Company Registration No. 08039137 (England and Wales)
GEDMUSIC LTD
for the period from 22 February 2023 to 19 February 2024
GEDMUSIC LTD
Company Information
for the period from 22 February 2023 to 19 February 2024
Company Number
08039137 (England and Wales)
Registered Office
111 Dads Wood
Harlow
Essex
CM20 1JL
England
Accountants
David Barry and Co Ltd
44 New Farm Drive
Abridge
Romford
Essex
RM4 1BT
GEDMUSIC LTD
Accountants' report
Accountants' report to the director of GEDMUSIC LTD on the preparation of the unaudited statutory accounts for the period from 22 February 2023 to 19 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
GEDMUSIC LTD for the period from
22 February 2023 to
19 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GEDMUSIC LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of GEDMUSIC LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GEDMUSIC LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GEDMUSIC LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GEDMUSIC LTD. You consider that GEDMUSIC LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of GEDMUSIC LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
David Barry and Co Ltd
44 New Farm Drive
Abridge
Romford
Essex
RM4 1BT
29 May 2025
GEDMUSIC LTD
Statement of financial position
as at 19 February 2024
Tangible assets
24,041
20,892
Cash at bank and in hand
19,361
5,129
Creditors: amounts falling due within one year
(23,184)
(17,128)
Net current liabilities
(3,823)
(9,133)
Called up share capital
1
1
Profit and loss account
20,217
11,758
Shareholders' funds
20,218
11,759
For the period ending 19 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 May 2025 and were signed on its behalf by
Philip Knights
Director
Company Registration No. 08039137
GEDMUSIC LTD
Notes to the Accounts
for the period from 22 February 2023 to 19 February 2024
GEDMUSIC LTD is a private company, limited by shares, registered in England and Wales, registration number 08039137. The registered office is 111 Dads Wood, Harlow , Essex, CM20 1JL , England.
2
Compliance with accounting standards
The financial accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention and on an accruals basis
The accounts are presented in £ sterling.
Turnover represents the value of musical performances, teaching, sheet copying and other work carried out in respect of services provided to clients.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Musical Instruments-depreciation 0% and no longer provided.
Computer Equipment -25% reducing balance
Plant & machinery
Depreciation 0%, No longer provided on Musical Instruments
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 22 February 2023
54,204
39,361
93,565
At 19 February 2024
54,457
45,354
99,811
At 22 February 2023
39,706
32,967
72,673
Charge for the period
-
3,097
3,097
At 19 February 2024
39,706
36,064
75,770
At 19 February 2024
14,751
9,290
24,041
At 21 February 2023
14,498
6,394
20,892
GEDMUSIC LTD
Notes to the Accounts
for the period from 22 February 2023 to 19 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,459
1,671
Loans from directors
15,511
13,163
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
There are no pension commitments to the director who is the sole employee of the company
There are no outstanding loans to the director or anyone else
10
Average number of employees
During the period the average number of employees was 1 (2023: 1).