IRIS Accounts Production v24.2.0.383 08705561 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087055612023-01-31087055612024-01-31087055612023-02-012024-01-31087055612022-01-31087055612022-02-012023-01-31087055612023-01-3108705561ns15:EnglandWales2023-02-012024-01-3108705561ns14:PoundSterling2023-02-012024-01-3108705561ns10:Director12023-02-012024-01-3108705561ns10:Director22023-02-012024-01-3108705561ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108705561ns10:SmallEntities2023-02-012024-01-3108705561ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108705561ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108705561ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108705561ns10:AbridgedAccounts2023-02-012024-01-3108705561ns10:CompanySecretary12023-02-012024-01-3108705561ns10:RegisteredOffice2023-02-012024-01-3108705561ns5:CurrentFinancialInstruments2024-01-3108705561ns5:CurrentFinancialInstruments2023-01-3108705561ns5:ShareCapital2024-01-3108705561ns5:ShareCapital2023-01-3108705561ns5:RetainedEarningsAccumulatedLosses2024-01-3108705561ns5:RetainedEarningsAccumulatedLosses2023-01-3108705561ns5:PlantMachinery2023-02-012024-01-3108705561ns5:ComputerEquipment2023-02-012024-01-31
REGISTERED NUMBER: 08705561 (England and Wales)


















MARSHALL JONES MUSIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






MARSHALL JONES MUSIC LIMITED (REGISTERED NUMBER: 08705561)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MARSHALL JONES MUSIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr C J Marshall
Mrs C L Marshall-Jones





SECRETARY:





REGISTERED OFFICE: Mountain View
Efailwen
Clunderwen
Carmarthenshire
SA66 7XH





REGISTERED NUMBER: 08705561 (England and Wales)





ACCOUNTANTS: Llewelyn Davies
Chartered Accountants
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW

MARSHALL JONES MUSIC LIMITED (REGISTERED NUMBER: 08705561)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,154 34,523

CURRENT ASSETS
Stocks 350 350
Debtors 11,458 12,676
Cash at bank 1,913 2,239
13,721 15,265
CREDITORS
Amounts falling due within one year 51,717 63,796
NET CURRENT LIABILITIES (37,996 ) (48,531 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,842

)

(14,008

)

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings (13,892 ) (14,058 )
SHAREHOLDERS' FUNDS (13,842 ) (14,008 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

MARSHALL JONES MUSIC LIMITED (REGISTERED NUMBER: 08705561)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 October 2024 and were signed on its behalf by:




Mrs C L Marshall-Jones - Director



Mr C J Marshall - Director


MARSHALL JONES MUSIC LIMITED (REGISTERED NUMBER: 08705561)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Marshall Jones Music 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.

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.

The financial statements are prepared on a going concern basis as in the opinion of the directors the company has sufficient funds to trade in the foreseeable future, and the company benefits from the support of it directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MARSHALL JONES MUSIC LIMITED (REGISTERED NUMBER: 08705561)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 101,666
Additions 2,749
At 31 January 2024 104,415
DEPRECIATION
At 1 February 2023 67,143
Charge for year 13,118
At 31 January 2024 80,261
NET BOOK VALUE
At 31 January 2024 24,154
At 31 January 2023 34,523