Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31truefalsetrue2023-01-30The principal activity of the company is music licensing.2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14624209 2023-01-29 14624209 2023-01-30 2024-03-31 14624209 2022-01-30 2023-01-29 14624209 2024-03-31 14624209 1 2023-01-30 2024-03-31 14624209 d:Director1 2023-01-30 2024-03-31 14624209 c:CurrentFinancialInstruments 2024-03-31 14624209 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 14624209 c:ShareCapital 2024-03-31 14624209 c:SharePremium 2023-01-30 2024-03-31 14624209 c:SharePremium 2024-03-31 14624209 c:RetainedEarningsAccumulatedLosses 2024-03-31 14624209 d:OrdinaryShareClass1 2023-01-30 2024-03-31 14624209 d:OrdinaryShareClass1 2024-03-31 14624209 d:FRS102 2023-01-30 2024-03-31 14624209 d:AuditExempt-NoAccountantsReport 2023-01-30 2024-03-31 14624209 d:FullAccounts 2023-01-30 2024-03-31 14624209 d:PrivateLimitedCompanyLtd 2023-01-30 2024-03-31 14624209 e:PoundSterling 2023-01-30 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14624209














AVALON MEDIA MUSIC LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
AVALON MEDIA MUSIC LIMITED
REGISTERED NUMBER:14624209

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,890

Cash at bank
 5 
240,576

  
242,466

Creditors: amounts falling due within one year
 6 
(231,348)

Net current assets
  
 
 
11,118

Total assets less current liabilities
  
11,118

  

Net assets
  
11,118


Capital and reserves
  

Called up share capital 
 7 
202

Share premium account
 8 
23,998

Profit and loss account
  
(13,082)

  
11,118


The directors consider 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 directors acknowledge their 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 Roald
Director

Date: 27 January 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
AVALON MEDIA MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Avalon Media Music Limited is a private company, limited by shares, registered in England and Wales, registration number 14624209. The registered office address is Suite F7 Coveham House, Downside Bridge Road, Cobham, KT11 3EP. 
The company was incorporated on 30 January 2023 and commenced trading on the same date.
The company has extended its accounting period from 31 January 2024 to 31 March 2024.
The principal activity of the company is that of music licensing.

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 requirements of the Companies Act 2006.

  
2.2

Functional and presentation currency

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

 
2.3

Debtors

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

 
2.4

Cash

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

 
2.5

Creditors

Short-term creditors are measured at the transaction price. 

 
2.6

Financial instruments

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


3.


Employees

The average monthly number of employees, including directors, during the period was 2. 


4.


Debtors

2024
£


Other debtors
1,890


Page 2

 
AVALON MEDIA MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Cash

2024
£

Cash at bank
240,576



6.


Creditors: amounts falling due within one year

2024
£

Trade creditors
2,848

Other creditors
226,000

Accruals
2,500

231,348



7.


Share capital

2024
£
Allotted, called up and fully paid


2,024,000 Ordinary shares of £0.0001 each
202


On incorporation, 2,000,000 ordinary shares with an aggregate nominal value of £200 were issued. Proceeds of £200 were received from the shareholders.
On 29 January 2024, 24,000 ordinary shares with an aggregate nominal value of £2.40 were issued. Proceeds of £24,000 were received from the shareholders. Share premium of £23,997.60 was recognised.


8.


Reserves

Share premium account

The share premium account is a non-distributable reserve which representing the excess of proceeds received over the nominal value of the shares issued.


9.


Post balance sheet events

On 4 April 2024, 226,000 ordinary shares with an aggregate nominal value of £22.60 were issued. Proceeds of £226,000 were received from the shareholders. Share premium of £225,977.40 was recognised.

 
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