Company registration number 12287725 (England and Wales)
MATTER MUSIC PRODUCTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
MATTER MUSIC PRODUCTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MATTER MUSIC PRODUCTIONS LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2023
31 October 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
2,544
4,295
Cash at bank and in hand
1,999
548
4,543
4,843
Creditors: amounts falling due within one year
4
(11,709)
(4,414)
Net current (liabilities)/assets
(7,166)
429
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(7,266)
329
Total equity
(7,166)
429

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 25 October 2024 and are signed on its behalf by:
Mr W Gresford
Ms H Lintell
Director
Director
Mr R Boardman
Director
Company registration number 12287725 (England and Wales)
MATTER MUSIC PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
- 2 -
1
Accounting policies
Company information

Matter Music Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, Colwyn Chambers, 19 York Street, Manchester, M2 3BA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received for their services in music production.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

MATTER MUSIC PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
3
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
160
151
Corporation tax recoverable
-
0
1,854
Other debtors
2,384
2,290
2,544
4,295
4
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
11,709
4,414
2023-10-312022-11-01false25 October 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityW GresfordMs H LintellMr R Boardmanfalsefalse122877252022-11-012023-10-31122877252023-10-31122877252022-10-3112287725core:CurrentFinancialInstrumentscore:WithinOneYear2023-10-3112287725core:CurrentFinancialInstrumentscore:WithinOneYear2022-10-3112287725core:ShareCapital2023-10-3112287725core:ShareCapital2022-10-3112287725core:RetainedEarningsAccumulatedLosses2023-10-3112287725core:RetainedEarningsAccumulatedLosses2022-10-3112287725bus:Director12022-11-012023-10-3112287725bus:Director22022-11-012023-10-31122877252021-11-012022-10-3112287725core:CurrentFinancialInstruments2023-10-3112287725core:CurrentFinancialInstruments2022-10-3112287725core:WithinOneYear2023-10-3112287725core:WithinOneYear2022-10-3112287725bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112287725bus:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112287725bus:FRS1022022-11-012023-10-3112287725bus:AuditExemptWithAccountantsReport2022-11-012023-10-3112287725bus:Director32022-11-012023-10-3112287725bus:FullAccounts2022-11-012023-10-31xbrli:purexbrli:sharesiso4217:GBP