Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 1697660 2023-07-01 2024-06-30 1697660 2022-07-01 2023-06-30 1697660 2024-06-30 1697660 2023-06-30 1697660 c:Director1 2023-07-01 2024-06-30 1697660 d:FurnitureFittings 2023-07-01 2024-06-30 1697660 d:FurnitureFittings 2024-06-30 1697660 d:FurnitureFittings 2023-06-30 1697660 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1697660 d:ComputerEquipment 2023-07-01 2024-06-30 1697660 d:ComputerEquipment 2024-06-30 1697660 d:ComputerEquipment 2023-06-30 1697660 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1697660 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1697660 d:CurrentFinancialInstruments 2024-06-30 1697660 d:CurrentFinancialInstruments 2023-06-30 1697660 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 1697660 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 1697660 d:ShareCapital 2024-06-30 1697660 d:ShareCapital 2023-06-30 1697660 d:RetainedEarningsAccumulatedLosses 2024-06-30 1697660 d:RetainedEarningsAccumulatedLosses 2023-06-30 1697660 c:OrdinaryShareClass1 2023-07-01 2024-06-30 1697660 c:OrdinaryShareClass1 2024-06-30 1697660 c:OrdinaryShareClass1 2023-06-30 1697660 c:OrdinaryShareClass2 2023-07-01 2024-06-30 1697660 c:OrdinaryShareClass2 2024-06-30 1697660 c:OrdinaryShareClass2 2023-06-30 1697660 c:FRS102 2023-07-01 2024-06-30 1697660 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 1697660 c:FullAccounts 2023-07-01 2024-06-30 1697660 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 1697660 2 2023-07-01 2024-06-30 1697660 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 1697660









AMPERSAND MUSIC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
AMPERSAND MUSIC LIMITED
REGISTERED NUMBER: 1697660

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,311
1,546

Current assets
  

Cash at bank and in hand
  
23,489
23,020

  
23,489
23,020

Creditors: amounts falling due within one year
 5 
(22,263)
(15,647)

Net current assets
  
 
 
1,226
 
 
7,373

Total assets less current liabilities
  
2,537
8,919


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
2,437
8,819

  
2,537
8,919

Page 1

 
AMPERSAND MUSIC LIMITED
REGISTERED NUMBER: 1697660
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 statement of comprehensive income 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: 



................................................
A Webb
Director

Date: 4 December 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
AMPERSAND MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Ampersand Music Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, London, W1W 6XH.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
AMPERSAND MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Reducing balance
Computer equipment
-
15%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

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


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
AMPERSAND MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
24,561
2,225
26,786



At 30 June 2024

24,561
2,225
26,786



Depreciation


At 1 July 2023
24,180
1,064
25,244


Charge for the year on owned assets
57
174
231



At 30 June 2024

24,237
1,238
25,475



Net book value



At 30 June 2024
324
987
1,311



At 30 June 2023
381
1,162
1,543
Page 5

 
AMPERSAND MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
970
1,875

Other creditors
17,793
10,272

Accruals and deferred income
3,500
3,500

22,263
15,647



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



75 (2023 - 75) 'A' Ordinary shares shares of £1.00 each
75
75
25 (2023 - 25) 'B' Ordinary shares shares of £1.00 each
25
25

100

100


 
Page 6