Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-31 2024-10-31 2023-11-01 false Performing Arts 3 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09828085 2023-11-01 2024-10-31 09828085 2022-11-01 2023-10-31 09828085 2024-10-31 09828085 2023-10-31 09828085 c:Director1 2023-11-01 2024-10-31 09828085 c:Director1 2024-10-31 09828085 c:RegisteredOffice 2023-11-01 2024-10-31 09828085 d:ComputerEquipment 2023-11-01 2024-10-31 09828085 d:ComputerEquipment 2024-10-31 09828085 d:ComputerEquipment 2023-10-31 09828085 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09828085 d:CurrentFinancialInstruments 2024-10-31 09828085 d:CurrentFinancialInstruments 2023-10-31 09828085 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09828085 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09828085 d:ShareCapital 2024-10-31 09828085 d:ShareCapital 2023-10-31 09828085 d:RetainedEarningsAccumulatedLosses 2024-10-31 09828085 d:RetainedEarningsAccumulatedLosses 2023-10-31 09828085 c:FRS102 2023-11-01 2024-10-31 09828085 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09828085 c:FullAccounts 2023-11-01 2024-10-31 09828085 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09828085 2 2023-11-01 2024-10-31 09828085 6 2023-11-01 2024-10-31 09828085 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 09828085 TMCF MUSIC LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 OCTOBER 2024
TMCF MUSIC LIMITED
COMPANY INFORMATION
Director | Thomas McFarland (appointed 16 October 2015)
Registered number | 09828085
Registered office | 2nd Floor
| Connaught House
| 1-3 Mount Street (Entrance Via Davies Street)
| London
| United Kingdom
| W1K 3NB
Accountants | Sopher + Co LLP
| Chartered Accountants
| 5 Elstree Gate
| Elstree Way
| Borehamwood
| Hertfordshire
| WD6 1JD
TMCF MUSIC LIMITED REGISTERED NUMBER:09828085
STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 605 |  | 910
Investments |  |  | 212,962 |  | 196,728
|  |  | 213,567 |  | 197,638
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 68,220 |  | 46,500 |
Bank and cash balances |  | 909,883 |  | 189,857 |
|  | 978,103 |  | 236,357 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 7 | (267,187) |  | (69,208) |
Net current assets |  |  | 710,916 |  | 167,149
Total assets less current liabilities |  |  | 924,483 |  | 364,787
Net assets |  |  | 924,483 |  | 364,787
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 924,482 |  | 364,786
|  |  | 924,483 |  | 364,787
Page 1
TMCF MUSIC LIMITED REGISTERED NUMBER:09828085
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 OCTOBER 2024 The director considers 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 year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his 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 on 18 September 2025.
Thomas McFarland
Director
Page 2
TMCF MUSIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
1. | General information
TMCF MUSIC LIMITED is a private company limited by shares, incorporated in England and Wales. The registered office is 2nd Floor, Connaught House, 1-3 Mount Street (Entrance via Davies Street), London, United Kingdom, W1K 3NB. The principal activity of the company during the period was performing arts. The company's functional and presentational currency is Pound Sterling (£). 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
TMCF MUSIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 2.Accounting policies (continued)
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Computer equipment | - | 25% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.6 | Fixed assets investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
TMCF MUSIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 2.Accounting policies (continued)
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 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 year was 3 (2023 - 1).
4. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost or valuation |
| At 1 November 2023 | 1,213
| At 31 October 2024 | 1,213
| Depreciation |
| At 1 November 2023 | 304
| Charge for the year on owned assets | 304
| At 31 October 2024 | 608
| Net book value |
| At 31 October 2024 | 605
| At 31 October 2023 | 910
Page 5
TMCF MUSIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
5. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 November 2023 | 196,728
| Additions | 16,234
| At 31 October 2024 | 212,962
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 67,741 | 46,500
| Other debtors | 479 | -
|  | 68,220 | 46,500
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Corporation tax | 183,512 | 46,223
| Other taxation and social security | 75,654 | 22,514
| Other creditors | 2,825 | 471
| Accruals and deferred income | 5,196 | -
|  | 267,187 | 69,208
Page 6