Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsefalsefalse12023-04-01No description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10062836 2023-04-01 2024-03-31 10062836 2022-04-01 2023-03-31 10062836 2024-03-31 10062836 2023-03-31 10062836 c:Director1 2023-04-01 2024-03-31 10062836 d:CurrentFinancialInstruments 2024-03-31 10062836 d:CurrentFinancialInstruments 2023-03-31 10062836 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10062836 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10062836 d:ShareCapital 2024-03-31 10062836 d:ShareCapital 2023-03-31 10062836 c:FRS102 2023-04-01 2024-03-31 10062836 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10062836 c:FullAccounts 2023-04-01 2024-03-31 10062836 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10062836 6 2023-04-01 2024-03-31 10062836 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10062836









ABC MUSIC HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
ABC MUSIC HOLDINGS LIMITED
REGISTERED NUMBER: 10062836

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,900,000
1,900,000

  

Creditors: amounts falling due within one year
 5 
(1,899,900)
(1,899,900)

Net current liabilities
  
 
 
(1,899,900)
 
 
(1,899,900)

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


The director considers 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 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 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 income and retained earnings 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 4 October 2024.




M P Joseph
Director


The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ABC MUSIC HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

ABC Music Holdings Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is 1 Ramornie Close, Hersham, Surrey, KT12 4NQ .
The principal activity of the Company was that of a holding company.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Creditors

Short-term creditors are measured at the transaction price.

 
2.4

Dividends

Equity dividends are recognised when they become legally payable. 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 average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 2

 
ABC MUSIC HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
1,900,000



At 31 March 2024
1,900,000





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,549,347
1,570,196

Other creditors
350,553
329,704

1,899,900
1,899,900


 
Page 3