One Another Music Ltd
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Enter data in the white spaces Enter numbers as + unless indicated Current year Comparative
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Company registration number 10278658
Date
Approval date of the accounts by the board 29/07/2024
Date
Date of signing on the audit/accountants report 29/07/2024
Date of engagement letter (required for Date
CA and ACCA reports)
Person signing directors' report:
Name of director Tom Tyrwhitt
Or, name of secretary
Name of director signing balance sheet Tom Tyrwhitt
Address of registered office:
Address line 1 1 Upper Street
Address line 2 East Dean
City or town Eastbourne
County or region East Sussex
Postcode BN20 0BT
Name of senior statutory auditor
Name of auditors/accountants Core Accounting Services Ltd
Type of firm (eg Chartered Accountants) Accountants
Address of auditors/accountants
Address line 1 9 Sutton Road
Address line 2
City or town Seaford
County or region East Sussex
Postcode BN25 1RU
Prior year adjustments (+ for a gain; - for a loss) £
Correction of prior year errors
Effect of retrospective changes in accounting policies
More info on prior year adjustments
Number Number
Average number of persons employed by the company 1 1
Freehold land & buildings if
revalued amounts shown in trial balance: £ £
historical cost
cumulative depreciation based on cost
Historical cost of fixed asset investments £ £
Investments in subsidiaries
Other investments
£ £
Amounts due after more than one year included in debtors
Amounts included in creditors falling due for payment
after more than five years: £ £
Payable otherwise than by installment
Payable by installment
£ £
Secured bank loans included in creditors
Capital commitments: £ £
contracted
Total future payments due under non-cancellable £ £
operating leases
Registered number
10278658
One Another Music Ltd
Filleted Accounts
31 July 2023
One Another Music Ltd
Registered number: 10278658
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 3,252 -
Cash at bank and in hand 25 61
3,277 61
Creditors: amounts falling due within one year 4 (10,552) (6,246)
Net current liabilities (7,275) (6,185)
Total assets less current liabilities (7,275) (6,185)
Creditors: amounts falling due after more than one year 5 (9,199) (9,199)
Net liabilities (16,474) (15,384)
Capital and reserves
Called up share capital 100 100
Profit and loss account (16,574) (15,484)
Shareholder's funds (16,474) (15,384)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Tom Tyrwhitt
Director
Approved by the board on 29 July 2024
One Another Music Ltd
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 3,252 -
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 2,304 1,547
Trade creditors 1,255 1,126
Taxation and social security costs 442 (5)
Other creditors 6,551 3,578
10,552 6,246
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 9,199 9,199
6 Other information
One Another Music Ltd is a private company limited by shares and incorporated in England. Its registered office is:
1 Upper Street
East Dean
Eastbourne
East Sussex
BN20 0BT
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