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REGISTERED NUMBER: 10268205 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Theodore Music Limited

Theodore Music Limited (Registered number: 10268205)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Theodore Music Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: T W Stanford
D Bass
G A Hattingh
D H Bastyra





REGISTERED OFFICE: 4d Printing House Yard
Hackney Road
London
E2 7PR





REGISTERED NUMBER: 10268205 (England and Wales)





ACCOUNTANTS: Shaw Accounting Services Limited
14 Amherst Avenue
London
W13 8NQ

Theodore Music Limited (Registered number: 10268205)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,120 16,335

CURRENT ASSETS
Debtors 5 455,197 140,853
Cash at bank 757,509 1,283,009
1,212,706 1,423,862
CREDITORS
Amounts falling due within one year 6 352,866 177,869
NET CURRENT ASSETS 859,840 1,245,993
TOTAL ASSETS LESS CURRENT
LIABILITIES

870,960

1,262,328

PROVISIONS FOR LIABILITIES 2,780 3,105
NET ASSETS 868,180 1,259,223

CAPITAL AND RESERVES
Called up share capital 7 60 60
Retained earnings 868,120 1,259,163
SHAREHOLDERS' FUNDS 868,180 1,259,223

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

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

Theodore Music Limited (Registered number: 10268205)

Balance Sheet - continued
31 July 2023


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 Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by:




D Bass - Director



G A Hattingh - Director


Theodore Music Limited (Registered number: 10268205)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Theodore Music 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 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 etc - 33% on cost and 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

Theodore Music Limited (Registered number: 10268205)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 40,002
Additions 9,882
At 31 July 2023 49,884
DEPRECIATION
At 1 August 2022 23,667
Charge for year 15,097
At 31 July 2023 38,764
NET BOOK VALUE
At 31 July 2023 11,120
At 31 July 2022 16,335

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 422,456 78,981
Amounts owed by group undertakings 27,941 61,872
Other debtors 4,800 -
455,197 140,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 179,416 20,630
Taxation and social security 165,456 147,697
Other creditors 7,994 9,542
352,866 177,869

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
60 Ordinary £1 60 60