West of England Music Limited 14853645 false 2023-05-08 2024-08-31 2024-08-31 The principal activity of the company is the delivery of music education services (tuition, training and support) to young people and education settings. The company delivers music therapy to support the health and well-being of young people and adults. Digita Accounts Production Advanced 6.30.9574.0 true true 14853645 2023-05-08 2024-08-31 14853645 2024-08-31 14853645 bus:OrdinaryShareClass1 2024-08-31 14853645 core:CurrentFinancialInstruments 2024-08-31 14853645 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 14853645 core:MotorVehicles 2024-08-31 14853645 bus:SmallEntities 2023-05-08 2024-08-31 14853645 bus:AuditExemptWithAccountantsReport 2023-05-08 2024-08-31 14853645 bus:FilletedAccounts 2023-05-08 2024-08-31 14853645 bus:SmallCompaniesRegimeForAccounts 2023-05-08 2024-08-31 14853645 bus:RegisteredOffice 2023-05-08 2024-08-31 14853645 bus:Director1 2023-05-08 2024-08-31 14853645 bus:OrdinaryShareClass1 2023-05-08 2024-08-31 14853645 bus:PrivateLimitedCompanyLtd 2023-05-08 2024-08-31 14853645 bus:Agent1 2023-05-08 2024-08-31 14853645 core:FurnitureFittingsToolsEquipment 2023-05-08 2024-08-31 14853645 core:MotorVehicles 2023-05-08 2024-08-31 14853645 1 2023-05-08 2024-08-31 14853645 countries:EnglandWales 2023-05-08 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

West of England Music Limited

Unaudited Abridged Financial Accounts

for the Period from 8 May 2023 to 31 August 2024

Registration number: 14853645

 

West of England Music Limited

Contents

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

West of England Music Limited

Company Information

Director

S R Lock

Registered office

Little Stoke Primary School
Little Stoke Lane
Little Stoke
Bristol
BS34 6HY

Accountants

Gortons
Chartered AccountantsStanmore House
64-68 Blackburn Street
Radcliffe
Manchester
M26 2JS

 

West of England Music Limited

(Registration number: 14853645)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

2,764

Current assets

 

Debtors

288,335

Cash at bank and in hand

 

333,107

 

621,442

Prepayments and accrued income

 

356,681

Creditors: Amounts falling due within one year

(279,109)

Net current assets

 

699,014

Total assets less current liabilities

 

701,778

Accruals and deferred income

 

(382,752)

Net assets

 

319,026

Capital and reserves

 

Called up share capital

6

1

Retained earnings

319,025

Shareholders' funds

 

319,026

For the financial period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 July 2025
 


S R Lock
Director

 

West of England Music Limited

Notes to the Unaudited Abridged Financial Accounts
for the Period from 8 May 2023 to 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is Little Stoke Primary School, Little Stoke Lane, Little Stoke, Bristol, BS34 6HY.

These financial statements were authorised for issue by the director on 15 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial accounts have been prepared using the historical cost convention and on a going concern basis.

Revenue recognition

Turnover represents the invoiced value of sales of services.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Musical instruments

25% straight line method

Leases

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Defined contribution pension obligation

The company operates a defined contribution pension scheme. A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Defined benefit pension obligation

The company also operates two defined benefit pension schemes; the Local Government Pension Scheme and the Teachers' Pension Scheme.

The Local Government Pension Scheme is a multi-employer scheme where the benefit obligation is calculated annually by independent actuaries using the Projected Unit method of valuation.

The Teachers' Pension Scheme is a national multi-employer defined benefit scheme in the UK. Since it is not possible to identify the share of the underlying assets belonging to the individual participating employer this is accounted for as a defined contribution scheme in accordance with the provisions under FRS 102.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 118.

 

West of England Music Limited

Notes to the Unaudited Abridged Financial Accounts
for the Period from 8 May 2023 to 31 August 2024

4

Tangible assets

Musical Instruments
 £

Total
£

Cost or valuation

Additions

3,689

3,689

At 31 August 2024

3,689

3,689

Depreciation

Charge for the period

925

925

At 31 August 2024

925

925

Carrying amount

At 31 August 2024

2,764

2,764

5

Defined Benefit Pension Scheme

The company participates in the Local Government Pension Scheme, which is a multi-employer defined benefit scheme in the UK. The pension scheme is funded by contributions from the company and is administered by independent trustees. The most recent actuarial valuation was performed as at 31 August 2024, using the Projected Unit method of valuation.

The amount charged to the profit and loss in respect of the scheme was £65,020 and included in the balance sheet are employer pension contributions paid after the year end of £11,974.

The company participates in the Teachers' Pension scheme, a defined benefit pension scheme which is a multi-employer scheme. It is not possible in the normal course of events to identify the share of the underlying assets belonging to the individual participating employers and, in accordance with FRS 102, this is accounted for as a defined contribution scheme with contributions being recorded as they become payable.

Contributions to this scheme are charged in the profit and loss account as they become payable, in accordance with the rules of the scheme. The total cost relating to this defined benefit schemes for the period recognised in the profit or loss account as an expense was £159,345.

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary Shares of £1 each

1

1

   

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £6,338.

The total amount of financial commitments not included in the balance sheet concerning pensions is £32,728.

 

West of England Music Limited

Notes to the Unaudited Abridged Financial Accounts
for the Period from 8 May 2023 to 31 August 2024

8

Parent and ultimate parent undertaking

The company's immediate parent is West of England Music and Arts, a company limited by guarantee and incorporated in England and Wales. This company's registration number is 14782097.

The parent of the largest group in which these financial statements are consolidated is West of England Music and Arts, incorporated in England and Wales.

The address of West of England Music and Arts is:
Little Stoke Primary School
Little Stoke Lane
Little Stoke
Bristol
BS34 6HY

9

Related party transactions

The company's parent, West of England Music and Arts, owed the company £114,346 at the end of the period. The parent received £163,419 in the period and made total repayments of £49,073. No interest has been charged on this loan which is repayable on demand.