Company Registration No. 11494709 (England and Wales)
Hotcakes Music Ltd
Unaudited accounts
for the year ended 31 August 2023
Hotcakes Music Ltd
Unaudited accounts
Contents
Hotcakes Music Ltd
Company Information
for the year ended 31 August 2023
Company Number
11494709 (England and Wales)
Registered Office
47 LEEWARD GARDENS
LONDON
SW19 7QR
ENGLAND
Hotcakes Music Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
16,064
10,633
Cash at bank and in hand
200,434
181,506
Creditors: amounts falling due within one year
(16,514)
(59,395)
Net current assets
183,920
122,111
Net assets
199,984
132,744
Profit and loss account
199,984
132,744
Shareholders' funds
199,984
132,744
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2024 and were signed on its behalf by
Nicholas Annand
Director
Company Registration No. 11494709
Hotcakes Music Ltd
Notes to the Accounts
for the year ended 31 August 2023
Hotcakes Music Ltd is a private company, limited by shares, registered in England and Wales, registration number 11494709. The registered office is 47 LEEWARD GARDENS, LONDON, SW19 7QR, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Fixtures & fittings
15% Straight line
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
1,867
20,043
21,910
Additions
7,345
8,514
15,859
At 31 August 2023
9,212
28,557
37,769
At 1 September 2022
621
10,656
11,277
Charge for the year
224
10,204
10,428
At 31 August 2023
845
20,860
21,705
At 31 August 2023
8,367
7,697
16,064
At 31 August 2022
1,246
9,387
10,633
Hotcakes Music Ltd
Notes to the Accounts
for the year ended 31 August 2023
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
38,740
38,066
Other creditors
15,000
5,759
Loans from directors
(37,226)
-
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Average number of employees
During the year the average number of employees was 0 (2022: 0).