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Company Registration No. 10750110 (England and Wales)
Outcry Music Limited Unaudited accounts for the year ended 31 May 2024
Outcry Music Limited Unaudited accounts Contents
Page
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Outcry Music Limited Company Information for the year ended 31 May 2024
Director
Nathan Duvall
Company Number
10750110 (England and Wales)
Registered Office
57 Ely Street Stratford-upon-Avon Warwickshire CV37 6LN England
Accountants
FILAN Accountants Ltd 57 Ely Street Stratford upon Avon CV37 6LN
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Outcry Music Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,072 
26,991 
Current assets
Debtors
29,371 
106,402 
Cash at bank and in hand
6,197 
25,316 
35,568 
131,718 
Creditors: amounts falling due within one year
(207,334)
(193,169)
Net current liabilities
(171,766)
(61,451)
Net liabilities
(137,694)
(34,460)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(137,695)
(34,461)
Shareholders' funds
(137,694)
(34,460)
For the year ending 31 May 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2025 and were signed on its behalf by
Nathan Duvall Director Company Registration No. 10750110
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Outcry Music Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Outcry Music Limited is a private company, limited by shares, registered in England and Wales, registration number 10750110. The registered office is 57 Ely Street, Stratford-upon-Avon, Warwickshire, CV37 6LN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The accounts have been prepared on the going concern basis. The director has reasonable expectation that the company will continue in operational existence for the foreseeable future due to the continued support of parties related to the director.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RB
Computer equipment
25% RB
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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Outcry Music Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
34,710 
1,925 
36,635 
Additions
18,439 
- 
18,439 
At 31 May 2024
53,149 
1,925 
55,074 
Depreciation
At 1 June 2023
8,995 
649 
9,644 
Charge for the year
11,039 
319 
11,358 
At 31 May 2024
20,034 
968 
21,002 
Net book value
At 31 May 2024
33,115 
957 
34,072 
At 31 May 2023
25,715 
1,276 
26,991 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,522 
- 
Other debtors
26,849 
106,402 
29,371 
106,402 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,242 
Trade creditors
2,086 
538 
Amounts owed to group undertakings and other participating interests
83,895 
137,278 
Taxes and social security
28,329 
26,849 
Other creditors
8,560 
26,012 
Loans from directors
82,694 
- 
Accruals
1,770 
1,250 
207,334 
193,169 
7
Transactions with related parties
Included in Creditors is £83,895 (2022: £137,278) due to a company under common control.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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