Company Registration No. 12472936 (England and Wales)
INVISIBLE MUSIC PROMOTIONS LTD
Unaudited accounts
for the year ended 29 February 2024
INVISIBLE MUSIC PROMOTIONS LTD
Unaudited accounts
Contents
INVISIBLE MUSIC PROMOTIONS LTD
Company Information
for the year ended 29 February 2024
Company Number
12472936 (England and Wales)
Registered Office
19 CHELTENHAM CRESCENT MORETON
MORETON
WIRRAL
CH46 1PU
UNITED KINGDOM
Accountants
Joanne Nock
Accountability
45, Market Street
Hoylake
Wirral
CH47 2BQ
INVISIBLE MUSIC PROMOTIONS LTD
Statement of financial position
as at 29 February 2024
Tangible assets
74,968
41,954
Cash at bank and in hand
62,456
35,197
Creditors: amounts falling due within one year
1,081
(58,478)
Net current assets
103,007
13,280
Called up share capital
100
100
Profit and loss account
177,875
55,134
Shareholders' funds
177,975
55,234
For the year ending 29 February 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 27 February 2025 and were signed on its behalf by
Brian Cummins
Director
Company Registration No. 12472936
INVISIBLE MUSIC PROMOTIONS LTD
Notes to the Accounts
for the year ended 29 February 2024
INVISIBLE MUSIC PROMOTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12472936. The registered office is 19 CHELTENHAM CRESCENT MORETON, MORETON, WIRRAL, CH46 1PU, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Depreciation on the reducing balance basis.
Motor vehicles
20% Depreciation on the reducing balance basis.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
47,943
4,500
52,443
Additions
18,514
14,500
33,014
At 29 February 2024
66,457
19,000
85,457
At 1 March 2023
9,589
900
10,489
At 29 February 2024
9,589
900
10,489
At 29 February 2024
56,868
18,100
74,968
At 28 February 2023
38,354
3,600
41,954
Amounts falling due after more than one year
Trade debtors
39,470
36,561
INVISIBLE MUSIC PROMOTIONS LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,165
12,128
Loans from directors
(46,734)
16,778
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).