|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 March 2017 |
|
for |
|
Wandering Star Music Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 March 2017 |
|
for |
|
Wandering Star Music Limited |
Wandering Star Music Limited (Registered number: 03308917) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 March 2017 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Wandering Star Music Limited |
|
Company Information |
for the Year Ended 31 March 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
2 Higher Barn |
Higher Woodsford |
DORCHESTER |
Dorset |
DT2 8BT |
Wandering Star Music Limited (Registered number: 03308917) |
|
Balance Sheet |
31 March 2017 |
|
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
|
|
|
|
|
The directors acknowledge their 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
Wandering Star Music Limited (Registered number: 03308917) |
|
Notes to the Financial Statements |
for the Year Ended 31 March 2017 |
|
1. | STATUTORY INFORMATION |
|
Wandering Star Music Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
The accounts are prepared on a Going Concern basis as the Inter Company loans shown on the balance sheet |
total £201,267. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or |
substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all 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 recognised 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 recognised 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. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
|
Amounts owed to group undertakings |
|
|
|
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
All transactions with the Directors are entered through the Directors Current Account. |
|
Wandering Star Music Limited (Registered number: 03308917) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2017 |
|
7. | RELATED PARTY DISCLOSURES |
|
Paul and Michael Berrow are Directors of Wandering Star Media Ltd, Wandering Star Publishing Ltd, |
Wandering Star Ltd, Log Networks Ltd (formerly Bandname.com Ltd) and Wandering Star Records Ltd. There |
are inter-company loans between these companies which are shown on the balance sheet. |
|
8. | CONTROLLING PARTY |
|
The company is under the control of the Directors, Paul and Michael Berrow. |