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REGISTERED NUMBER: 09394071 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2024 to 31 October 2024

for

South Coast Jazz Limited

South Coast Jazz Limited (Registered number: 09394071)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 October 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


South Coast Jazz Limited (Registered number: 09394071)

Balance Sheet
31 October 2024

2024 2024
Notes £    £    £    £   
Fixed assets
Property, plant and equipment 4 - 2,041

Current assets
Debtors 5 2,232 2,296
Cash at bank - 1,449
2,232 3,745
Creditors: amounts falling due within
one year

6

1,868

6,248
Net current assets/(liabilities) 364 (2,503 )
Total assets less current liabilities 364 (462 )

Capital and reserves
Called up share capital 7 10 10
Retained earnings 354 (472 )
Shareholders' funds 364 (462 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

South Coast Jazz Limited (Registered number: 09394071)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





C H Coull - Director


South Coast Jazz Limited (Registered number: 09394071)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 October 2024

1. Statutory information

South Coast Jazz Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09394071

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

The period covered by the financial statements is 7 months from 1 April 2024 to 31 October 2024 therefore comparatives are not entirely comparable. The reason for shortening the year end is due to the company ceasing trade.

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 and represents amounts receivable for services rendered, stated net of discounts.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% reducing balance
Computer equipment - 33% straight line


South Coast Jazz Limited (Registered number: 09394071)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 October 2024

2. Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period was 1 (2024 - 2 ) .

4. Property, plant and equipment
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 April 2024 993 2,015 3,008
Disposals (993 ) (2,015 ) (3,008 )
At 31 October 2024 - - -
Depreciation
At 1 April 2024 196 771 967
Charge for period 93 388 481
Eliminated on disposal (289 ) (1,159 ) (1,448 )
At 31 October 2024 - - -
Net book value
At 31 October 2024 - - -
At 31 March 2024 797 1,244 2,041

5. Debtors: amounts falling due within one year
2024 2024
£    £   
Trade debtors - 300
Other debtors 2,232 1,996
2,232 2,296

South Coast Jazz Limited (Registered number: 09394071)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 October 2024

6. Creditors: amounts falling due within one year
2024 2024
£    £   
Taxation and social security 637 2,614
Other creditors 1,231 3,634
1,868 6,248

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2024
value: £    £   
10 Ordinary £1 10 10

8. Directors' advances, credits and guarantees

During the period, the company advanced a director £2,232 (2024: £0) and he repaid £0 (2024: £0). At the period end, the director owed the company £2,232 (2024: £0). The advances were interest-free, unsecured and repayable on demand.

9. Related party disclosures

Creditors include a balance of £0 (2024: £1,994) owed to the director.