Company Registration No. 10201123 (England and Wales)
Saunders Music Limited
Unaudited accounts
for the year ended 31 March 2024
Saunders Music Limited
Unaudited accounts
Contents
Saunders Music Limited
Company Information
for the year ended 31 March 2024
Directors
James Edward Saunders
Rebecca Ann Saunders
Company Number
10201123 (England and Wales)
Registered Office
24 Fennel Road
Portishead
Bristol
BS20 7FB
Accountants
Henry and Banwell Ltd
26 Berkely Square
Clifton
Bristol
BS8 1HP
Saunders Music Limited
Statement of financial position
as at 31 March 2024
Tangible assets
6,302
5,810
Cash at bank and in hand
9,033
6,959
Creditors: amounts falling due within one year
(15,454)
(12,615)
Net current liabilities
(6,171)
(5,656)
Called up share capital
100
100
Profit and loss account
31
54
Shareholders' funds
131
154
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by
James Edward Saunders
Director
Company Registration No. 10201123
Saunders Music Limited
Notes to the Accounts
for the year ended 31 March 2024
Saunders Music Limited is a private company, limited by shares, registered in England and Wales, registration number 10201123. The registered office is 24 Fennel Road, Portishead, Bristol, BS20 7FB.
2
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
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
250
-
Saunders Music Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,180
988
Loans from directors
14,274
11,627
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).