Company Registration No. 10765895 (England and Wales)
Neighbourly Music Limited
Unaudited accounts
for the year ended 31 May 2024
Neighbourly Music Limited
Unaudited accounts
Contents
Neighbourly Music Limited
Company Information
for the year ended 31 May 2024
Directors
Philippa Ellis
Paul Ellis
Company Number
10765895 (England and Wales)
Registered Office
C/O BATESONS 2 STATHAM COURT
STATHAM STREET
MACCLESFIELD
CHESHIRE
SK11 6XN
ENGLAND
Accountants
Batesons Management Services Ltd
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Neighbourly Music Limited
Statement of financial position
as at 31 May 2024
Tangible assets
224,586
251,284
Cash at bank and in hand
1,682
1,753
Creditors: amounts falling due within one year
(1,126)
(1,216)
Net current assets
2,322
6,235
Total assets less current liabilities
226,908
257,519
Creditors: amounts falling due after more than one year
(374,727)
(324,644)
Net liabilities
(147,819)
(67,125)
Called up share capital
100
100
Profit and loss account
(147,919)
(67,225)
Shareholders' funds
(147,819)
(67,125)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by
Paul Ellis
Director
Company Registration No. 10765895
Neighbourly Music Limited
Notes to the Accounts
for the year ended 31 May 2024
Neighbourly Music Limited is a private company, limited by shares, registered in England and Wales, registration number 10765895. The registered office is C/O BATESONS 2 STATHAM COURT, STATHAM STREET, MACCLESFIELD, CHESHIRE, SK11 6XN, 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.
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:
Land & buildings
10% Straightline Basis
Plant & machinery
15% Reducing Balance Basis
Fixtures & fittings
15% Reducing Balance Basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
45,044
203,188
23,573
271,805
Additions
-
4,999
1,773
6,772
At 31 May 2024
45,044
208,187
25,346
278,577
At 1 June 2023
1,811
17,565
1,145
20,521
Charge for the year
1,811
28,113
3,546
33,470
At 31 May 2024
3,622
45,678
4,691
53,991
At 31 May 2024
41,422
162,509
20,655
224,586
At 31 May 2023
43,233
185,623
22,428
251,284
Neighbourly Music Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
374,727
324,644
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).