Company Registration Number 12569155 (England and Wales)
GROOVE SOUL RECORDS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
Nelson House
2 Hamilton Terrace
Leamington Spa
Warwickshire
England
CV32 4LY
GROOVE SOUL RECORDS LTD
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
3,015
4,270
Current assets
1
219
Creditors: amounts falling due within one year
(7,757)
(9,789)
Net current liabilities
(7,756)
(9,570)
Total assets less current liabilities
(4,741)
(5,300)
Creditors: amounts falling due after more than one year
(7,728)
(1,291)
Accruals and deferred income
(1,015)
Net liabilities
(12,469)
(7,606)
Capital and reserves
(12,469)
(7,606)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
2
Going Concern
The accounts have been prepared on a going concern basis although the balance sheet is showing an insolvent position. The company is dependent in its day to day activities on the support of its directors and certain other creditors, and we have no reason to suppose that this support will not continue. The going concern basis of preparation of these accounts is thus considered to be appropriate.
Groove Soul Records Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 22 Ophelia Drive, Heathcote, Warwick, Warwickshire, CV34 6XJ.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
GROOVE SOUL RECORDS LTD
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 13 September 2024
..............................................
Mr A T D Pender
Company registration number 12569155 (England and Wales)