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Company Registration No. 06513051 (England and Wales)
2nd Drop Music Limited Unaudited accounts for the year ended 29 February 2024
2nd Drop Music Limited Unaudited accounts Contents
Page
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2nd Drop Music Limited Company Information for the year ended 29 February 2024
Directors
James Bliss Mark Gurney
Company Number
06513051 (England and Wales)
Registered Office
2 Greyswood Street London SW16 6QN
Accountants
Gordons Knight Ltd 12 South Drive Banstead Surrey England SM7 3BH
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2nd Drop Music Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
- 
311 
Creditors: amounts falling due within one year
(4,221)
(1,808)
Net current liabilities
(4,221)
(1,497)
Net liabilities
(4,221)
(1,497)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(5,221)
(2,497)
Shareholders' funds
(4,221)
(1,497)
For the year ending 29 February 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 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 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
James Bliss Director Company Registration No. 06513051
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2nd Drop Music Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
2nd Drop Music Limited is a private company, limited by shares, registered in England and Wales, registration number 06513051. The registered office is 2 Greyswood Street, London, SW16 6QN.
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.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
517 
493 
Loans from directors
2,804 
232 
Accruals
900 
1,083 
4,221 
1,808 
5
Controlling party
The company's controlling party is James Bliss - 50% ,Mark Gurney - 50% by virtue of their ownership of the issued share capital in the company.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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