Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09709496 Mr Malcolm Mills iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09709496 2023-07-31 09709496 2024-07-31 09709496 2023-08-01 2024-07-31 09709496 frs-core:CurrentFinancialInstruments 2024-07-31 09709496 frs-core:ShareCapital 2024-07-31 09709496 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09709496 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09709496 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09709496 frs-bus:SmallEntities 2023-08-01 2024-07-31 09709496 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09709496 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09709496 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 09709496 frs-bus:OrdinaryShareClass1 2024-07-31 09709496 frs-bus:Director1 2023-08-01 2024-07-31 09709496 frs-countries:EnglandWales 2023-08-01 2024-07-31 09709496 2022-07-31 09709496 2023-07-31 09709496 2022-08-01 2023-07-31 09709496 frs-core:CurrentFinancialInstruments 2023-07-31 09709496 frs-core:ShareCapital 2023-07-31 09709496 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09709496 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31
Registered number: 09709496
The Last Music Company Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09709496
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 67,423 70,469
Debtors 5 22,154 37,482
Cash at bank and in hand 28,247 5,685
117,824 113,636
Creditors: Amounts Falling Due Within One Year 6 (109,446 ) (108,157 )
NET CURRENT ASSETS (LIABILITIES) 8,378 5,479
TOTAL ASSETS LESS CURRENT LIABILITIES 8,378 5,479
NET ASSETS 8,378 5,479
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 8,374 5,475
SHAREHOLDERS' FUNDS 8,378 5,479
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Malcolm Mills
Director
21/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Last Music Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09709496 . The registered office is Unit 2, 2 Thayers Farm Road, Beckenham, Kent, BR3 4LZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Stocks
2024 2023
£ £
Finished goods 67,423 70,469
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,535 31,056
Other debtors 14,619 6,426
22,154 37,482
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,558 1,813
Other creditors 92,470 105,614
Taxation and social security 2,418 730
109,446 108,157
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
4 Ordinary Shares of £ 1.00 each 4 4
Page 3