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REGISTERED NUMBER: 00844084 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Ray Davies (Entertainments) Limited

Ray Davies (Entertainments) Limited (Registered number: 00844084)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Ray Davies (Entertainments) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Sir R D Davies





SECRETARY: M C Avory





REGISTERED OFFICE: 84 - 86 Tottenham Lane
London
N8 7EE





REGISTERED NUMBER: 00844084 (England and Wales)





ACCOUNTANTS: Dillways Consulting Limited
73 Dovercourt Road
London
SE22 8UW

Ray Davies (Entertainments) Limited (Registered number: 00844084)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 499,042 519,125
Investments 5 50,002 50,002
549,044 569,127

CURRENT ASSETS
Debtors 6 950,368 1,024,298
Prepayments and accrued income 22,294 19,828
Cash at bank and in hand 10,954,704 10,176,443
11,927,366 11,220,569
CREDITORS
Amounts falling due within one year 7 367,307 332,907
NET CURRENT ASSETS 11,560,059 10,887,662
TOTAL ASSETS LESS CURRENT LIABILITIES 12,109,103 11,456,789

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,109,003 11,456,689
12,109,103 11,456,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ray Davies (Entertainments) Limited (Registered number: 00844084)

Balance Sheet - continued
30 September 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 June 2025 and were signed by:





Sir Ray Davies - Director


Ray Davies (Entertainments) Limited (Registered number: 00844084)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Ray Davies (Entertainments) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Ray Davies (Entertainments) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover comprises royalties receivable and performance income, net of Value Added Tax. Royalties are recognised according to the date of the royalty statement, and performance income at the date of the performance.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Ray Davies (Entertainments) Limited (Registered number: 00844084)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 798,055 415,396 1,213,451
DEPRECIATION
At 1 October 2023 299,449 394,877 694,326
Charge for year 15,961 4,122 20,083
At 30 September 2024 315,410 398,999 714,409
NET BOOK VALUE
At 30 September 2024 482,645 16,397 499,042
At 30 September 2023 498,606 20,519 519,125

Ray Davies (Entertainments) Limited (Registered number: 00844084)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 2 50,000 50,002
NET BOOK VALUE
At 30 September 2024 2 50,000 50,002
At 30 September 2023 2 50,000 50,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 12 163
Amounts owed by associates 950,356 1,024,135
950,368 1,024,298

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 3,313 449
Amounts owed to group undertakings 2 2
Amounts owed to associates 34,595 34,595
Taxation and social security 280,756 260,761
Other creditors 48,641 37,100
367,307 332,907

Ray Davies (Entertainments) Limited (Registered number: 00844084)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is Sir Ray Davies.

Included within debtors and creditors are amounts owed to the following companies in which the director has a majority shareholding:

20242023
£   £   

Davray Music Ltd496,118503,498
Kinks Properties Ltd404,093470,491
Konk Limited46,73146,731
Weird Films Ltd3,4143,414
Konkwest Music Limited(34,595)(34,595)



Included in expenses are amounts charged by Kinks Properties for studio services amounting to £160,000 ( 2023 - £125,000 ). Included in turnover are royalties receivable from Kinks Properties Ltd amounting to £81,698 ( 2023 - £142,606 ).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Ray Davies (Entertainments) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ray Davies (Entertainments) Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Ray Davies (Entertainments) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ray Davies (Entertainments) Limited and state those matters that we have agreed to state to the director of Ray Davies (Entertainments) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ray Davies (Entertainments) Limited and its director for our work or for this report.

It is your duty to ensure that Ray Davies (Entertainments) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ray Davies (Entertainments) Limited. You consider that Ray Davies (Entertainments) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ray Davies (Entertainments) Limited. 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 financial statements.






Dillways Consulting Limited
73 Dovercourt Road
London
SE22 8UW


17 June 2025