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Company Registration No. 13220347 (England and Wales)
Louder Entertainment Ltd Unaudited accounts for the year ended 31 December 2024
Louder Entertainment Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Louder Entertainment Ltd Company Information for the year ended 31 December 2024
Directors
Daniel Newman Christie Liddicott William Gregory
Secretary
Alex Anderson
Company Number
13220347 (England and Wales)
Registered Office
C/O In The Loop Accounts Ltd 240b Kingsland Road London E2 8AX England
Accountants
In The Loop Accounts Limited Formal House 60 ST. GEORGES PLACE Cheltenham Gloucestershire GL50 3PN
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Louder Entertainment Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
19,375 
6,927 
Tangible assets
5
11,225 
11,340 
Investments
160,050 
160,050 
190,650 
178,317 
Current assets
Debtors
5,601,157 
2,703,014 
Cash at bank and in hand
787,008 
327,472 
6,388,165 
3,030,486 
Creditors: amounts falling due within one year
(5,979,845)
(2,857,918)
Net current assets
408,320 
172,568 
Total assets less current liabilities
598,970 
350,885 
Creditors: amounts falling due after more than one year
(250,872)
- 
Provisions for liabilities
Other provisions
(32,798)
- 
Net assets
315,300 
350,885 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
315,200 
350,785 
Shareholders' funds
315,300 
350,885 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by
Daniel Newman Director Company Registration No. 13220347
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Louder Entertainment Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Louder Entertainment Ltd is a private company, limited by shares, registered in England and Wales, registration number 13220347. The registered office is C/O In The Loop Accounts Ltd, 240b Kingsland Road, London, E2 8AX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Amended Accounts
These accounts replace the original accounts and are now the statutory accounts. They were prepared as they were at the date of the original accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Intangible fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Trademarks 10% straight line Website development 10% straight line
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
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Louder Entertainment Ltd Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
8,236 
Additions
14,161 
At 31 December 2024
22,397 
Amortisation
At 1 January 2024
1,309 
Charge for the year
1,713 
At 31 December 2024
3,022 
Net book value
At 31 December 2024
19,375 
At 31 December 2023
6,927 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
21,856 
Additions
7,419 
At 31 December 2024
29,275 
Depreciation
At 1 January 2024
10,516 
Charge for the year
7,534 
At 31 December 2024
18,050 
Net book value
At 31 December 2024
11,225 
At 31 December 2023
11,340 
6
Transactions with related parties
At the year end the company was owed £1,074 by Event Horizon Entertainment Limited (2023: £1074 was owed to Event Horizon Entertainment). Event Horizon Entertainment owned 90% of the issued share capital of the company at the year end. There is a fixed and floating charge covering all the property and undertaking of Event Horizon Entertainment Limited in favour of The Helios Fairfax Partners Corporation. At the year end the company was owed £188,377 by Foreverland Ltd (2023: £139,416) Louder Entertainment owned 50% of the issued share capital of Foreverland Ltd at the year end. At the year end the company was owed £168,092 by Percolate Entertainment Ltd (2023: £0) Louder Entertainment owned 50% of the issued share capital of of Percolate Entertainment at the year end. At the year end the company owed £42,970 to All Stars London Festival Ltd (2023: £6,051) Louder Entertainment owned 50% of the issued share capital of All Stars London Festival Ltd at the year end.
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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