Company Registration No. 09099743 (England and Wales)
Pro Music Kit Ltd
Unaudited accounts
for the year ended 30 June 2022
Pro Music Kit Ltd
Unaudited accounts
Contents
Pro Music Kit Ltd
Company Information
for the year ended 30 June 2022
Company Number
09099743 (England and Wales)
Registered Office
Flat 1a, West End Mansions
West End Lane
London
NW6 1RD
Accountants
Wellington Consulting Ltd
Fairview
St Owens Cross
Hereford
Herefordshire
HR2 8LG
Pro Music Kit Ltd
Statement of financial position
as at
30 June 2022
Creditors: amounts falling due within one year
(23,005)
(22,775)
Net current liabilities
(22,885)
(22,655)
Net liabilities
(22,885)
(22,655)
Called up share capital
1
1
Profit and loss account
(22,886)
(22,656)
Shareholders' funds
(22,885)
(22,655)
For the year ending 30 June 2022 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 24 March 2023 and were signed on its behalf by
Michael Veazey
Director
Company Registration No. 09099743
Pro Music Kit Ltd
Notes to the Accounts
for the year ended 30 June 2022
Pro Music Kit Ltd is a private company, limited by shares, registered in England and Wales, registration number 09099743. The registered office is Flat 1a, West End Mansions, West End Lane, London, NW6 1RD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
The company has traded little during the year, but intends to continue trading with the support of the director.
4
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
24
Loans from directors
22,855
22,501
The director is not expecting to seek repayment of the loan until the company has sufficient funds.
Pro Music Kit Ltd
Notes to the Accounts
for the year ended 30 June 2022
5
Share capital
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2021: 1).