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REGISTERED NUMBER: 08773682 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

AJS Music Limited

AJS Music Limited (Registered number: 08773682)






Contents of the Financial Statements
for the Year Ended 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AJS Music Limited

Company Information
for the Year Ended 30 NOVEMBER 2023







DIRECTORS: G E Marshall
S Morris





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 08773682 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

AJS Music Limited (Registered number: 08773682)

Balance Sheet
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 863,008 1,169,625
Investments 5 1,999,586 1,985,272
2,862,594 3,154,897

CURRENT ASSETS
Debtors 6 397 3,780
Cash at bank 660,639 252,746
661,036 256,526
CREDITORS
Amounts falling due within one year 7 17,074 10,970
NET CURRENT ASSETS 643,962 245,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,506,556

3,400,453

CAPITAL AND RESERVES
Called up share capital 180 180
Retained earnings 3,506,376 3,400,273
SHAREHOLDERS' FUNDS 3,506,556 3,400,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 1 August 2024 and were signed on its behalf by:




G E Marshall - Director


AJS Music Limited (Registered number: 08773682)

Notes to the Financial Statements
for the Year Ended 30 NOVEMBER 2023

1. STATUTORY INFORMATION

AJS 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 represents fees and royalties received less value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold land & property - not provided
Equipment - 25% on reducing balance

The freehold land has not been depreciated as the directors are of the opinion any change in the fair value of the land cannot be reliably calculated without undue cost or effort.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

AJS Music Limited (Registered number: 08773682)

Notes to the Financial Statements - continued
for the Year Ended 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Freehold
land &
property Equipment Totals
£    £    £   
COST
At 1 December 2022 1,167,280 6,088 1,173,368
Additions 575,488 - 575,488
Disposals (881,519 ) - (881,519 )
At 30 November 2023 861,249 6,088 867,337
DEPRECIATION
At 1 December 2022 - 3,743 3,743
Charge for year - 586 586
At 30 November 2023 - 4,329 4,329
NET BOOK VALUE
At 30 November 2023 861,249 1,759 863,008
At 30 November 2022 1,167,280 2,345 1,169,625

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST
At 1 December 2022 1,985,222 50 1,985,272
Additions 29,936 - 29,936
Disposals (15,622 ) - (15,622 )
At 30 November 2023 1,999,536 50 1,999,586
NET BOOK VALUE
At 30 November 2023 1,999,536 50 1,999,586
At 30 November 2022 1,985,222 50 1,985,272

Market value of listed investments at 30 November 2023 - £ 1,932,821 (2022 - £ 1,917,830 ).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 3,780
VAT 397 -
397 3,780

AJS Music Limited (Registered number: 08773682)

Notes to the Financial Statements - continued
for the Year Ended 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 6,220 -
VAT - 630
Directors' current accounts 5,854 2,594
Creditors & accruals 5,000 7,746
17,074 10,970

8. ULTIMATE CONTROLLING PARTY

The controlling party is G E Marshall.