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
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
RGS MUSIC LIMITED
Statement of financial position
as at 28 September 2023
Cash at bank and in hand
83,898
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)
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
RGS MUSIC LIMITED
Notes to the Accounts
for the year ended 28 September 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 29 September 2022
1,624
At 28 September 2023
1,624
At 29 September 2022
1,624
At 28 September 2023
1,624
Amounts falling due within one year
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
Taxes and social security
55,694
23,494
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Average number of employees
During the year the average number of employees was 2 (2022: 2).