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Company Registration No. 10230393 (England and Wales)
Funky Fly Music Ltd Unaudited accounts for the year ended 30 June 2024
Funky Fly Music Ltd Unaudited accounts Contents
Page
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Funky Fly Music Ltd Company Information for the year ended 30 June 2024
Director
Kerstan Mackness
Company Number
10230393 (England and Wales)
Registered Office
41 Queens Court Liverpool Road Kingston Upon Thames Surrey KT2 7SY United Kingdom
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Funky Fly Music Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,312 
2,791 
Current assets
Debtors
40,913 
30,683 
Cash at bank and in hand
30,859 
25,483 
71,772 
56,166 
Creditors: amounts falling due within one year
(65,794)
(45,811)
Net current assets
5,978 
10,355 
Net assets
9,290 
13,146 
Capital and reserves
Profit and loss account
9,290 
13,146 
Shareholders' funds
9,290 
13,146 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2024 and were signed on its behalf by
Kerstan Mackness Director Company Registration No. 10230393
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Funky Fly Music Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Funky Fly Music Ltd is a private company, limited by shares, registered in England and Wales, registration number 10230393. The registered office is 41 Queens Court, Liverpool Road, Kingston Upon Thames, Surrey, KT2 7SY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
12,484 
704 
13,188 
Additions
2,480 
1,414 
3,894 
Disposals
(9,801)
- 
(9,801)
At 30 June 2024
5,163 
2,118 
7,281 
Depreciation
At 1 July 2023
10,162 
235 
10,397 
Charge for the year
2,667 
706 
3,373 
On disposals
(9,801)
- 
(9,801)
At 30 June 2024
3,028 
941 
3,969 
Net book value
At 30 June 2024
2,135 
1,177 
3,312 
At 30 June 2023
2,322 
469 
2,791 
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Funky Fly Music Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
4 
Trade debtors
5,706 
12,105 
Other debtors
35,207 
18,574 
40,913 
30,683 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,114 
9,150 
Taxes and social security
34,414 
16,340 
Other creditors
29,240 
20,258 
Loans from directors
26 
63 
65,794 
45,811 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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