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REGISTERED NUMBER: 13365988 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Formz Music Ltd

Formz Music Ltd (Registered number: 13365988)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1


Formz Music Ltd (Registered number: 13365988)

Balance Sheet
30 April 2024

30.4.24 30.4.23
£    £    £    £   
FIXED ASSETS 27,048 35,186

CURRENT ASSETS 33,554 40,012

CREDITORS
Amounts falling due within one year (20,649 ) (5,641 )
NET CURRENT ASSETS 12,905 34,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,953

69,557

CREDITORS
Amounts falling due after more than
one year

40,167

46,465
NET (LIABILITIES)/ASSETS (214 ) 23,092

CAPITAL AND RESERVES (214 ) 23,092

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Formz Music Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13365988

Registered office: 1a Briar Cottages
Stapleton Road
Borehamwood
WD6 5BS

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

Formz Music Ltd (Registered number: 13365988)

Balance Sheet - continued
30 April 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
J B Foreman
Balance outstanding at start of year (980 ) -
Amounts advanced 56,339 8,133
Amounts repaid (33,700 ) (9,113 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,659 (980 )

During the year advances of £55,811 were made to the directors and these were repayable on demand. The directors paid for £1,200 of expenses on the company's behalf. The director was entitled to dividends of £20,000 directors salaries of £12,500. Interest in the sum of £528 was charged by the company at official HMRC Rates.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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 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 Sections 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.

Formz Music Ltd (Registered number: 13365988)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





J B Foreman - Director