2023-07-01 2024-06-30 false Capium Accounts Production 1.1 12052969 2023-07-01 2024-06-30 12052969 bus:AbridgedAccounts 2023-07-01 2024-06-30 12052969 bus:Micro-entities 2023-07-01 2024-06-30 12052969 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12052969 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12052969 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12052969 2023-07-01 2024-06-30 12052969 2024-06-30 12052969 bus:RegisteredOffice 2023-07-01 2024-06-30 12052969 core:WithinOneYear 2024-06-30 12052969 core:AfterOneYear 2024-06-30 12052969 1 2023-07-01 2024-06-30 12052969 bus:Director1 2023-07-01 2024-06-30 12052969 bus:Director1 2024-06-30 12052969 bus:Director1 2022-07-01 2023-06-30 12052969 bus:Director2 2023-07-01 2024-06-30 12052969 bus:Director2 2024-06-30 12052969 bus:Director2 2022-07-01 2023-06-30 12052969 2022-07-01 12052969 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 12052969 2022-07-01 2023-06-30 12052969 2023-06-30 12052969 core:WithinOneYear 2023-06-30 12052969 core:AfterOneYear 2023-06-30 12052969 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 12052969 core:ComputerEquipment 2023-07-01 2024-06-30 12052969 core:ComputerEquipment 2024-06-30 12052969 core:ComputerEquipment 2023-06-30 12052969 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 12052969 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 12052969 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 12052969 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 12052969 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 12052969 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 12052969 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 12052969 core:Non-currentFinancialInstruments 2024-06-30 12052969 core:Non-currentFinancialInstruments 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12052969
England and Wales

 

 

 

PENNY FARTHING MUSIC LTD


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Accountants report
You consider that the company is exempt from an audit for the year ended 30th June 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Foredown Accountancy Ltd 30th June 2024.



Foredown Accountancy Ltd

148 Portland Road
Hove
BN3 5QL
07 May 2025
1
  2024   2023
    £ £   £ £
Fixed assets   35      480 
Current assets 56      2,004   
Creditors: amount falling due within one year     (40)  
Net current assets   56      1,964 
Total assets less current liabilities   91      2,444 
Creditors: amount falling due after more than one year   (78)    
Accruals and deferred income   (972)     (972)
Net assets   (959)     1,472 
 

         
Capital and reserves   (959)     1,472 
 
NOTES TO THE ACCOUNTS

General Information
Penny Farthing Music Ltd  is a private Limited Company, limited by shares,  registered in England and wales, registration number 12052969, registered and trading address is
12 Marmion Road
Hove
East Sussex
BN3 5FR. 

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).


For the accounting period 30th June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

The members have not required the company to obtain an audit of its accounts for the period ended 30th June 2024 in question in accordance with section 476.


The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 07 May 2025 and were signed on its behalf by:


--------------------------------
Benjamin Townsend
Director
2