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REGISTERED NUMBER: 06071899 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Ameritz Music Limited

Ameritz Music Limited (Registered number: 06071899)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Ameritz Music Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr D Green
Ms E M Gorman





SECRETARY: Mr D Green





REGISTERED OFFICE: Trimble House
9 Bold Street
Warrington
Cheshire
WA1 1DN





REGISTERED NUMBER: 06071899 (England and Wales)





ACCOUNTANTS: Raise
Chartered Accountants
Trimble House
9 Bold Street
Warrington
Cheshire
WA1 1DN

Ameritz Music Limited (Registered number: 06071899)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,132 47,204

CURRENT ASSETS
Debtors 5 651,610 590,133
Cash at bank 1,426,942 1,875,976
2,078,552 2,466,109
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

486,170

439,713
NET CURRENT ASSETS 1,592,382 2,026,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,626,514

2,073,600

PROVISIONS FOR LIABILITIES 8,533 18,486
NET ASSETS 1,617,981 2,055,114

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 1,617,879 2,055,012
SHAREHOLDERS' FUNDS 1,617,981 2,055,114

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

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

Ameritz Music Limited (Registered number: 06071899)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mr D Green - Director


Ameritz Music Limited (Registered number: 06071899)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ameritz 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.

Short Leasehold - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2023 - 54 ) .

Ameritz Music Limited (Registered number: 06071899)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 15,529 218,089 233,618
Additions - 3,564 3,564
At 31 March 2024 15,529 221,653 237,182
DEPRECIATION
At 1 April 2023 15,527 170,887 186,414
Charge for year - 16,636 16,636
At 31 March 2024 15,527 187,523 203,050
NET BOOK VALUE
At 31 March 2024 2 34,130 34,132
At 31 March 2023 2 47,202 47,204

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 592,954 534,740
Other debtors 58,656 55,393
651,610 590,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 326,017 271,046
Other creditors 160,153 168,667
486,170 439,713

7. ULTIMATE CONTROLLING PARTY

Mr D Green, a director of the company, holds sufficient share capital to control the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ameritz Music Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ameritz Music Limited for the year ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ameritz Music Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ameritz Music Limited and state those matters that we have agreed to state to the Board of Directors of Ameritz Music Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ameritz Music Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ameritz Music Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ameritz Music Limited. You consider that Ameritz Music Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ameritz Music Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Raise
Chartered Accountants
Trimble House
9 Bold Street
Warrington
Cheshire
WA1 1DN


30 October 2024