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Company Registration No. 08218867 (England and Wales)
RGS MUSIC LIMITED Unaudited accounts for the year ended 28 September 2023
RGS MUSIC LIMITED Unaudited accounts Contents
Page
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RGS MUSIC LIMITED Company Information for the year ended 28 September 2023
Director
Domenico Rampello
Company Number
08218867 (England and Wales)
Registered Office
17 HIGH STREET OLNEY MK46 4EB ENGLAND
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RGS MUSIC LIMITED Statement of financial position as at 28 September 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
81,158 
- 
Cash at bank and in hand
83,898 
56,743 
165,056 
56,743 
Creditors: amounts falling due within one year
(80,309)
(63,011)
Net current assets/(liabilities)
84,747 
(6,268)
Net assets/(liabilities)
84,747 
(6,268)
Capital and reserves
Called up share capital
100 
100 
Share premium
55,000 
55,000 
Profit and loss account
29,647 
(61,368)
Shareholders' funds
84,747 
(6,268)
For the year ending 28 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2024 and were signed on its behalf by
Domenico Rampello Director Company Registration No. 08218867
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RGS MUSIC LIMITED Notes to the Accounts for the year ended 28 September 2023
1
Statutory information
RGS MUSIC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08218867. The registered office is 17 HIGH STREET, OLNEY, MK46 4EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 29 September 2022
1,624 
At 28 September 2023
1,624 
Depreciation
At 29 September 2022
1,624 
At 28 September 2023
1,624 
Net book value
At 28 September 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
81,158 
- 
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RGS MUSIC LIMITED Notes to the Accounts for the year ended 28 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
34,577 
49,566 
VAT
(11,012)
(10,849)
Taxes and social security
55,694 
23,494 
Other creditors
1,050 
800 
80,309 
63,011 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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