PEAR O'LEGS RECORDS CIC

Company limited by guarantee

Company Registration Number:
13922588 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

PEAR O'LEGS RECORDS CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PEAR O'LEGS RECORDS CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 2,278 6,555
Cost of sales: ( 1,444 ) ( 10,499 )
Gross profit(or loss): 834 (3,944)
Distribution costs: ( 211 ) ( 707 )
Administrative expenses: ( 456 ) ( 494 )
Operating profit(or loss): 167 (5,145)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 167 (5,145)
Profit(or loss) for the financial year: 167 (5,145)

PEAR O'LEGS RECORDS CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 822 784
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 822 784
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 51 21
Investments:   0 0
Total current assets: 51 21
Net current assets (liabilities): 51 21
Total assets less current liabilities: 873 805
Total net assets (liabilities): 873 805
Members' funds
Profit and loss account: 873 805
Total members' funds: 873 805

The notes form part of these financial statements

PEAR O'LEGS RECORDS CIC

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 November 2024
and signed on behalf of the board by:

Name: Jimmy Grayburn
Status: Director

The notes form part of these financial statements

PEAR O'LEGS RECORDS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PEAR O'LEGS RECORDS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

PEAR O'LEGS RECORDS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 March 2023 168 616 784
Additions 26 12 38
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 28 February 2024 194 628 822
Amortisation
At 1 March 2023 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 28 February 2024 0 0 0
Net book value
At 28 February 2024 194 628 822
At 28 February 2023 168 616 784

COMMUNITY INTEREST ANNUAL REPORT

PEAR O'LEGS RECORDS CIC

Company Number: 13922588 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

We have supported three bands and musicians to release their albums this year. This has included paying musicians and producers fairly and arranging live shows from anyway from central London to rural Wales. We have helped in recording, music production, merchandise design and production, music distribution, album promotion, networking opportunities, marketing and tour management. All our services are volunteer run.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 November 2024

And signed on behalf of the board by:
Name: Jimmy Grayburn
Status: Director