Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.The principal activity of the company is that of music consultancy.truetrue2023-08-29false2false 15101935 2023-08-28 15101935 2023-08-29 2024-08-31 15101935 2022-09-01 2023-08-28 15101935 2024-08-31 15101935 c:Director2 2023-08-29 2024-08-31 15101935 d:CurrentFinancialInstruments 2024-08-31 15101935 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 15101935 d:ShareCapital 2024-08-31 15101935 d:RetainedEarningsAccumulatedLosses 2024-08-31 15101935 c:OrdinaryShareClass1 2023-08-29 2024-08-31 15101935 c:OrdinaryShareClass1 2024-08-31 15101935 c:OrdinaryShareClass2 2023-08-29 2024-08-31 15101935 c:OrdinaryShareClass2 2024-08-31 15101935 c:OrdinaryShareClass3 2023-08-29 2024-08-31 15101935 c:OrdinaryShareClass3 2024-08-31 15101935 c:FRS102 2023-08-29 2024-08-31 15101935 c:AuditExempt-NoAccountantsReport 2023-08-29 2024-08-31 15101935 c:FullAccounts 2023-08-29 2024-08-31 15101935 c:PrivateLimitedCompanyLtd 2023-08-29 2024-08-31 15101935 2 2023-08-29 2024-08-31 15101935 e:PoundSterling 2023-08-29 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 15101935


 
 
 
 
 
 
 
 
 
CHORUS ASIA LIMITED
 
 
UNAUDITED
 
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
 
FOR THE PERIOD ENDED 31 AUGUST 2024

 
CHORUS ASIA LIMITED
REGISTERED NUMBER:15101935

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
59,340

Cash at bank and in hand
 5 
103,642

  
162,982

Creditors: amounts falling due within one year
 6 
(81,568)

Net current assets
  
 
 
81,414

Total assets less current liabilities
  
81,414

  

Net assets
  
81,414


Capital and reserves
  

Called up share capital 
 7 
4

Profit and loss account
  
81,410

  
81,414


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H Shirasuka
Director

Date: 31 July 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
CHORUS ASIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Chorus Asia Limited is a private company, limited by shares, registered in England and Wales, registration number 15101935. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 29 August 2023 and commenced trade on the same date.

The principal activity of the company is that of music consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006

  
2.2

Foreign currency translation

Functional and presentation currency
The company's functional and presentational currency is pound sterling.
Transactions and balances 
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
 
At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
 
Foreign exchange gains and losses that relate to borrowings are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover from the music consultancy is recognised when it is probable the company will receive the right to the consideration due under the contract.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
CHORUS ASIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.

 
2.10

 Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Trade debtors
28,672

Other debtors
5,375

Accrued income
25,293

59,340


Page 3

 
CHORUS ASIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

5.


Cash

2024
£

Cash at bank
103,642



6.


Creditors: amounts falling due within one year

2024
£

Trade creditors
3,100

Corporation tax
30,518

Other taxation and social security
3,810

Other creditors
12,500

Accruals
31,640

81,568



7.


Share capital

2024
£
Allotted, called up and fully paid


2 Ordinary shares shares of £1.00 each
2
1 Ordinary A shares share of £1.00
1
1 Ordinary B shares share of £1.00
1

4


On incorporation, the company issued 1 ordinary share with a nominal value of £1. 
On the same day, the company issued 1 ordinary share, 1 ordinary A share and 1 ordinary B share with a nominal value of £1 each.  


8.


Transactions with director

During the period, dividends of £17,500 were paid to the director.  

 
Page 4