ACCOUNTS - Final Accounts preparation

Registered number: 14098309

CULTURE SOUNDS LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

CULTURE SOUNDS LTD

REGISTERED NUMBER: 14098309

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Cash at bank and in hand	4	3,731		5,749
		3,731		5,749
Creditors: amounts falling due within one year	5	(102,901)		(72,159)
Net current liabilities			(99,170)		(66,410)
Total assets less current liabilities			(99,170)		(66,410)

Net liabilities			(99,170)		(66,410)

Capital and reserves
Called up share capital	200	200
Profit and loss account	(99,370)	(66,610)
	(99,170)	(66,410)

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CULTURE SOUNDS LTD

REGISTERED NUMBER: 14098309

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

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 year 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 statement of income and retained earnings 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:

................................................

A Katter

Director

Date: 29 September 2025

The notes on pages 3 to 4 form part of these financial statements.

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CULTURE SOUNDS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Culture Sounds Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered address is Aston House, Cornwall Avenue, London, N3 1LF. The registered
company number is 14098309.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the director considers it appropriate to prepare the accounts on a going concern basis.

2.3

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.

2.4

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.

Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

4.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	3,731	5,749
	3,731	5,749

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CULTURE SOUNDS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other taxation and social security	318	832
Other creditors	102,583	71,327
	102,901	72,159

6.	Related party transactions
	Included in other creditors is an amount of £54,102 (2023: 37,845) owing to Gravity Entertainment Ltd, a company with common directors. Included in other creditors is an amount of £48,481 (2023: £33,481) owing to Hullabarlulah Ltd, a company with common directors. These loans are unsecured, interest free and repayable on demand.

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