The Voice And Music Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02439206 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

The Voice And Music Company Limited

Trading as

Soho Square Studios

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

A B Coates

K A Coates

SECRETARY:

K A Coates

REGISTERED OFFICE:

33 Soho Square

London

W1D 3QU

REGISTERED NUMBER:

02439206 (England and Wales)

ACCOUNTANTS:

Haines Watts

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

FIXED ASSETS

Tangible assets

4

96,455

107,854

CURRENT ASSETS

Debtors

5

316,127

287,676

Cash at bank and in hand

250,161

195,866

566,288

483,542

CREDITORS

Amounts falling due within one year

6

177,148

124,588

NET CURRENT ASSETS

389,140

358,954

TOTAL ASSETS LESS CURRENT LIABILITIES

485,595

466,808

CREDITORS

Amounts falling due after more than one year

7

449,655

449,794

NET ASSETS

35,940

17,014

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

34,940

16,014

SHAREHOLDERS' FUNDS

35,940

17,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 24 July 2020 and were signed on its behalf by:

A B Coates - Director

1.	STATUTORY INFORMATION

The Voice And Music Company Limited is a private company, limited by shares , registered in

England and Wales. The 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property leases

Plant and machinery etc

-

25% on cost and at varying rates on cost

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 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.

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 11 (2018 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2019

646,653

203,651

850,304

Additions

-

17,207

17,207

At 31 December 2019

646,653

220,858

867,511

DEPRECIATION

At 1 January 2019

615,056

127,394

742,450

Charge for year

7,818

20,788

28,606

At 31 December 2019

622,874

148,182

771,056

NET BOOK VALUE

At 31 December 2019

23,779

72,676

96,455

At 31 December 2018

31,597

76,257

107,854

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

135,581

125,346

Amounts owed by group undertakings

22,095

22,095

Other debtors

158,451

140,235

316,127

287,676

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

60,689

38,135

Taxation and social security

58,402

27,054

Other creditors

58,057

59,399

177,148

124,588

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

449,655

449,794

8.	OTHER FINANCIAL COMMITMENTS

The total of future minimum lease payments under non-cancellable operating leases as at year end

31 December 2019 is as follows:

- not later than one year £95,500

- later than one year and not later than 5 years £382,000

- later than five years £222,833

9.	OFF-BALANCE SHEET ARRANGEMENTS

State Street Custodial Services (Jersey) Limited and Rreef UK Office Property Fund (Holdings)Limited

hold a fixed charge over the company.

Alan Coates, Kim Coates (directors) and European Pensions Management Limited hold a legal charge

over £40,000 in the accounts.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2019

and 31 December 2018:

31.12.19

31.12.18

£

£

A B Coates and K A Coates

Balance outstanding at start of year

4,914

-

Amounts advanced

2,342

4,914

Amounts repaid

(4,914

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,342

4,914

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of The Voice And Music Company Limited for the year ended

31 December 2019 which comprise the Income Statement, Balance Sheet and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Voice And Music Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Voice And Music Company Limited and state those matters that we have agreed to state to the Board of Directors of The Voice And Music Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Voice And Music Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Voice And Music Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Voice And Music Company Limited. You consider that The Voice And Music Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Voice And Music Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

24 July 2020