| Registered number: 09908364 | ||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2024 | ||||||||
| Prepared By: | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| League of Sound Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 09908364 | ||||||||
| ACCOUNTANTS | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| League of Sound Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 DECEMBER 2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| League of Sound Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 3 | |||||||||
| Cash at bank and in hand | ||||||||||
| 14,591 | 36,178 | |||||||||
| CREDITORS: Amounts falling due within one year | 4 | |||||||||
| NET CURRENT LIABILITIES | ( | (35,693) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Profit and loss account | (64,545) | (35,309) | ||||||||
| SHAREHOLDERS' FUNDS | ( | ( | ||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| League of Sound Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Going Concern | ||||||||
| The company had net liabilities of £64,445 at the balance sheet date. However, included in Creditors was £79,399 owed to the directors and other creditors.With the continued support of the directors and other creditors, the directors believe the company to be a going concern. | ||||||||
| 1c. Depreciation | ||||||||
| Plant and Machinery | reducing balance 25% | |||||||
| 1d. Foreign Currency | ||||||||
| Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. | ||||||||
| 1e. Turnover | ||||||||
| Turnover is derived from sound recording and music publishing activities, artistic creation services supplied by the company and is recognised when services are rendered. | ||||||||
| 1f. Statutory Information | ||||||||
| League of Sound Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 09908364 and registered office address is First Floor, 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU. | ||||||||
| 1g. Financial Instruments | ||||||||
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. | ||||||||
| League of Sound Limited | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||
| Plant and | ||||
| Machinery | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 January 2024 | 1,894 | 1,894 | ||
| At 31 December 2024 | 1,894 | 1,894 | ||
| Depreciation | ||||
| At 1 January 2024 | 1,410 | 1,410 | ||
| For the year | 121 | 121 | ||
| At 31 December 2024 | 1,531 | 1,531 | ||
| Net Book Amounts | ||||
| At 31 December 2024 | 363 | |||
| At 31 December 2023 | 484 | |||
| 3. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 2,220 | 4,822 | ||||||
| 2,220 | 4,822 | |||||||
| 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Directors current account | 52,832 | 46,216 | ||||||
| Other creditors | 24,743 | 24,743 | ||||||
| Accruals | 1,824 | 912 | ||||||
| 79,399 | 71,871 | |||||||
| 5. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| League of Sound Limited | ||||||||
| 6. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||