Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-318false2023-04-01No description of principal activity10truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10428276 2023-04-01 2024-03-31 10428276 2021-11-01 2023-03-31 10428276 2024-03-31 10428276 2023-03-31 10428276 c:Director1 2023-04-01 2024-03-31 10428276 d:OfficeEquipment 2023-04-01 2024-03-31 10428276 d:OfficeEquipment 2024-03-31 10428276 d:OfficeEquipment 2023-03-31 10428276 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10428276 d:CurrentFinancialInstruments 2024-03-31 10428276 d:CurrentFinancialInstruments 2023-03-31 10428276 d:Non-currentFinancialInstruments 2024-03-31 10428276 d:Non-currentFinancialInstruments 2023-03-31 10428276 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10428276 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10428276 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10428276 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10428276 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 10428276 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 10428276 d:ShareCapital 2024-03-31 10428276 d:ShareCapital 2023-03-31 10428276 d:RetainedEarningsAccumulatedLosses 2024-03-31 10428276 d:RetainedEarningsAccumulatedLosses 2023-03-31 10428276 c:FRS102 2023-04-01 2024-03-31 10428276 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10428276 c:FullAccounts 2023-04-01 2024-03-31 10428276 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10428276 2 2023-04-01 2024-03-31 10428276 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10428276









MUSIC MARQUEE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MUSIC MARQUEE LIMITED
REGISTERED NUMBER: 10428276

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
2,196
2,928

  
2,196
2,928

Current assets
  

Debtors: amounts falling due within one year
 5 
152,761
140,320

Cash at bank and in hand
 6 
261,745
309,091

  
414,506
449,411

Creditors: amounts falling due within one year
 7 
(188,340)
(201,676)

Net current assets
  
 
 
226,166
 
 
247,735

Total assets less current liabilities
  
228,362
250,663

Creditors: amounts falling due after more than one year
 8 
(13,094)
(22,557)

  

Net assets
  
215,268
228,106


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
215,168
228,006

  
215,268
228,106


Page 1

 
MUSIC MARQUEE LIMITED
REGISTERED NUMBER: 10428276
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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 income and retained earnings 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 by: 


................................................
D R Brewster
Director

Date: 21 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

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

1.


General information

Music Marquee Limited is a private company limited by share. The company is incorporated in England and Wales and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is  10428276.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

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

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 4

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

3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 8).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
8,523



At 31 March 2024

8,523



Depreciation


At 1 April 2023
5,595


Charge for the year on owned assets
732



At 31 March 2024

6,327



Net book value



At 31 March 2024
2,196



At 31 March 2023
2,928

Page 5

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

5.


Debtors

2024
2023
£
£


Trade debtors
59,033
34,990

Other debtors
86,884
101,005

Prepayments and accrued income
6,844
4,325

152,761
140,320



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
261,745
309,091

261,745
309,091



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,182
10,648

Trade creditors
53,456
104,657

Corporation tax
39,456
13,286

Other taxation and social security
47,265
45,213

Other creditors
22,981
21,872

Accruals and deferred income
15,000
6,000

188,340
201,676



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
13,094
22,557

13,094
22,557


Page 6

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

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,182
10,648


10,182
10,648

Amounts falling due 1-2 years

Bank loans
13,094
22,557

13,094
22,557




 
Page 7