2022-11-01 2023-10-31 false Capium Accounts Production 1.1 12922243 bus:FullAccounts 2022-11-01 2023-10-31 12922243 bus:FRS102 2022-11-01 2023-10-31 12922243 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12922243 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12922243 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12922243 2022-11-01 2023-10-31 12922243 2023-10-31 12922243 bus:RegisteredOffice 2022-11-01 2023-10-31 12922243 core:WithinOneYear 2023-10-31 12922243 core:AfterOneYear 2023-10-31 12922243 bus:Director1 2022-11-01 2023-10-31 12922243 bus:Director1 2023-10-31 12922243 bus:Director1 2021-11-01 2022-10-31 12922243 2021-11-01 12922243 bus:CompanySecretary1 2022-11-01 2023-10-31 12922243 bus:LeadAgentIfApplicable 2022-11-01 2023-10-31 12922243 2021-11-01 2022-10-31 12922243 2022-10-31 12922243 core:WithinOneYear 2022-10-31 12922243 core:AfterOneYear 2022-10-31 12922243 bus:EntityAccountantsOrAuditors 2021-11-01 2022-10-31 12922243 core:PlantMachinery 2022-11-01 2023-10-31 12922243 core:PlantMachinery 2023-10-31 12922243 core:PlantMachinery 2022-10-31 12922243 core:MotorCars 2022-11-01 2023-10-31 12922243 core:MotorCars 2023-10-31 12922243 core:MotorCars 2022-10-31 12922243 core:FurnitureFittings 2022-11-01 2023-10-31 12922243 core:FurnitureFittings 2023-10-31 12922243 core:FurnitureFittings 2022-10-31 12922243 core:ComputerEquipment 2022-11-01 2023-10-31 12922243 core:ComputerEquipment 2023-10-31 12922243 core:ComputerEquipment 2022-10-31 12922243 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 12922243 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-10-31 12922243 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 12922243 core:CostValuation core:Non-currentFinancialInstruments 2022-10-31 12922243 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-10-31 12922243 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 12922243 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 12922243 core:Non-currentFinancialInstruments 2023-10-31 12922243 core:Non-currentFinancialInstruments 2022-10-31 12922243 core:ShareCapital 2023-10-31 12922243 core:ShareCapital 2022-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2023-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2022-10-31 12922243 core:ShareCapitalOrdinaryShares 2022-11-01 12922243 core:ShareCapitalOrdinaryShares 2021-11-01 12922243 core:ShareCapitalOrdinaryShares 2022-11-01 2023-10-31 12922243 core:ShareCapitalOrdinaryShares 2021-11-01 2022-10-31 12922243 core:ShareCapitalOrdinaryShares 2023-10-31 12922243 core:ShareCapitalOrdinaryShares 2022-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2022-11-01 12922243 core:RetainedEarningsAccumulatedLosses 2021-11-01 12922243 core:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2023-10-31 12922243 core:RetainedEarningsAccumulatedLosses 2022-10-31 12922243 dpl:Item1 2022-11-01 12922243 dpl:Item1 2023-10-31 12922243 dpl:Item1 2021-11-01 12922243 dpl:Item1 2022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12922243
England and Wales

 

 

 

JAMES EARP LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 November 2022

End date: 31 October 2023
Director James Robert Earp
Registered Number 12922243
Registered Office 7 Bell Yard
London
England
WC2A 2JR
Accountants Worth Knowing Accountants Ltd
7 Bell Yard
London
WC2A 2JR
1
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 October 2023
Principal activities
Principal activity of the company during the financial year was of Sound recording and music publishing activities.
Director
The director who served the company throughout the year was as follows:
James Robert Earp
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
James Robert Earp
Director

Date approved: 04 March 2024
2
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 October 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Worth Knowing Accountants Ltd
31 October 2023



....................................................
Worth Knowing Accountants Ltd
7 Bell Yard
London
WC2A 2JR
04 March 2024
3
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 56,845    52,128 
56,845    52,128 
Current assets      
Debtors 4 30,476    26,982 
Cash at bank and in hand 215,069    291,967 
245,545    318,949 
Creditors: amount falling due within one year 5 (53,114)   (81,416)
Net current assets 192,431    237,533 
 
Total assets less current liabilities 249,276    289,661 
Provisions for liabilities 6   (9,904)
Net assets 249,276    279,757 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 249,275    279,756 
Shareholder's funds 249,276    279,757 
 


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 04 March 2024 and were signed by:


-------------------------------
James Robert Earp
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 November 2021 1  188,310  188,311 
Profit for the year 193,446  193,446 
Total comprehensive income for the year 193,446  193,446 
Dividends (102,000) (102,000)
Total investments by and distributions to owners (102,000) (102,000)
At 31 October 2022 1  279,756  279,757 
At 01 November 2022 1  279,756  279,757 
Profit for the year 62,519  62,519 
Total comprehensive income for the year 62,519  62,519 
Dividends (93,000) (93,000)
Total investments by and distributions to owners (93,000) (93,000)
At 31 October 2023 1  249,275  249,276 
5
General Information
JAMES EARP LTD is a private company, limited by shares, registered in England and Wales, registration number 12922243, registration address 7 Bell Yard, London, England, WC2A 2JR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 November 2022 57,889    11,955    313    7,311    77,468 
Additions 20,412          20,412 
Disposals        
At 31 October 2023 78,301    11,955    313    7,311    97,880 
Depreciation
At 01 November 2022 17,313    5,230    137    2,660    25,340 
Charge for year 12,808    1,681    44    1,162    15,695 
On disposals        
At 31 October 2023 30,121    6,911    181    3,822    41,035 
Net book values
Closing balance as at 31 October 2023 48,180    5,044    132    3,489    56,845 
Opening balance as at 01 November 2022 40,576    6,725    176    4,651    52,128 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 1,500    485 
Other Debtors 13,000    13,000 
VAT 15,976    13,497 
30,476    26,982 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 2    1 
Corporation Tax 50,550    80,031 
Accrued Expenses 1,550    750 
Directors' Current Accounts 1,012    634 
53,114    81,416 

6.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax   9,904 
  9,904 

6