Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falsefalse1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1true2023-07-01The principal activity of the company continued to be that of advertising.true 10923008 2023-07-01 2024-06-30 10923008 2022-07-01 2023-06-30 10923008 2024-06-30 10923008 2023-06-30 10923008 c:Director1 2023-07-01 2024-06-30 10923008 d:ComputerEquipment 2023-07-01 2024-06-30 10923008 d:ComputerEquipment 2024-06-30 10923008 d:ComputerEquipment 2023-06-30 10923008 d:CurrentFinancialInstruments 2024-06-30 10923008 d:CurrentFinancialInstruments 2023-06-30 10923008 d:Non-currentFinancialInstruments 2024-06-30 10923008 d:Non-currentFinancialInstruments 2023-06-30 10923008 c:OrdinaryShareClass1 2023-07-01 2024-06-30 10923008 c:OrdinaryShareClass1 2024-06-30 10923008 c:OrdinaryShareClass1 2023-06-30 10923008 c:FRS102 2023-07-01 2024-06-30 10923008 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10923008 c:FullAccounts 2023-07-01 2024-06-30 10923008 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10923008 2 2023-07-01 2024-06-30 10923008 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10923008














MUSIC MILL LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
MUSIC MILL LIMITED
REGISTERED NUMBER:10923008

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Fixed assets
  

Tangible fixed assets
 4 
-
-

  
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
1,546
320

Cash at bank and in hand
 6 
1,288
6,623

  
2,834
6,943

Creditors: amounts falling due within one year
 7 
(104,780)
(94,334)

Net current liabilities
  
 
 
(101,946)
 
 
(87,391)

Total assets less current liabilities
  
(101,946)
(87,391)

  

Creditors: amounts falling due after more than one year
 8 
-
(13,080)

  
(101,946)
(100,471)

  

  

Net liabilities
  
(101,946)
(100,471)


Capital and reserves
  

Called up share capital 
 9 
10
10

Profit and loss account
  
(101,956)
(100,481)

  
(101,946)
(100,471)



 
MUSIC MILL LIMITED
REGISTERED NUMBER:10923008
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers 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 director acknowledges his 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: 




B Tweedie
Director

Date: 1 April 2025

The notes on page 2 form part of these financial statements.


 
MUSIC MILL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Music Mill Limited is a private company, limited by shares, registered in England and Wales, registration number 10923008. 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 advertising. 

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 requirements of the Companies Act 2006.

 
2.2

Going concern

The director has reviewed the financial circumstances of the company and confirms that it continues to receive support from its director. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.

 
2.3

Functional and presentation currency

The company's functional and presentational currency is pound sterling.
 
 
2.4

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 live music events are recognised when it is probable the company will receive the rights to the consideration due under the contract.

 
2.5

Interest income

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

 
2.6

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.



 
MUSIC MILL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

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

 
2.9

Cash

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

 
2.10

 Creditors

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

 
2.11

 Financial instruments

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


3.


Employees



The average monthly number of employees, including the director, during the year was 1 (2023 - 1).


 
MUSIC MILL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 July 2023
1,624



At 30 June 2024

1,624



Depreciation


At 1 July 2023
1,624



At 30 June 2024

1,624



Net book value



At 30 June 2024
-



At 30 June 2023
-


5.


Debtors

2024
2023
£
£


Other debtors
1,366
88

Prepayments
180
232

1,546
320



6.


Cash

2024
2023
£
£

Cash at bank and in hand
1,288
6,623


Page 1

 
MUSIC MILL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Other loans
15,876
-

Other creditors
87,904
87,904

Accruals
1,000
6,430

104,780
94,334



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Other loans
-
13,080



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) ordinary shares of £1.00 each
10
10



 
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