Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31trueThe principal activity of the company continued to be that of sound recording and music publishing activities.2022-11-01false33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12922796 2022-11-01 2023-10-31 12922796 2021-11-01 2022-10-31 12922796 2023-10-31 12922796 2022-10-31 12922796 c:Director1 2022-11-01 2023-10-31 12922796 d:CurrentFinancialInstruments 2023-10-31 12922796 d:CurrentFinancialInstruments 2022-10-31 12922796 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12922796 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12922796 d:ShareCapital 2023-10-31 12922796 d:ShareCapital 2022-10-31 12922796 d:RetainedEarningsAccumulatedLosses 2023-10-31 12922796 d:RetainedEarningsAccumulatedLosses 2022-10-31 12922796 c:OrdinaryShareClass1 2022-11-01 2023-10-31 12922796 c:OrdinaryShareClass1 2023-10-31 12922796 c:OrdinaryShareClass1 2022-10-31 12922796 c:FRS102 2022-11-01 2023-10-31 12922796 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12922796 c:FullAccounts 2022-11-01 2023-10-31 12922796 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12922796 2 2022-11-01 2023-10-31 12922796 d:ShareCapitalOtherShareTypes 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12922796














MOOR RECORDS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
MOOR RECORDS LIMITED
REGISTERED NUMBER:12922796

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,348
1,988

Cash at bank and in hand
 5 
61,707
73,819

  
64,055
75,807

Creditors: amounts falling due within one year
 6 
(45,200)
(45,313)

Net current assets
  
 
 
18,855
 
 
30,494

Total assets less current liabilities
  
18,855
30,494

  

Net assets
  
18,855
30,494


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
18,755
30,394

  
18,855
30,494


The directors consider 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 directors acknowledge their 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 profit and loss account 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: 




C L Balsam
Director

Date: 16 July 2024

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

 
MOOR RECORDS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Moor Records Limited is a private company, limited by shares, registered in England and Wales, registration number 12922796. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. 
The principal activity of the company continued to be that of sound recording and music publishing activity.

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.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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 year 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.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover from sound recording and music publishing activities are recognised when it is probable the company will receive the rights to the consideration due under the contract.

Advances received from licences are carried forward as deferred income until the earlier of recoupment against contractual royalties due, agreement expiry or recognition that recoupment is unlikely to take place.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
MOOR RECORDS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.6

Debtors

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

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

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

 
2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3). 


4.


Debtors

2023
2022
£
£


Other debtors
2,189
1,846

Prepayments and accrued income
159
142

2,348
1,988



5.


Cash

2023
2022
£
£

Bank and cash balances
61,707
73,819


Page 3

 
MOOR RECORDS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
3,600
12,500

Corporation tax
26
-

Other creditors
25,334
26,795

Accruals
16,240
6,018

45,200
45,313



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



8.


Transactions with directors

As at the year end, the company owed £25,333 (2022 - £26,796) to the directors. The loan is unsecured, interest free and repayable on demand.
 
Page 4