Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-03-03false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14704953 2023-03-02 14704953 2023-03-03 2024-03-31 14704953 2022-03-03 2023-03-02 14704953 2024-03-31 14704953 c:Director1 2023-03-03 2024-03-31 14704953 d:CurrentFinancialInstruments 2024-03-31 14704953 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14704953 d:ShareCapital 2024-03-31 14704953 d:RetainedEarningsAccumulatedLosses 2024-03-31 14704953 c:OrdinaryShareClass1 2023-03-03 2024-03-31 14704953 c:OrdinaryShareClass1 2024-03-31 14704953 c:FRS102 2023-03-03 2024-03-31 14704953 c:AuditExempt-NoAccountantsReport 2023-03-03 2024-03-31 14704953 c:FullAccounts 2023-03-03 2024-03-31 14704953 c:PrivateLimitedCompanyLtd 2023-03-03 2024-03-31 14704953 e:PoundSterling 2023-03-03 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14704953














KING MUSIC LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
KING MUSIC LTD
REGISTERED NUMBER:14704953

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Cash in hand
 4 
1

  
1

Creditors: amounts falling due within one year
 5 
(10,888)

Net current liabilities
  
 
 
(10,887)

Total assets less current liabilities
  
(10,887)

  

Net liabilities
  
(10,887)


Capital and reserves
  

Called up share capital 
 6 
1

Profit and loss account
  
(10,888)

  
(10,887)


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




F Packer
Director

Date: 2 December 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
KING MUSIC LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

King Music Ltd is a private company, limited by shares, registered in England and Wales, registration number 14704953. During the period, the company change its registered office address from  27 Mortimer Street, London, W1T 3BL to its current registered office address Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 3 March 2023 and commenced trade on the same date.
The principal activity of the company is that of sound recording and music publishing activities.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Going concern

The financial statements have been prepared on the going concern basis as the director has confirmed he will continue to provide the necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

 
2.4

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other creditors and loans with related party.


3.


Employees

The average monthly number of employees, including the director, during the period was 1.

Page 2

 
KING MUSIC LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Cash

2024
£

Cash in hand
1



5.


Creditors: amounts falling due within one year

2024
£

Other creditors
9,100

Accruals
1,788

10,888



6.


Share capital

2024
£
Allotted, called up and fully paid


100 ordinary shares of £0.01 each
1


On incorporation, the company issued 100 ordinary shares at nominal value.


7.


Transactions with the director

As at the period end, the company owed £9,100 to the director. This loan was unsecured, interest free and repayable on demand.

 
Page 3