for the Period Ended 31 October 2016
Company Information | |
Report of the Directors | |
Profit and Loss Account | |
Gains and Losses | |
Balance sheet | |
Notes to the Financial Statements |
for the Period Ended 31 October 2016
Director: |
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Registered office: |
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Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 31 October 2016
Principal Activities
Directors
The directors shown below have held office during the whole of the period from
01 November 2015 to 31 October 2016
Nicholas Antoniou
Stephen James Phillips
Philippe Jules Louis Victor Rixhon
Wim Soens
Political and charitable donations
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 October 2016
Notes |
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2015 £ |
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Turnover: |
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Gross profit or (loss): |
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Administrative expenses: |
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Operating profit or (loss): |
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Profit or (loss) on ordinary activities before taxation: |
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Profit or (loss) for the financial year: |
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The notes form part of these financial statements
The company does not have any gains and losses other than Profit and Loss for the period to report
As at
Notes |
2016 £ |
2015 £ |
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Fixed assets | |||
Intangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 October 2016
Notes |
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2015 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Profit and loss account: | 4 |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2016
Basis of measurement and preparation of accounts
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
Going concern
The accounts have been prepared on a going concern basis which is dependent upon the continuing support of the directors who have agreed not to seek repayment of loans made to the company for the foreseeable future. The company's business plan shows a profitable position for the company, however this is dependent upon its ability to secure sufficient funding in the short term.
Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
for the Period Ended 31 October 2016
Goodwill | Other | Total | |
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Cost | £ | £ | £ |
01 November 2015: |
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Additions: |
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Disposals: |
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Revaluations: |
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Transfers: |
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31 October 2016: |
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Amortisation | |||
01 November 2015: |
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Provided during the period: |
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On disposals: |
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Other Adjustments: |
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31 October 2016: |
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Net book value | |||
31 October 2016: |
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31 October 2015: |
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Jazz Music Ltd, England and Wales, ordinary holding, 50% of voting rights and shares held, dormant. The profit for the financial period of Jazz Music Ltd was nil and the aggregate amount of capital and reserves at the end of the period was GBP 100.
Pan Music Ltd, England and Wales, ordinary holding, 33.3% of voting rights and shares held, dormant. The profit for the financial period of Pan Music Ltd was nil and the aggregate amount of capital and reserves at the end of the period was GBP 96.
for the Period Ended 31 October 2016
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Opening balance: |
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Profit or (loss) for the period: |
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Retained profit: |
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for the Period Ended 31 October 2016
Name of the ultimate controlling party during the period: |
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Name of related party: |
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Relationship: |
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Description of the transaction |
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Balance at 01 November 2015 |
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Balance at 31 October 2016 |
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