Outsiders Recorded Music Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07990237

Outsiders Recorded Music Limited

Filleted Unaudited Financial Statements

31 December 2024

Outsiders Recorded Music Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Balance sheet	1

Notes to the financial statements	2

Outsiders Recorded Music Limited

Balance Sheet

31 December 2024

	2024		2023
Note	£	£	£	£

Current assets

Debtors	4	206,302	247,596
Cash at bank and in hand		80,422	36,660
		---------	---------
		286,724	284,256

Creditors: amounts falling due within one year	5	87,269		85,794
		---------		---------
Net current assets			199,455		198,462
			---------		---------
Total assets less current liabilities			199,455		198,462
			---------		---------
Net assets			199,455		198,462
			---------		---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	199,355	198,362
	---------	---------
Shareholders funds	199,455	198,462
	---------	---------

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 profit and loss account has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 May 2025 , and are signed on behalf of the board by:

Mrs A Cameron
Director

Company registration number: 07990237

Outsiders Recorded Music Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

4. Debtors

	2024	2023
	£	£
Other debtors	206,302	247,596
	---------	---------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,827	–
Corporation tax	233	893
Social security and other taxes	529	–
Other creditors	84,680	84,901
	--------	--------
	87,269	85,794
	--------	--------

6. Related party transactions

Other debtors includes the balance of £203,539 (2023: £243,654) due from a limited company that the director controls as the majority shareholder.