Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 05110114 N C Bray N C Bray true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05110114 2023-04-30 05110114 2024-04-30 05110114 2023-05-01 2024-04-30 05110114 frs-core:CurrentFinancialInstruments 2024-04-30 05110114 frs-core:Non-currentFinancialInstruments 2024-04-30 05110114 frs-core:ComputerEquipment 2024-04-30 05110114 frs-core:ComputerEquipment 2023-05-01 2024-04-30 05110114 frs-core:ComputerEquipment 2023-04-30 05110114 frs-core:FurnitureFittings 2024-04-30 05110114 frs-core:FurnitureFittings 2023-05-01 2024-04-30 05110114 frs-core:FurnitureFittings 2023-04-30 05110114 frs-core:PlantMachinery 2024-04-30 05110114 frs-core:PlantMachinery 2023-05-01 2024-04-30 05110114 frs-core:PlantMachinery 2023-04-30 05110114 frs-core:ShareCapital 2024-04-30 05110114 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05110114 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05110114 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05110114 frs-bus:SmallEntities 2023-05-01 2024-04-30 05110114 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05110114 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05110114 1 2023-05-01 2024-04-30 05110114 frs-bus:Director1 2023-05-01 2024-04-30 05110114 frs-countries:EnglandWales 2023-05-01 2024-04-30 05110114 2022-04-30 05110114 2023-04-30 05110114 2022-05-01 2023-04-30 05110114 frs-core:CurrentFinancialInstruments 2023-04-30 05110114 frs-core:Non-currentFinancialInstruments 2023-04-30 05110114 frs-core:ShareCapital 2023-04-30 05110114 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05110114
Nathan Bray Music Services Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05110114
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,755 2,209
1,755 2,209
CURRENT ASSETS
Debtors 5 4,413 4,060
4,413 4,060
Creditors: Amounts Falling Due Within One Year 6 (4,358 ) (3,590 )
NET CURRENT ASSETS (LIABILITIES) 55 470
TOTAL ASSETS LESS CURRENT LIABILITIES 1,810 2,679
Creditors: Amounts Falling Due After More Than One Year 7 (1,566 ) (2,578 )
NET ASSETS 244 101
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 144 1
SHAREHOLDERS' FUNDS 244 101
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For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
N C Bray
Director
22nd January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Nathan Bray Music Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05110114 . The registered office is Unit 8 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, Nottinghamshire, NG12 4DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.4. Taxation
Income tax expense represents the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 26,683 3,260 590 30,533
Additions - - 340 340
Disposals - - (590 ) (590 )
As at 30 April 2024 26,683 3,260 340 30,283
Depreciation
As at 1 May 2023 24,863 3,113 348 28,324
Provided during the period 455 29 68 552
Disposals - - (348 ) (348 )
As at 30 April 2024 25,318 3,142 68 28,528
...CONTINUED
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Net Book Value
As at 30 April 2024 1,365 118 272 1,755
As at 1 May 2023 1,820 147 242 2,209
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,413 4,060
4,413 4,060
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 1,012 987
Corporation tax 1,946 1,303
Other creditors 1,400 1,300
4,358 3,590
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,566 2,578
1,566 2,578
8. Related Party Transactions
As at 30 April 2024 the director owed the company £4,413 (2023: £4,060).
9. Ultimate Controlling Party
The company's ultimate controlling party is N C Bray by virtue of his ownership of 100% of the issued share capital in the company.
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