Company Registration No. 09700666 (England and Wales)
Elsie Music Limited
Unaudited accounts
for the year ended 31 July 2024
Elsie Music Limited
Unaudited accounts
Contents
Elsie Music Limited
Company Information
for the year ended 31 July 2024
Directors
Paul Kegg
Alison Kegg
Company Number
09700666 (England and Wales)
Registered Office
Denmark House
143 High Street
Chalfont St Peter
Buckinghamshire
SL9 9QL
England
Accountants
Lane Accounting Limited
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Elsie Music Limited
Statement of financial position
as at 31 July 2024
Tangible assets
1,152
1,536
Cash at bank and in hand
264,430
225,294
Creditors: amounts falling due within one year
(71,946)
(79,771)
Net current assets
192,776
145,523
Net assets
193,928
147,059
Called up share capital
100
100
Profit and loss account
193,828
146,959
Shareholders' funds
193,928
147,059
For the year ending 31 July 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 5 November 2024 and were signed on its behalf by
Paul Kegg
Director
Company Registration No. 09700666
Elsie Music Limited
Notes to the Accounts
for the year ended 31 July 2024
Elsie Music Limited is a private company, limited by shares, registered in England and Wales, registration number 09700666. The registered office is Denmark House, 143 High Street, Chalfont St Peter, Buckinghamshire, SL9 9QL, 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 remained unchanged from the previous year, and also 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 £ sterling.
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:
Fixtures & fittings
20% per annum cost
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due after more than one year
Elsie Music Limited
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,656
8,641
Loans from directors
57,896
69,915
At 31 July 2024, the directors were owed £57,895 (2023 - £69,615) by the company. This is an interest-bearing loan payable
on demand. During the year interest of £1,135.22 was charged
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Average number of employees
During the year the average number of employees was 1 (2023: 2).