Company registration number:
13574799
IE (Choir of Man UK) Limited
Financial statements
31 March 2025
IE (Choir of Man UK) Limited
Statement of financial position
31st March 2025
|
|
|
31/03/25 |
|
|
|
31/05/24 |
|
|
|
|
Note |
£ |
|
£ |
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
|
Debtors |
|
4 |
417,228 |
|
|
|
239,556 |
|
|
|
Cash at bank and in hand |
|
|
152,592 |
|
|
|
298,105 |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
|
|
|
|
569,820 |
|
|
|
537,661 |
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
within one year |
|
5 |
(
341,051) |
|
|
|
(
363,027) |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
|
|
Net current assets |
|
|
|
|
228,769 |
|
|
|
174,634 |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
Total assets less current liabilities |
|
|
|
|
228,769 |
|
|
|
174,634 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due |
|
|
|
|
|
|
|
|
|
|
after more than one year |
|
6 |
|
|
(
77,055) |
|
|
|
(
453,902) |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
Net assets/(liabilities) |
|
|
|
|
151,714 |
|
|
|
(
279,268) |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
|
|
|
|
Called up share capital |
|
|
|
|
2 |
|
|
|
2 |
|
Profit and loss account |
|
|
|
|
151,712 |
|
|
|
(
279,270) |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
Shareholders funds/(deficit) |
|
|
|
|
151,714 |
|
|
|
(
279,268) |
|
|
|
|
|
__________ |
|
|
|
__________ |
|
|
|
|
|
|
|
|
|
|
For the period ending 31 March 2025 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 financial statements for the period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
03 June 2025
, and are signed on behalf of the board by:
Louis Hartshorn
Director
Company registration number:
13574799
IE (Choir of Man UK) Limited
Notes to the financial statements
Period ended 31st March 2025
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Kingswood House, Seeley Drive, London, SE21 8QN.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
4.
Debtors
|
|
|
31/03/25 |
31/05/24 |
|
|
|
£ |
£ |
|
Trade debtors |
|
1,739 |
1,739 |
|
Other debtors |
|
415,489 |
237,817 |
|
|
|
__________ |
__________ |
|
|
|
417,228 |
239,556 |
|
|
|
__________ |
__________ |
|
|
|
|
|
5.
Creditors: amounts falling due within one year
|
|
|
31/03/25 |
31/05/24 |
|
|
|
£ |
£ |
|
Bank loans and overdrafts |
|
- |
454 |
|
Trade creditors |
|
140,992 |
26,502 |
|
Social security and other taxes |
|
4,143 |
65,482 |
|
Other creditors |
|
195,916 |
270,589 |
|
|
|
__________ |
__________ |
|
|
|
341,051 |
363,027 |
|
|
|
__________ |
__________ |
|
|
|
|
|
6.
Creditors: amounts falling due after more than one year
|
|
|
31/03/25 |
31/05/24 |
|
|
|
£ |
£ |
|
Other creditors |
|
77,055 |
453,902 |
|
|
|
__________ |
__________ |
|
|
|
|
|