Silverfin false false 31/03/2024 01/04/2023 31/03/2024 M Shiner 10/01/2011 N F Worthington 10/01/2011 09 September 2024 The principal activity of the Company during the financial year was that of music publishing. 07487566 2024-03-31 07487566 bus:Director1 2024-03-31 07487566 bus:Director2 2024-03-31 07487566 2023-03-31 07487566 core:CurrentFinancialInstruments 2024-03-31 07487566 core:CurrentFinancialInstruments 2023-03-31 07487566 core:ShareCapital 2024-03-31 07487566 core:ShareCapital 2023-03-31 07487566 core:RetainedEarningsAccumulatedLosses 2024-03-31 07487566 core:RetainedEarningsAccumulatedLosses 2023-03-31 07487566 core:FurnitureFittings 2023-03-31 07487566 core:FurnitureFittings 2024-03-31 07487566 bus:OrdinaryShareClass1 2024-03-31 07487566 2023-04-01 2024-03-31 07487566 bus:FilletedAccounts 2023-04-01 2024-03-31 07487566 bus:SmallEntities 2023-04-01 2024-03-31 07487566 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07487566 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07487566 bus:Director1 2023-04-01 2024-03-31 07487566 bus:Director2 2023-04-01 2024-03-31 07487566 core:FurnitureFittings 2023-04-01 2024-03-31 07487566 2022-04-01 2023-03-31 07487566 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07487566 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07487566 (England and Wales)

37 ADVENTURES MUSIC PUBLISHING LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

37 ADVENTURES MUSIC PUBLISHING LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

37 ADVENTURES MUSIC PUBLISHING LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2024
37 ADVENTURES MUSIC PUBLISHING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTORS M Shiner
N F Worthington
SECRETARY M Shiner
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Business Park
Taunton
TA1 2PX
United Kingdom
COMPANY NUMBER 07487566 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
37 ADVENTURES MUSIC PUBLISHING LIMITED

BALANCE SHEET

As at 31 March 2024
37 ADVENTURES MUSIC PUBLISHING LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 60 80
60 80
Current assets
Debtors 4 3,719 6,824
Cash at bank and in hand 34,229 29,210
37,948 36,034
Creditors: amounts falling due within one year 5 ( 8,549) ( 13,119)
Net current assets 29,399 22,915
Total assets less current liabilities 29,459 22,995
Net assets 29,459 22,995
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 29,359 22,895
Total shareholders' funds 29,459 22,995

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of 37 Adventures Music Publishing Limited (registered number: 07487566) were approved and authorised for issue by the Board of Directors on 09 September 2024. They were signed on its behalf by:

N F Worthington
Director
37 ADVENTURES MUSIC PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
37 ADVENTURES MUSIC PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

37 Adventures Music Publishing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Artist advances

Advances paid to artists are treated as expenses when incurred on the basis that the likelihood of future income is uncertain.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 April 2023 2,190 2,190
At 31 March 2024 2,190 2,190
Accumulated depreciation
At 01 April 2023 2,110 2,110
Charge for the financial year 20 20
At 31 March 2024 2,130 2,130
Net book value
At 31 March 2024 60 60
At 31 March 2023 80 80

4. Debtors

2024 2023
£ £
Accrued income 3,719 6,824

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 701 895
Amounts owed to directors 2,040 2,040
Accruals 3,752 8,391
Other taxation and social security 2,056 1,793
8,549 13,119

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100