Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30trueNo description of principal activity2023-07-013falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalse4 13481641 2023-07-01 2024-06-30 13481641 2022-07-01 2023-06-30 13481641 2024-06-30 13481641 2023-06-30 13481641 c:Director1 2023-07-01 2024-06-30 13481641 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 13481641 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 13481641 d:CurrentFinancialInstruments 2024-06-30 13481641 d:CurrentFinancialInstruments 2023-06-30 13481641 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13481641 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13481641 d:ShareCapital 2024-06-30 13481641 d:ShareCapital 2023-06-30 13481641 d:RetainedEarningsAccumulatedLosses 2024-06-30 13481641 d:RetainedEarningsAccumulatedLosses 2023-06-30 13481641 c:OrdinaryShareClass1 2023-07-01 2024-06-30 13481641 c:OrdinaryShareClass1 2024-06-30 13481641 c:FRS102 2023-07-01 2024-06-30 13481641 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13481641 c:FullAccounts 2023-07-01 2024-06-30 13481641 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13481641 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-07-01 2024-06-30 13481641 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13481641









HIT SONGS PRODUCTION MUSIC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
HIT SONGS PRODUCTION MUSIC LIMITED
REGISTERED NUMBER: 13481641

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
  
3,758
5,011

  
3,758
5,011

Current assets
  

Debtors: amounts falling due within one year
 5 
100
100

  
100
100

Creditors: amounts falling due within one year
 6 
(7,424)
(8,710)

Net current liabilities
  
 
 
(7,324)
 
 
(8,610)

Net liabilities
  
(3,566)
(3,599)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(3,666)
(3,699)

  
(3,566)
(3,599)


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 statement of income and retained earnings 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 on 5 March 2025.


O O A Bashiri
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HIT SONGS PRODUCTION MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Hit Songs Production Music Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 115 Hawes Lane, West Wickham, Kent, BR4 9AA.
 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Intangible assets are amortised over their useful life of 4 years.

 
2.4

Debtors

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

 
2.5

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the period was 3 (2023 - 4).

Page 2

 
HIT SONGS PRODUCTION MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Intangible assets



Development expenditure

£



Cost


At 1 July 2023
5,011



At 30 June 2024

5,011



Amortisation


Charge for the period on owned assets
1,253



At 30 June 2024

1,253



Net book value



At 30 June 2024
3,758




5.


Debtors

2024
2023
£
£


Other debtors
100
100



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
6,704
5,710

Accruals
720
3,000

7,424
8,710


Page 3

 
HIT SONGS PRODUCTION MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 Ordinary share of £100.00
100
100



8.


Related party transactions

Included in creditors is an amount of £5,984 (2023: £5,710) and £720 (2023:nil) owed by the company to to Millennium Production Music Limited, parent company and Fantasy Prodcution Music Limited, a fellow subsidiary company respectively. This is interest free and repayable on demand.


9.


Controlling party

The company's immediate parent company is Millennium Production Music Ltd and the ultimate controlling party is O Bashiri.

 
Page 4