Raspberry Records Limited - Period Ending 2019-03-31

Registration number: 10699652

Raspberry Records Limited

Unaudited Financial Statements

for the Year Ended 31 March 2019

Alextra Group Ltd
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

Raspberry Records Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 4

Raspberry Records Limited

Company Information

Directors

Mrs K Hemmings Miss N Hemmings

Registered office

7-9 Macon Court Crewe Cheshire CW1 6EA

Accountants

Alextra Group Ltd Chartered Certified Accountants 7-9 Macon Court Crewe Cheshire CW1 6EA

Page 1

Raspberry Records Limited

(Registration number: 10699652)
Balance Sheet as at 31 March 2019

	Note	2019 £	2018 £
Current assets
Debtors	3	5,620	3,170
Cash at bank and in hand		607	44
		6,227	3,214
Creditors: Amounts falling due within one year	4	(358,470)	(229,795)
Net liabilities		(352,243)	(226,581)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(352,343)	(226,681)
Total equity		(352,243)	(226,581)

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 12 September 2019 and signed on its behalf by:
 

.........................................

Miss N Hemmings
Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

Raspberry Records Limited

Notes to the Financial Statements for the Year Ended 31 March 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and
provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value
added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except
that a change attributable to an item of income or expense recognised as other comprehensive income is also
recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively
enacted by the reporting date in the countries where the company operates and generates taxable income.

Page 3

Raspberry Records Limited

Notes to the Financial Statements for the Year Ended 31 March 2019

3

Debtors

	2019 £	2018 £
Other debtors	5,620	3,170
	5,620	3,170

4

Creditors

Creditors: amounts falling due within one year

	2019 £	2018 £
Due within one year
Trade creditors	26,372	-
Other creditors	332,098	229,795
	358,470	229,795

Page 4