JB MUSIC LTD

Company Registration Number:
10018674 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

JB MUSIC LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

JB MUSIC LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 31,226 39,484
Total fixed assets: 31,226 39,484
Current assets
Cash at bank and in hand: 4,505 3,627
Total current assets: 4,505 3,627
Creditors: amounts falling due within one year: 4 (14,871) (21,450)
Net current assets (liabilities): (10,366) (17,823)
Total assets less current liabilities: 20,860 21,661
Creditors: amounts falling due after more than one year: 5 (17,400) (20,184)
Total net assets (liabilities): 3,460 1,477
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 2,460 477
Shareholders funds: 3,460 1,477

The notes form part of these financial statements

JB MUSIC LTD

Balance sheet statements

For the year ending 29 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 June 2024
and signed on behalf of the board by:

Name: C A Phillips
Status: Director

The notes form part of these financial statements

JB MUSIC LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

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

JB MUSIC LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

JB MUSIC LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 192,700
Additions 21,070
At 29 February 2024 213,770
Depreciation
At 01 March 2023 153,216
Charge for year 29,328
At 29 February 2024 182,544
Net book value
At 29 February 2024 31,226
At 28 February 2023 39,484

JB MUSIC LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

Taxation £5,607 Other creditors £9,264 Total £14,871

JB MUSIC LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £17,400