PTP Accounts Production v24.1.0.578 07220765 Board of Directors 1.5.23 30.4.24 30.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072207652023-04-30072207652024-04-30072207652023-05-012024-04-30072207652022-04-30072207652022-05-012023-04-30072207652023-04-3007220765ns15:EnglandWales2023-05-012024-04-3007220765ns14:PoundSterling2023-05-012024-04-3007220765ns10:Director12023-05-012024-04-3007220765ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007220765ns10:SmallEntities2023-05-012024-04-3007220765ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007220765ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007220765ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007220765ns10:FullAccounts2023-05-012024-04-3007220765ns10:Director22023-05-012024-04-3007220765ns10:Director32023-05-012024-04-3007220765ns10:Director42023-05-012024-04-3007220765ns10:Director52023-05-012024-04-3007220765ns10:CompanySecretary12023-05-012024-04-3007220765ns10:RegisteredOffice2023-05-012024-04-3007220765ns5:CurrentFinancialInstruments2024-04-3007220765ns5:CurrentFinancialInstruments2023-04-3007220765ns5:ShareCapital2024-04-3007220765ns5:ShareCapital2023-04-3007220765ns5:RetainedEarningsAccumulatedLosses2024-04-3007220765ns5:RetainedEarningsAccumulatedLosses2023-04-3007220765ns5:PlantMachinery2023-04-3007220765ns5:PlantMachinery2023-05-012024-04-3007220765ns5:PlantMachinery2024-04-3007220765ns5:PlantMachinery2023-04-3007220765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3007220765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 07220765 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

Moda Music Limited

Moda Music Limited (Registered number: 07220765)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Moda Music Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: B J Atkins
A S George
T Ingamells
S A Jameson
G R Blackburn





SECRETARY:





REGISTERED OFFICE: 55 Kentish Town Road
Camden Town
London
NW1 8NX





REGISTERED NUMBER: 07220765 (England and Wales)





ACCOUNTANTS: Mansfield & Co Chartered Accountants
55 Kentish Town Road
Camden Town
London
NW1 8NX

Moda Music Limited (Registered number: 07220765)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33 41

CURRENT ASSETS
Debtors 5 1,059 760
Prepayments and accrued income 2,636 2,703
Cash at bank 56,809 51,167
60,504 54,630
CREDITORS
Amounts falling due within one year 6 62,453 53,510
NET CURRENT (LIABILITIES)/ASSETS (1,949 ) 1,120
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,916

)

1,161

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,016 ) 1,061
SHAREHOLDERS' FUNDS (1,916 ) 1,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Moda Music Limited (Registered number: 07220765)

Balance Sheet - continued
30 April 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 5 November 2024 and were signed on its behalf by:





G R Blackburn - Director


Moda Music Limited (Registered number: 07220765)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Moda Music 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Moda Music Limited (Registered number: 07220765)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 740
DEPRECIATION
At 1 May 2023 699
Charge for year 8
At 30 April 2024 707
NET BOOK VALUE
At 30 April 2024 33
At 30 April 2023 41

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 236 -
Other debtors 823 760
1,059 760

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 1,220
Taxation and social security 3,053 1,456
Other creditors 59,400 50,834
62,453 53,510

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £8,000 (2023 - £2,183) were paid to the directors .