Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false222023-04-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02692254 2023-04-01 2024-03-31 02692254 2022-04-01 2023-03-31 02692254 2024-03-31 02692254 2023-03-31 02692254 c:Director1 2023-04-01 2024-03-31 02692254 d:CurrentFinancialInstruments 2024-03-31 02692254 d:CurrentFinancialInstruments 2023-03-31 02692254 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02692254 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02692254 d:ShareCapital 2024-03-31 02692254 d:ShareCapital 2023-03-31 02692254 d:RetainedEarningsAccumulatedLosses 2024-03-31 02692254 d:RetainedEarningsAccumulatedLosses 2023-03-31 02692254 c:OrdinaryShareClass1 2023-04-01 2024-03-31 02692254 c:OrdinaryShareClass1 2024-03-31 02692254 c:OrdinaryShareClass1 2023-03-31 02692254 c:FRS102 2023-04-01 2024-03-31 02692254 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02692254 c:FullAccounts 2023-04-01 2024-03-31 02692254 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02692254 2 2023-04-01 2024-03-31 02692254 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02692254














BLATANT MUSIC LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
BLATANT MUSIC LIMITED
REGISTERED NUMBER:02692254

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
10,373
3,896

Cash at bank
 5 
94,918
136,443

  
105,291
140,339

Creditors: amounts falling due within one year
 6 
(6,916)
(30,054)

Net current assets
  
 
 
98,375
 
 
110,285

Total assets less current liabilities
  
98,375
110,285

  

Net assets
  
98,375
110,285


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
98,275
110,185

  
98,375
110,285


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 profit and loss account 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 by: 




M D Fry
Director

Date: 20 March 2025

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

Page 1

 
BLATANT MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Blatant Music Limited is a private company, limited by shares, registered in England and Wales, registration number 02692254. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of recording, publishing and performing music.

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

 
2.2

Turnover

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

Turnover from recording, publishing and performing music activities is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Royalties receivable are recognised at the period end date by the company.

 
2.3

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

 
2.4

Debtors

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

 
2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

 
2.7

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade other debtors, other creditors and loans with related parties. 

Page 2

 
BLATANT MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Trade debtors
2,491
-

Amounts owed by connected entities
1,346
685

Other debtors
854
-

Prepayments and accrued income
5,682
3,211

10,373
3,896



5.


Cash

2024
2023
£
£

Cash at bank
94,918
136,443


Page 3

 
BLATANT MUSIC LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
4,836
15,412

Other taxation and social security
-
12,760

Other creditors
250
40

Accruals
1,830
1,842

6,916
30,054



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Transactions with directors

As at the year end, the company owed £250 (2023 - £40) to the directors. The loan is unsecured, interest free and repayable on demand.
During the year, dividends of £32,500 (2023 - £82,000) was paid to the directors.

 
Page 4