REC MUSIC LTD

Company Registration Number:
14427584 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

REC MUSIC LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

REC MUSIC LTD

Company Information

for the Period Ended 31 October 2024




Director: Roy Cummings
Registered office: 12
Belfairs Close
Ashton-Under-Lyne
England
OL7 9TE
Company Registration Number: 14427584 (England and Wales)

REC MUSIC LTD

Directors' Report Period Ended 31 October 2024

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

Principal Activities

Music Education and Experiences in education settings. Private Tuition both in and out of educational settings.

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Roy Cummings

This report was approved by the board of directors on 14 November 2024
And Signed On Behalf Of The Board By:

Name: Roy Cummings
Status: Director

REC MUSIC LTD

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 23,975 15,590
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 23,975 15,590
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 27,716 ) ( 11,173 )
Operating Profit or (Loss) ( 3,741 ) 4,417
Profit or (Loss) Before Tax ( 3,741 ) 4,417
Profit or (Loss) for Period ( 3,741 ) 4,417

The notes form part of these financial statements

REC MUSIC LTD

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 10,196 5,674
Total current assets: 10,196 5,674
Creditors: amounts falling due within one year: 4 ( 9,521 ) ( 1,258 )
Net current assets (liabilities): 675 4,416
Total assets less current liabilities: 675 4,416
Total net assets (liabilities): 675 4,416

The notes form part of these financial statements

REC MUSIC LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 674 4,415
Shareholders funds: 675 4,416

For the year ending 31 October 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.

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 14 November 2024
And Signed On Behalf Of The Board By:

Name: Roy Cummings
Status: Director

The notes form part of these financial statements

REC MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

REC MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

    Director / Employee

REC MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

REC MUSIC LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 9,521 1,258
Total 9,521 1,258

Wages / Payroll