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REGISTERED NUMBER: 02748386 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Sherlock Holmes Music Limited

Sherlock Holmes Music Limited (Registered number: 02748386)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Sherlock Holmes Music Limited (Registered number: 02748386)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 323 431

Current assets
Debtors 5 549,095 605,777
Cash at bank 135,460 64,740
684,555 670,517
Creditors
Amounts falling due within one year 6 1,312,707 1,296,981
Net current liabilities (628,152 ) (626,464 )
Total assets less current liabilities (627,829 ) (626,033 )

Capital and reserves
Called up share capital 5,000 5,000
Retained earnings (632,829 ) (631,033 )
Shareholders' funds (627,829 ) (626,033 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sherlock Holmes Music Limited (Registered number: 02748386)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2024 and were signed by:





V F Rossiter - Director


Sherlock Holmes Music Limited (Registered number: 02748386)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Sherlock Holmes Music Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02748386

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

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.
Plant and machinery - 25% on reducing balance

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

Sherlock Holmes Music Limited (Registered number: 02748386)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 January 2023
and 31 December 2023 65,461
Depreciation
At 1 January 2023 65,030
Charge for year 108
At 31 December 2023 65,138
Net book value
At 31 December 2023 323
At 31 December 2022 431

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Amounts owed by associates 50,792 56,792
Other debtors 498,303 548,985
549,095 605,777

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 1,281,835 1,283,064
Taxation and social security 17,317 362
Other creditors 13,555 13,555
1,312,707 1,296,981

Sherlock Holmes Music Limited (Registered number: 02748386)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
V F Rossiter
Balance outstanding at start of year 94,340 87,590
Amounts advanced - 6,750
Amounts repaid (8,497 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 85,843 94,340

Interest of £1,784 is payable on these loans.

8. Related party disclosures

£50,792 was due at the balance sheet date from Richard Laurence & Rossiter Limited (a company in which V F Rossiter is a director and shareholder)

During the year, fees of £22,000 (2022 - £22,500) were paid to V F Rossiter for consultancy services provided.

9. Ultimate controlling party

The ultimate controlling party is V F Rossiter.