Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-01-01false11DJ Servicestruetrue 09569910 2022-01-01 2022-12-31 09569910 2021-01-01 2021-12-31 09569910 2022-12-31 09569910 2021-12-31 09569910 c:Director1 2022-01-01 2022-12-31 09569910 d:CurrentFinancialInstruments 2022-12-31 09569910 d:CurrentFinancialInstruments 2021-12-31 09569910 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09569910 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09569910 d:ShareCapital 2022-12-31 09569910 d:ShareCapital 2021-12-31 09569910 d:RetainedEarningsAccumulatedLosses 2022-12-31 09569910 d:RetainedEarningsAccumulatedLosses 2021-12-31 09569910 c:FRS102 2022-01-01 2022-12-31 09569910 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09569910 c:FullAccounts 2022-01-01 2022-12-31 09569910 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09569910 e:PoundSterling 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 09569910










MILTON MUSIC MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
MILTON MUSIC MANAGEMENT LIMITED
REGISTERED NUMBER: 09569910

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note

  

Current assets
  

Debtors: amounts falling due within one year
 4 
13,780
13,780

Cash at bank and in hand
 5 
3,857
3,961

  
17,637
17,741

Creditors: amounts falling due within one year
 6 
(27,755)
(25,491)

Net current liabilities
  
 
 
(10,118)
 
 
(7,750)

Total assets less current liabilities
  
(10,118)
(7,750)

  

Net liabilities
  
(10,118)
(7,750)


Capital and reserves
  

Called up share capital 
  
13,780
13,780

Profit and loss account
  
(23,898)
(21,530)

  
(10,118)
(7,750)


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 his 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 on 20 October 2023.




................................................
Mr F Iodice Delgado
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
MILTON MUSIC MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Milton Music Management Limited is a private company limited by share capital, incorporated in England and Wales, registration number 09569910. The address of the registered office is 5th Floor, 7-10 Chandos Street London, W1G 9DQ.

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

Turnover

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

 
2.3

Going concern

The Company has a deficit on its balance sheet and is reliant upon the continuing support of its shareholders. On the basis that the shareholders have indicated that they are willing to support the company for the foreseeable future, the director considers it appropriate to prepare financial statements on the going concern basis.

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euros.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
MILTON MUSIC MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Debtors

2022
2021


Called up share capital not paid
13,780
13,780

13,780
13,780



5.


Cash and cash equivalents

2022
2021

Cash at bank and in hand
3,857
3,961

3,857
3,961



6.


Creditors: Amounts falling due within one year

2022
2021

Other creditors
20,966
20,965

Accruals and deferred income
6,789
4,526

27,755
25,491


Page 3

 
MILTON MUSIC MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

7.


Related party transactions

At the year end the the balance due to the shareholders was €16,621 (2021: €16,621), the loan was interest free.

 
Page 4