IRIS Accounts Production v24.1.9.2 03470755 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034707552022-11-30034707552023-11-30034707552022-12-012023-11-30034707552021-11-30034707552021-12-012022-11-30034707552022-11-3003470755ns15:EnglandWales2022-12-012023-11-3003470755ns14:PoundSterling2022-12-012023-11-3003470755ns10:Director12022-12-012023-11-3003470755ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3003470755ns10:SmallEntities2022-12-012023-11-3003470755ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3003470755ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3003470755ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3003470755ns10:AbridgedAccounts2022-12-012023-11-3003470755ns10:OrdinaryShareClass12022-12-012023-11-3003470755ns10:Director22022-12-012023-11-3003470755ns10:CompanySecretary12022-12-012023-11-3003470755ns10:RegisteredOffice2022-12-012023-11-3003470755ns5:CurrentFinancialInstruments2023-11-3003470755ns5:CurrentFinancialInstruments2022-11-3003470755ns5:ShareCapital2023-11-3003470755ns5:ShareCapital2022-11-3003470755ns5:RetainedEarningsAccumulatedLosses2023-11-3003470755ns5:RetainedEarningsAccumulatedLosses2022-11-3003470755ns5:LeaseholdImprovements2022-12-012023-11-3003470755ns5:PlantMachinery2022-12-012023-11-3003470755ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 03470755 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2023

for

We Write Music Limited

We Write Music Limited (Registered number: 03470755)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


We Write Music Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Miss E M Heathcote
O Davis





SECRETARY: Miss E M Heathcote





REGISTERED OFFICE: First Floor, 24 Finns Business Park
Bowenhurst Lane
Mill Lane
Crondall
Hampshire
GU10 5RP





REGISTERED NUMBER: 03470755 (England and Wales)





ACCOUNTANTS: Bourne & Co.
Chartered Accountants
47a Queen Street
Derby
Derbyshire
DE1 3DE

We Write Music Limited (Registered number: 03470755)

Abridged Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,517 16,303

CURRENT ASSETS
Debtors 139 577
Cash at bank 68,685 51,865
68,824 52,442
CREDITORS
Amounts falling due within one year 36,191 37,981
NET CURRENT ASSETS 32,633 14,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,150

30,764

PROVISIONS FOR LIABILITIES 2,139 2,834
NET ASSETS 42,011 27,930

CAPITAL AND RESERVES
Called up share capital 5 10,000 10,000
Retained earnings 32,011 17,930
SHAREHOLDERS' FUNDS 42,011 27,930

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 July 2024 and were signed on its behalf by:





O Davis - Director


We Write Music Limited (Registered number: 03470755)

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

1. STATUTORY INFORMATION

We Write 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - at varying rates on cost
Studio Equipment - 33% on cost and 15% on cost

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 ) .

We Write Music Limited (Registered number: 03470755)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 125,479
Additions 1,204
Disposals (19,561 )
At 30 November 2023 107,122
DEPRECIATION
At 1 December 2022 109,176
Charge for year 5,789
Eliminated on disposal (19,360 )
At 30 November 2023 95,605
NET BOOK VALUE
At 30 November 2023 11,517
At 30 November 2022 16,303

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000