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Company Registration No. 13644850 (England and Wales)
CREDS MUSIC LTD Unaudited accounts for the year ended 30 September 2024
CREDS MUSIC LTD Unaudited accounts Contents
Page
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CREDS MUSIC LTD Company Information for the year ended 30 September 2024
Directors
Michael Campbell Linn Andrew Simon Ian WARD Mosse SAHLSTRÖM Davor Lovric
Company Number
13644850 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Arth Limited 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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CREDS MUSIC LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
3,623 
5 
Creditors: amounts falling due within one year
(48,134)
(25,476)
Net current liabilities
(44,511)
(25,471)
Net liabilities
(44,511)
(25,471)
Capital and reserves
Called up share capital
10,709 
10 
Profit and loss account
(55,220)
(25,481)
Shareholders' funds
(44,511)
(25,471)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by
Michael Campbell Linn Director Company Registration No. 13644850
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CREDS MUSIC LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
CREDS MUSIC LTD is a private company, limited by shares, registered in England and Wales, registration number 13644850. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The accounts have been prepared on a going concern basis. During this period the company has invested in Product development in order to generate its first revenue in the following period. This is expected to generate net positive worth in the future.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
8,499 
- 
Loans from directors
38,135 
23,981 
Accruals
1,500 
1,495 
48,134 
25,476 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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