Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3falsetruetrueNo description of principal activity3false 10950529 2023-04-01 2024-03-31 10950529 2022-04-01 2023-03-31 10950529 2024-03-31 10950529 2023-03-31 10950529 c:Director2 2023-04-01 2024-03-31 10950529 d:CurrentFinancialInstruments 2024-03-31 10950529 d:CurrentFinancialInstruments 2023-03-31 10950529 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10950529 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10950529 d:ShareCapital 2024-03-31 10950529 d:ShareCapital 2023-03-31 10950529 d:RetainedEarningsAccumulatedLosses 2024-03-31 10950529 d:RetainedEarningsAccumulatedLosses 2023-03-31 10950529 c:OrdinaryShareClass1 2023-04-01 2024-03-31 10950529 c:OrdinaryShareClass1 2024-03-31 10950529 c:FRS102 2023-04-01 2024-03-31 10950529 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10950529 c:FullAccounts 2023-04-01 2024-03-31 10950529 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10950529 2 2023-04-01 2024-03-31 10950529 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10950529














REDBREAST PUBLISHING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
REDBREAST PUBLISHING LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
REDBREAST PUBLISHING LIMITED
REGISTERED NUMBER:10950529

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
699,538
102,026

Cash at bank and in hand
  
1,981,276
1,344,472

  
2,680,814
1,446,498

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(1,044,438)
(477,267)

  

Net assets
  
1,636,376
969,231


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
1,636,276
969,131

  
1,636,376
969,231


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 September 2024.




J A Lang
Director

Page 1

 
REDBREAST PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Redbreast Publishing Limited is a private limited liability company incorporated in England and Wales with its registered office address and principal place of business at Suite 3, Old Kings Head Court, High Street, Dorking, Surrey, RH4 1AR.
 
The principal activity of the Company is that of music publishing.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Revenue

Revenue comprises royalties receivable, exclusive of Value Added Tax.
Royalties receivable are accounted for on a royalty earnings basis as part of turnover. Royalty advances which are non-recoupable are accounted for on a receipts basis. Recoupable advances are accounted for when earned. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
REDBREAST PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.

 
2.9

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Directors were the only employees during this and the preceding periods.

Page 3

 
REDBREAST PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Trade debtors
699,538
99,627

Other debtors
-
2,399

699,538
102,026



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
12,660

Taxation and social security
647,986
275,472

Other creditors
383,702
183,385

Accruals and deferred income
12,750
5,750

1,044,438
477,267



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100


 
Page 4