2023-05-01 11315779 2024-04-30 11315779 2023-05-01 2024-04-30 11315779 2023-04-30 11315779 2022-05-01 2023-04-30 11315779 uk-core:WithinOneYear 2023-04-30 11315779 uk-core:WithinOneYear 2024-04-30 11315779 uk-core:AfterOneYear 2023-04-30 11315779 uk-core:AfterOneYear 2024-04-30 11315779 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 11315779 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 11315779 uk-bus:Director1 2023-05-01 2024-04-30 11315779 uk-core:WithinOneYear 2024-04-30 11315779 uk-core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure 11315779 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11315779 uk-bus:FRS102 2023-05-01 2024-04-30 11315779 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 11315779 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
MUSIC SHOP LONDON LIMITED
Registered Number:11315779
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
MUSIC SHOP LONDON LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11315779
As at 30 April 2024
MUSIC SHOP LONDON LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,044
661
2
1,044
661
Current assets
Inventories
220,000
152,000
3
Trade and other receivables
1,591
30,544
4
2,838
Cash and cash equivalents
3,053
185,597
224,429
Trade and other payables: amounts falling due within one
year
(205,152)
(173,103)
5
19,277
12,494
Net current assets
Total assets less current liabilities
13,538
19,938
Trade and other payables: amounts falling due after more
than one year
(22,826)
(14,983)
6
(1,445)
Net liabilities
(2,888)
Capital and reserves
Retained earnings
(1,445)
(2,888)
(1,445)
(2,888)
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
SARMAITIS, Andrius Director
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2024
MUSIC SHOP LONDON LIMITED
Notes to the Financial Statements
Statutory Information
MUSIC SHOP LONDON LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11315779.
Registered address:
5 Chigwell Road
London
E18 1LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 May 2023
1,502
645
Additions
At 30 April 2024
2,147
Provision for depreciation and impairment
At 01 May 2023
841
Charge for year
262
At 30 April 2024
1,103
At 30 April 2024
Net book value
1,044
At 30 April 2023
661
3. Inventories
2023
2024
£
£
Stocks
152,000
220,000
2 of 3
5
For the year ended 30 April 2024
MUSIC SHOP LONDON LIMITED
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
30,544
1,392
Other debtors
-
199
1,591
30,544
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
6,973
34,890
Trade creditors
(1)
4,382
Taxation and social security
4,227
881
Other creditors
161,904
164,999
173,103
205,152
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
14,983
22,826
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3