Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-05-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.The principal activity of the company continued to be that of music touring and promotion.11truefalse 13307790 2023-05-01 2023-12-31 13307790 2022-05-01 2023-04-30 13307790 2023-12-31 13307790 2023-04-30 13307790 c:Director1 2023-05-01 2023-12-31 13307790 d:CurrentFinancialInstruments 2023-12-31 13307790 d:CurrentFinancialInstruments 2023-04-30 13307790 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13307790 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13307790 d:ShareCapital 2023-12-31 13307790 d:ShareCapital 2023-04-30 13307790 d:RetainedEarningsAccumulatedLosses 2023-12-31 13307790 d:RetainedEarningsAccumulatedLosses 2023-04-30 13307790 c:OrdinaryShareClass1 2023-05-01 2023-12-31 13307790 c:OrdinaryShareClass1 2023-12-31 13307790 c:OrdinaryShareClass1 2023-04-30 13307790 c:FRS102 2023-05-01 2023-12-31 13307790 c:AuditExempt-NoAccountantsReport 2023-05-01 2023-12-31 13307790 c:FullAccounts 2023-05-01 2023-12-31 13307790 c:PrivateLimitedCompanyLtd 2023-05-01 2023-12-31 13307790 e:PoundSterling 2023-05-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13307790














MOLOCH TOURING LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
MOLOCH TOURING LTD
REGISTERED NUMBER:13307790

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
30 April
2023
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,435,891
848,881

Cash at bank and in hand
 5 
69,518
80,165

  
1,505,409
929,046

Creditors: amounts falling due within one year
 6 
(1,443,946)
(998,582)

Net current assets/(liabilities)
  
 
 
61,463
 
 
(69,536)

Total assets less current liabilities
  
61,463
(69,536)

  

Net assets/(liabilities)
  
61,463
(69,536)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
61,462
(69,537)

  
61,463
(69,536)


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 period 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 profit and loss account 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 O E Marinho
Director

Date: 31 December 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MOLOCH TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Moloch Touring Ltd is a private company, limited by shares, registered in England and Wales, registration number 13307790. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company has shortened its accounting period from 30 April 2024 to 31 December 2023.

The principal activity of the company continued to be that of music touring and promotion.

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 Section 1A of the Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expense'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

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.
Turnover from music touring, promotion and signing bonus is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Recharged income is recognised when the corresponding expenses have been incurred on behalf of other entities.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.

Page 2

 
MOLOCH TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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 corporation 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.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

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

 
2.8

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including the director, during the period was 1 (30 April 2023 - 1).


4.


Debtors

31 December
30 April
2023
2023
£
£


Trade debtors
409,275
340,280

Amounts owed by connected entities
-
30,000

Other debtors
95,762
46,528

Prepayments and accrued income
930,854
432,073

1,435,891
848,881


Page 3

 
MOLOCH TOURING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Cash

31 December
30 April
2023
2023
£
£

Cash at bank and in hand
69,518
80,165



6.


Creditors: amounts falling due within one year

31 December
30 April
2023
2023
£
£

Trade creditors
250,028
23,178

Amounts owed to connected entities
455,981
-

Corporation tax
13,204
-

Other taxation and social security
-
15,879

Accruals and deferred income
724,733
959,525

1,443,946
998,582



7.


Share capital

31 December
30 April
2023
2023
£
£
Allotted, called up and fully paid



1 (30 April 2023 - 1) Ordinary share of £1.00
1
1


 
Page 4