|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2018 |
|
for |
|
JAMIROQUAI LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2018 |
|
for |
|
JAMIROQUAI LIMITED |
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 March 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
JAMIROQUAI LIMITED |
|
Company Information |
for the Year Ended 31 March 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
CHARTERED ACCOUNTANTS |
& BUSINESS ADVISORS |
78 MILL LANE |
LONDON |
NW6 1JZ |
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
Balance Sheet |
31 March 2018 |
|
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
Investments | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Investments | 7 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 8 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The director acknowledges his responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
Balance Sheet - continued |
31 March 2018 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
Notes to the Financial Statements |
for the Year Ended 31 March 2018 |
|
1. | STATUTORY INFORMATION |
|
JAMIROQUAI LIMITED is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents gross income receivable for music royalties and hire of aircraft excluding value added tax. |
|
Tangible fixed assets |
|
Leasehold improvements | - |
|
Air craft | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Equipment | - |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognized in the Income Statement, except to the extent |
that it relates to items recognized in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognized in respect of all material timing differences that have originated but not reversed at the balance |
sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognized in financial statements. Deferred tax is measured using tax rates and laws that have been enacted |
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognized only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
Exchange differences are taken into account in arriving at the operating result. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Leasehold | and |
improvements | Air craft | fittings |
£ | £ | £ |
COST |
At 1 April 2017 |
|
|
|
At 31 March 2018 |
|
|
|
DEPRECIATION |
At 1 April 2017 |
|
|
|
Charge for year |
|
|
|
At 31 March 2018 |
|
|
|
NET BOOK VALUE |
At 31 March 2018 |
|
|
|
At 31 March 2017 |
|
|
|
|
Motor |
vehicles | Equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2017 |
|
|
|
Additions |
|
|
|
At 31 March 2018 |
|
|
|
DEPRECIATION |
At 1 April 2017 |
|
|
|
Charge for year |
|
|
|
At 31 March 2018 |
|
|
|
NET BOOK VALUE |
At 31 March 2018 |
|
|
|
At 31 March 2017 |
|
|
|
|
5. | FIXED ASSET INVESTMENTS |
|
Investments (neither listed nor unlisted) were as follows: |
31.3.18 | 31.3.17 |
£ | £ |
Investment | 13,286,566 | 7,905,500 |
JAMIROQUAI LIMITED (REGISTERED NUMBER: 02746203) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
5. | FIXED ASSET INVESTMENTS - continued |
|
The company's investment at the balance sheet date in the members interest of an LLP [ registered in England and Wales] |
include the following: |
|
|
|
Jamiroquai Productions LLP |
Nature of business: Music and entertainment activities. |
|
6. | DEBTORS |
31.3.18 | 31.3.17 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
|
|
Other debtors |
|
|
Prepayments |
|
|
|
|
|
Amounts falling due after more than one year: |
Other debtors |
|
|
|
Aggregate amounts |
|
|
|
7. | CURRENT ASSET INVESTMENTS |
|
31.03.18 | 31.03.17 |
£ | £ |
Unlisted investments | NIL | 253,610 |
|
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade creditors |
|
|
Social security and other taxes |
|
|
Deposits in advance |
|
|
Accruals and deferred income |
|
|
|
|
|
9. | RELATED PARTY DISCLOSURES |
|
Other debtors include £2,929,527 [2017 £1,940,042] due from an LLP , which is registered in England and Wales, where |
there are common directors and members. |