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REGISTERED NUMBER: 06917759 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2022 TO 30 NOVEMBER 2023

FOR

CREATIVE MUSIC LIMITED

CREATIVE MUSIC LIMITED (REGISTERED NUMBER: 06917759)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2022 TO 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CREATIVE MUSIC LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JUNE 2022 TO 30 NOVEMBER 2023







DIRECTOR: G Halliday





SECRETARY: G Halliday





REGISTERED OFFICE: The Old Courthouse
26A Church Street
Bishops Stortford
Hertfordshire
CM23 2LY





REGISTERED NUMBER: 06917759 (England and Wales)





ACCOUNTANTS: Paul Dawson & Co Limited
The Old Courthouse
26A Church Street
Bishops Stortford
Hertfordshire
CM23 2LY

CREATIVE MUSIC LIMITED (REGISTERED NUMBER: 06917759)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,976 2,093

CURRENT ASSETS
Stocks 5 5,550 4,100
Debtors 6 1,228 601
Cash at bank and in hand 236 6,746
7,014 11,447
CREDITORS
Amounts falling due within one year 7 16,840 12,210
NET CURRENT LIABILITIES (9,826 ) (763 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,850

)

1,330

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (6,852 ) 1,328
SHAREHOLDERS' FUNDS (6,850 ) 1,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:





G Halliday - Director


CREATIVE MUSIC LIMITED (REGISTERED NUMBER: 06917759)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2022 TO 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Creative 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.

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 - 25% on reducing balance
Equipment - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery Equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 9,266 9,791 - 1,864 20,921
Additions 1,789 - - - 1,789
At 30 November 2023 11,055 9,791 - 1,864 22,710
DEPRECIATION
At 1 June 2022 7,992 9,139 - 1,697 18,828
Charge for period 625 224 57 - 906
At 30 November 2023 8,617 9,363 57 1,697 19,734
NET BOOK VALUE
At 30 November 2023 2,438 428 (57 ) 167 2,976
At 31 May 2022 1,274 652 - 167 2,093

5. STOCKS
2023 2022
£    £   
Stocks 5,550 4,100

CREATIVE MUSIC LIMITED (REGISTERED NUMBER: 06917759)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2022 TO 30 NOVEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,228 601

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,430 -
Trade creditors 1,416 -
Taxation and social security 813 2,939
Other creditors 7,181 9,271
16,840 12,210