JL MUSIC LTD

Company Registration Number:
14923573 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 08 June 2023

End date: 30 June 2024

JL MUSIC LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

JL MUSIC LTD

Company Information

for the Period Ended 30 June 2024




Director: JOSHUA LOMAX
Registered office: 98
Kings Road
Blackburn
England
BB2 4PY
Company Registration Number: 14923573 (England and Wales)

JL MUSIC LTD

Balance sheet

As at 30 June 2024


Notes
13 months to
30 Jun 2024
£
Fixed assets
Tangible assets: 4 496
Total fixed assets: 496
Current assets
Debtors: 5 51
Cash at bank and in hand: 37
Total current assets: 88
Creditors: amounts falling due within one year: 6 ( 798 )
Net current assets (liabilities): ( 710 )
Total assets less current liabilities: ( 214 )
Total net assets (liabilities): ( 214 )

The notes form part of these financial statements

JL MUSIC LTD

Balance sheet continued

As at 30 June 2024


Notes
13 months to
30 Jun 2024
£
Capital and reserves
Called up share capital: 1
Profit and loss account: ( 215 )
Shareholders funds: ( 214 )

For the year ending 30 June 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 4 January 2025
And Signed On Behalf Of The Board By:

Name: JOSHUA LOMAX
Status: Director

The notes form part of these financial statements

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

    Turnover policy

    Turnover represents net invoiced provision of services & goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever the shorter.

    Furniture and equipment - 15% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to
    30 Jun 2024
    Average number of employees during the period 1

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Office equipment Total
Cost £ £
Additions 584 584
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2024 584 584
Depreciation
Charge for year 88 88
On disposals - -
Other adjustments - -
At 30 June 2024 88 88
Net book value
At 30 June 2024 496 496

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

13 months to
30 Jun 2024
£
Other debtors 51
Total 51

JL MUSIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note

13 months to
30 Jun 2024
£
Accruals and deferred income 750
Other creditors 48
Total 798