Company Registration No. 15276000 (England and Wales)
NEXT DOOR RECORDS TWO LTD
Unaudited accounts
for the period from 10 November 2023 to 30 June 2024
NEXT DOOR RECORDS TWO LTD
Unaudited accounts
Contents
NEXT DOOR RECORDS TWO LTD
Company Information
for the period from 10 November 2023 to 30 June 2024
Directors
Alfred Louis Aukett
Thom Edward Parris
Louis James Rawroth
Company Number
15276000 (England and Wales)
Registered Office
304 Uxbridge Road
London
W12 7LJ
England
Accountants
Williams Stanley and Co
NEXT DOOR RECORDS TWO LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
14,523
Creditors: amounts falling due within one year
(131,981)
Net current liabilities
(115,983)
Called up share capital
100
Profit and loss account
(58,129)
Shareholders' funds
(58,029)
For the period 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 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
Alfred Louis Aukett
Director
Company Registration No. 15276000
NEXT DOOR RECORDS TWO LTD
Notes to the Accounts
for the period from 10 November 2023 to 30 June 2024
NEXT DOOR RECORDS TWO LTD is a private company, limited by shares, registered in England and Wales, registration number 15276000. The registered office is 304 Uxbridge Road, London, W12 7LJ, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ÃÂã sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 years straight line
Fixtures & fittings
4 years straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
4,203
57,110
61,313
At 30 June 2024
4,203
57,110
61,313
Charge for the period
350
3,009
3,359
At 30 June 2024
350
3,009
3,359
At 30 June 2024
3,853
54,101
57,954
NEXT DOOR RECORDS TWO LTD
Notes to the Accounts
for the period from 10 November 2023 to 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
1,466
6
Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
61,857
Taxes and social security
2,384
7
Transactions with related parties
The company is a wholly owned subsidiary of Next Door Holdings Ltd. The amount owed to Next Door Holdings Ltd at the balance sheet date was £61,857.
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Average number of employees
During the period the average number of employees was 0.