
  
7,801
19,222

Creditors: amounts falling due after more than one year
 8 
(1,265,146)
(1,238,146)

  

Net liabilities
  
(1,257,345)
(1,218,924)


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
  
(1,257,346)
(1,218,925)

  
(1,257,345)
(1,218,924)


Page 1

 
BIRD MUSIC LIMITED
REGISTERED NUMBER:08602201
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 her 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 statement of comprehensive income 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 Price
Director

Date: 16 April 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BIRD MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Bird Music Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. 

The principal activity of the company was that of the music production. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has provided an interest free loan to the company for an indefinite period and will provide additional loans if required to enable it to continue to trade for the foreseeable future. As a result the financial statements have been prepared on the going concern basis.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Plant and machinery
-
7 years straight line
Office equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

Page 3

 
BIRD MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

Debtors

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

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
BIRD MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Intangible assets




Patents

£



Cost


At 1 August 2022
19,891



At 31 July 2023

19,891



Amortisation


At 1 August 2022
14,859


Charge for the year on owned assets
1,989



At 31 July 2023

16,848



Net book value



At 31 July 2023
3,043



At 31 July 2022
5,032



Page 5

 
BIRD MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 August 2022
43,375
3,943
47,318



At 31 July 2023

43,375
3,943
47,318



Depreciation


At 1 August 2022
28,999
3,943
32,942


Charge for the year on owned assets
5,571
-
5,571



At 31 July 2023

34,570
3,943
38,513



Net book value



At 31 July 2023
8,805
-
8,805



At 31 July 2022
14,376
-
14,376


6.


Debtors

2023
2022
£
£


Other debtors
94
341

Prepayments and accrued income
83
67

177
408



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,294
-

Other creditors
5
50

Accruals and deferred income
2,425
2,324

4,724
2,374


Page 6

 
BIRD MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Director's loan
1,265,146
1,238,146



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1


 
Page 7