Company registration number 13160968 (England and Wales)
SIX STRING FINGERPICKING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
SIX STRING FINGERPICKING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
SIX STRING FINGERPICKING LIMITED (REGISTERED NUMBER: 13160968)
BALANCE SHEET
AS AT 31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
715
Tangible assets
4
7,055
7,839
7,055
8,554
Current assets
Debtors
5
1,239
1,192
Cash at bank and in hand
45,079
61,511
46,318
62,703
Creditors: amounts falling due within one year
6
(23,740)
(37,917)
Net current assets
22,578
24,786
Total assets less current liabilities
29,633
33,340
Provisions for liabilities
(1,533)
(1,678)
Net assets
28,100
31,662
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
28,000
31,562
Total equity
28,100
31,662

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

SIX STRING FINGERPICKING LIMITED (REGISTERED NUMBER: 13160968)
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025
31 January 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 16 May 2025 and are signed on its behalf by:
Mr C Murrin
Director
SIX STRING FINGERPICKING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

Six String Fingerpicking Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor (Right) Downe House, 303 High Street, Orpington, Kent, England, BR6 0NN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Turnover from music tutoring is recognised in the period that it is generated at pre-determined fees.

1.4
Intangible fixed assets other than goodwill

The company website has recognised at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website
33% Straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
10% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

SIX STRING FINGERPICKING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Website
£
Cost
At 1 February 2024 and 31 January 2025
7,719
Amortisation and impairment
At 1 February 2024
7,004
Amortisation charged for the year
715
At 31 January 2025
7,719
Carrying amount
At 31 January 2025
-
0
At 31 January 2024
715
SIX STRING FINGERPICKING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
4
Tangible fixed assets
Plant and machinery
£
Cost
At 1 February 2024 and 31 January 2025
10,728
Depreciation and impairment
At 1 February 2024
2,889
Depreciation charged in the year
784
At 31 January 2025
3,673
Carrying amount
At 31 January 2025
7,055
At 31 January 2024
7,839
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
844
803
Other debtors
395
389
1,239
1,192
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
490
465
Taxation and social security
18,168
16,949
Other creditors
5,082
20,503
23,740
37,917
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