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REGISTERED NUMBER: 07119673 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

W.O.W. Music Productions Limited

W.O.W. Music Productions Limited (Registered number: 07119673)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W.O.W. Music Productions Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: M Walker
Mrs A Walker





REGISTERED OFFICE: Balmacara
Ings Lane
Whitton
Lincolnshire
DN15 9LW





REGISTERED NUMBER: 07119673 (England and Wales)





ACCOUNTANTS: Hawson Jefferies
Suite 4
164-170 Queens Road
Sheffield
South Yorkshire
S2 4DH

W.O.W. Music Productions Limited (Registered number: 07119673)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,498 2,544

CURRENT ASSETS
Debtors 5 1,770 1,971
Cash at bank 22,130 68,174
23,900 70,145
CREDITORS
Amounts falling due within one year 6 11,028 20,935
NET CURRENT ASSETS 12,872 49,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,370

51,754

CREDITORS
Amounts falling due after more than one
year

7

14,583

17,361
NET ASSETS 787 34,393

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 783 34,389
787 34,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

W.O.W. Music Productions Limited (Registered number: 07119673)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:




M Walker - Director



Mrs A Walker - Director


W.O.W. Music Productions Limited (Registered number: 07119673)

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

1. STATUTORY INFORMATION

W.O.W. Music Productions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 462 1,020 11,853 13,335
Additions - - 716 716
At 29 February 2024 462 1,020 12,569 14,051
DEPRECIATION
At 1 March 2023 178 394 10,219 10,791
Charge for year 43 94 625 762
At 29 February 2024 221 488 10,844 11,553
NET BOOK VALUE
At 29 February 2024 241 532 1,725 2,498
At 28 February 2023 284 626 1,634 2,544

W.O.W. Music Productions Limited (Registered number: 07119673)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 1,763
Other debtors 1,770 208
1,770 1,971

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 2,778 2,778
Trade creditors - 1,332
Taxation and social security 6,722 15,307
Other creditors 1,528 1,518
11,028 20,935

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 14,583 17,361

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
M Walker
Balance outstanding at start of year (50 ) (99 )
Amounts advanced 52,117 60,982
Amounts repaid (50,463 ) (60,933 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,604 (50 )