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REGISTERED NUMBER: 00981264 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

The Ian Anderson Group of Companies
Limited

The Ian Anderson Group of Companies
Limited (Registered number: 00981264)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Ian Anderson Group of Companies
Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: I S Anderson
Mrs J S Anderson
J D Anderson



SECRETARY: Mrs J S Anderson



REGISTERED OFFICE: County Gate
County Way
Trowbridge
Wiltshire
BA14 7FJ



REGISTERED NUMBER: 00981264 (England and Wales)



BANKERS: Coutts & Co.
440 The Strand
London
WC2R 0QS

The Ian Anderson Group of Companies
Limited (Registered number: 00981264)

Balance Sheet
31 December 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,626 20,226
Investments 6 502 502
29,128 20,728

CURRENT ASSETS
Debtors 7 1,004,593 686,045
Cash at bank and in hand 1,778,880 1,550,073
2,783,473 2,236,118
CREDITORS
Amounts falling due within one year 8 339,649 257,720
NET CURRENT ASSETS 2,443,824 1,978,398
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,472,952

1,999,126

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Share premium 322,984 322,984
Retained earnings 2,124,968 1,651,142
SHAREHOLDERS' FUNDS 2,472,952 1,999,126

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 directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:




I S Anderson - Director



Mrs J S Anderson - Director


The Ian Anderson Group of Companies
Limited (Registered number: 00981264)

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

1. STATUTORY INFORMATION

The Ian Anderson Group of Companies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about The Ian Anderson Group of Companies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents royalty, merchandise and other similar income. All income is recognised in the financial statements when the company obtains the right to consideration, normally on receipt of royalty statements from the relevant recording companies and other entities responsible for the collection of royalty income on behalf of recording artists.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on straight line basis
Plant and machinery - 20% on straight line basis
Fixtures and fittings - 20% on straight line basis
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


The Ian Anderson Group of Companies
Limited (Registered number: 00981264)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 265,000
AMORTISATION
At 1 January 2023
and 31 December 2023 265,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

The Ian Anderson Group of Companies
Limited (Registered number: 00981264)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 203,552 398,232 57,617 31,474 690,875
Additions - 19,598 - - 19,598
Disposals - (3,499 ) - - (3,499 )
At 31 December 2023 203,552 414,331 57,617 31,474 706,974
DEPRECIATION
At 1 January 2023 203,552 379,980 56,751 30,366 670,649
Charge for year - 9,788 433 277 10,498
Eliminated on disposal - (2,799 ) - - (2,799 )
At 31 December 2023 203,552 386,969 57,184 30,643 678,348
NET BOOK VALUE
At 31 December 2023 - 27,362 433 831 28,626
At 31 December 2022 - 18,252 866 1,108 20,226

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 502
NET BOOK VALUE
At 31 December 2023 502
At 31 December 2022 502

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Other debtors 503,676 470,311
Amounts due from subsidiary
undertakings 481,932 113,239
VAT - 61,827
Prepayments and accrued income 18,985 40,668
1,004,593 686,045

The Ian Anderson Group of Companies
Limited (Registered number: 00981264)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade creditors 68,871 32,666
Tax 144,515 146,833
Social security and other taxes 16,350 14,676
VAT 6,488 -
Amounts due to subsidiary undertakings 400 -
Directors' current accounts 92,733 56,550
Accrued expenses 10,292 6,995
339,649 257,720