Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31112023-04-01falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse 01364134 2023-04-01 2024-03-31 01364134 2022-04-01 2023-03-31 01364134 2024-03-31 01364134 2023-03-31 01364134 c:Director1 2023-04-01 2024-03-31 01364134 d:CurrentFinancialInstruments 2024-03-31 01364134 d:CurrentFinancialInstruments 2023-03-31 01364134 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01364134 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01364134 d:ShareCapital 2024-03-31 01364134 d:ShareCapital 2023-03-31 01364134 d:RetainedEarningsAccumulatedLosses 2024-03-31 01364134 d:RetainedEarningsAccumulatedLosses 2023-03-31 01364134 c:FRS102 2023-04-01 2024-03-31 01364134 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01364134 c:FullAccounts 2023-04-01 2024-03-31 01364134 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01364134 2 2023-04-01 2024-03-31 01364134 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 01364134









MANTHULA MUSIC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MANTHULA MUSIC LIMITED
REGISTERED NUMBER: 01364134

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors due within 1 year
  
107,588
77,127

Cash at bank and in hand
 5 
672,467
468,040

  
780,055
545,167

Creditors: amounts falling due within one year
 6 
(126,673)
(71,367)

Net current assets
  
 
 
653,382
 
 
473,800

Total assets less current liabilities
  
653,382
473,800

  

Net assets
  
653,382
473,800


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
653,182
473,600

  
653,382
473,800


Page 1

 
MANTHULA MUSIC LIMITED
REGISTERED NUMBER: 01364134
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 November 2024.




D Withers
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MANTHULA MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Manthula Music Limited is a private company, limited by shares, domiciled in England and Wales (Registered number 01364134). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The Company's principal activities during the year remained that of songwriters, lyricists and entertainers.
The companys functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
 

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
MANTHULA MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

2024
2023
£
£

Wages and salaries
8,000
8,000

Social security costs
171
-

8,171
8,000


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
MANTHULA MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Trade debtors
107,589
77,040

Other debtors
-
85

107,589
77,125



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
672,467
468,040

672,467
468,040



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
107,058
51,567

Other taxation and social security
9,394
13,820

Other creditors
4,299
58

Accruals and deferred income
5,922
5,922

126,673
71,367


 
Page 5