SEPIA RECORDS LIMITED

Company Registration Number:
04436472 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SEPIA RECORDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

SEPIA RECORDS LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Kay Peng Tay
Pak Hang Wan
Registered office: Flat 24
Chalfont Court
236 Baker Street
London
NW1 5RS
Company Registration Number: 04436472 (England and Wales)

SEPIA RECORDS LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company under review was CD and vinyl manufacture sales and licensing.

Directors

The director(s) shown below were appointed to the company during the period
Kay Peng Tay
01 April 2023
Pak Hang Wan
01 April 2023

This report was approved by the board of directors on 8 November 2024
And Signed On Behalf Of The Board By:

Name: Kay Peng Tay
Status: Director

SEPIA RECORDS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 18,576 15,311
Administrative Expenses ( 28,888 ) ( 24,568 )
Operating Profit or (Loss) ( 10,312 ) ( 9,257 )
Profit or (Loss) Before Tax ( 10,312 ) ( 9,257 )
Profit or (Loss) for Period ( 10,312 ) ( 9,257 )

The notes form part of these financial statements

SEPIA RECORDS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 72,284 80,843
Debtors: 5,305
Cash at bank and in hand: 819 1,628
Total current assets: 73,103 87,776
Prepayments and accrued income: 89
Creditors: amounts falling due within one year: ( 38,980 ) ( 43,252 )
Net current assets (liabilities): 34,212 44,524
Total assets less current liabilities: 34,212 44,524
Total net assets (liabilities): 34,212 44,524

The notes form part of these financial statements

SEPIA RECORDS LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 34,112 44,424
Shareholders funds: 34,212 44,524

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 8 November 2024
And Signed On Behalf Of The Board By:

Name: Kay Peng Tay
Status: Director

The notes form part of these financial statements

SEPIA RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SEPIA RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

SEPIA RECORDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No