Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-052trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-04-06falseartistic creationtrue 03001364 2023-04-06 2024-04-05 03001364 2022-04-06 2023-04-05 03001364 2024-04-05 03001364 2023-04-05 03001364 c:Director1 2023-04-06 2024-04-05 03001364 d:CurrentFinancialInstruments 2024-04-05 03001364 d:CurrentFinancialInstruments 2023-04-05 03001364 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 03001364 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 03001364 d:ShareCapital 2024-04-05 03001364 d:ShareCapital 2023-04-05 03001364 d:RetainedEarningsAccumulatedLosses 2024-04-05 03001364 d:RetainedEarningsAccumulatedLosses 2023-04-05 03001364 c:FRS102 2023-04-06 2024-04-05 03001364 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 03001364 c:FullAccounts 2023-04-06 2024-04-05 03001364 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Registered number: 03001364










PULSE MUSIC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

 
PULSE MUSIC LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 4


 
PULSE MUSIC LIMITED
REGISTERED NUMBER: 03001364

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors
  
9,500
9,653

Cash at bank and in hand
  
18,204
26,160

  
27,704
35,813

Creditors: amounts falling due within one year
 4 
(27,972)
(32,693)

Net current (liabilities)/assets
  
 
 
(268)
 
 
3,120

Total assets less current liabilities
  
(268)
3,120

  

Net (liabilities)/assets
  
(268)
3,120


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(270)
3,118

  
(268)
3,120


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 year 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 comprehensive income 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 27 February 2025.




S D Brown
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 1

 
PULSE MUSIC LIMITED
REGISTERED NUMBER: 03001364
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2024


Page 2

 
PULSE MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

Pulse Music Limited is a limited liability company incorporated in England and Wales. The address of the registered office is 133 Stoneleigh Road, Birmingham, B20 3AS.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is dependent on support from its associated companies and its directors. Without the support of its associated companies and directors the company would not continue to trade as a going concern. The directors therefore consider it appropriate to prepare the financial statements on the going concern basis.

 
2.3

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
PULSE MUSIC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,476
-

Other taxation and social security
1,970
3,649

Other creditors
15,976
23,136

Accruals and deferred income
4,550
5,908

27,972
32,693



5.


Controlling party

The directors consider there is no overall controlling party.

Page 4