NLG RECORDINGS LTD

Company limited by guarantee

Company Registration Number:
10168129 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

NLG RECORDINGS LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NLG RECORDINGS LTD

Company limited by guarantee

Company Information

for the Period Ended 31 May 2024




Director: Jean Pickering
Registered office: 24 Buckingham Court
Hawfield Lane
Burton-On-Trent
Staffordshire
England
DE15 0DB
Company Registration Number: 10168129 (England and Wales)

NLG RECORDINGS LTD

Company limited by guarantee

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Jean Pickering

This report was approved by the board of directors on 3 January 2025
And Signed On Behalf Of The Board By:

Name: Jean Pickering
Status: Director

NLG RECORDINGS LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Turnover 524 -
Gross surplus or (deficit) 524 -
Distribution Costs ( 51 ) -
Administrative Expenses ( 473 ) -
Operating surplus or (deficit) 0 -
Surplus or (deficit) before tax 0 -
Surplus or (deficit) for the period 0 -

The notes form part of these financial statements

NLG RECORDINGS LTD

Company limited by guarantee

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 10,535 1
Total current assets: 10,535 1
Creditors: amounts falling due within one year: 4 ( 5,457 )
Net current assets (liabilities): 5,078 1
Total assets less current liabilities: 5,078 1
Creditors: amounts falling due after more than one year: 5 ( 5,077 )
Total net assets (liabilities): 1 1

The notes form part of these financial statements

NLG RECORDINGS LTD

Company limited by guarantee

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Reserves
Revaluation reserve: 6 1 1
Members funds 1 1

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 January 2025
And Signed On Behalf Of The Board By:

Name: Jean Pickering
Status: Director

The notes form part of these financial statements

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

    the company is not employing anyone at the moment, I'm creating content, and distributing through NLG Recordings Ltd. when the company gets to the stage of making a profit; then ill look into taking on employees. so at the moment its just me.

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 5,457
Total 5,457

The company is paying a Bounce Back loan of £25,000 over a five year period. it should be completed by 2026. I'm working and paying back the loan while creating the content, as well as working my marketing and distributing the content that's created

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 5,077
Total 5,077

The company is paying a Bounce Back loan of £25,000 over a five year period. it should be completed by 2026.

NLG RECORDINGS LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve


2024
£
Balance at 01 June 2023 1
Surplus or deficit after revaluation 0
Balance at 31 May 2024 1

The company is paying a Bounce Back loan of £25,000 over a five year period.