Split Records Ltd
Notes to the Accounts
for the year ended 30 June 2024
1. Statutory information
Split Records Ltd is a private company, limited by guarantee, registered in England & Wales, registration number 4718175. The registered office is 264 Banbury Road, Oxford, OX2 7DY.
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.
3. Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
96,594
96,594
5. Creditors: amounts falling due within one year
2024
2023
Loans from directors
631,145
627,599
6. Average number of employees
During the year the average number of employees was 2 (2023: 2).