Must Try Softer Productions LTD 11198750 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is radio broadcasting Digita Accounts Production Advanced 6.30.9574.0 true true 11198750 2023-03-01 2024-02-29 11198750 2024-02-29 11198750 bus:OrdinaryShareClass1 2024-02-29 11198750 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 11198750 core:Non-currentFinancialInstruments 2024-02-29 11198750 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 11198750 bus:SmallEntities 2023-03-01 2024-02-29 11198750 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11198750 bus:FilletedAccounts 2023-03-01 2024-02-29 11198750 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11198750 bus:RegisteredOffice 2023-03-01 2024-02-29 11198750 bus:Director1 2023-03-01 2024-02-29 11198750 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 11198750 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11198750 countries:England 2023-03-01 2024-02-29 11198750 2022-03-01 2023-02-28 11198750 2023-02-28 11198750 bus:OrdinaryShareClass1 2023-02-28 11198750 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 11198750 core:Non-currentFinancialInstruments 2023-02-28 11198750 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 11198750 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11198750

Must Try Softer Productions LTD

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

Must Try Softer Productions LTD

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Must Try Softer Productions LTD

Company Information

Director

Mrs Rosie Oates

Registered office

34 Wentworth Park Avenue
Harborne
Birmingham
West Midlands
B17 9QU

Accountants

Mr Satraj Suman ACMA
21 Babors Field
Bilston
Wolverhampton
West Midlands
WV14 9XS

 

Must Try Softer Productions LTD

(Registration number: 11198750)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

157

7,157

Creditors: Amounts falling due within one year

4

1

1

Total assets less current liabilities

 

158

7,158

Creditors: Amounts falling due after more than one year

4

(6,506)

(2,990)

Net (liabilities)/assets

 

(6,348)

4,168

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

(6,349)

4,167

Shareholders' (deficit)/funds

 

(6,348)

4,168

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 November 2024
 

.........................................
Mrs Rosie Oates
Director

 

Must Try Softer Productions LTD

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
34 Wentworth Park Avenue
Harborne
Birmingham
West Midlands
B17 9QU
United Kingdom

These financial statements were authorised for issue by the director on 26 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

 

Must Try Softer Productions LTD

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Must Try Softer Productions LTD

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Creditors

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

6,506

2,990

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

1

1

1

1

       

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

6,506

2,990

7

Dividends

Final dividends paid

2024
£

2023
£

Final dividend of £Nil per each Ordinary Shares

-

-

 

 

8

Related party transactions

 

Must Try Softer Productions LTD

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

9,096

9,075