Magnetic North Music Ltd in Hove, BN3 6LS

Description

Data updated on: 01-11-2023

Magnetic North Music Ltd is officially located at Hove at 73 Goldstone Crescent. You can look up the company by the zip code - BN3 6LS. Magnetic North Music's founding dates back to 2012. This business is registered under the number 08294852 and their current status is active. This firm's classified under the NACE and SIC code 90010 which stands for Performing arts. November 30, 2022 is the last time when the accounts were filed.

The limited company owes its achievements and permanent progress to two directors, namely Iain A. and Miriam A., who have been running the company for twelve years.

Executives who have control over the firm are as follows: Iain A. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Miriam A. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30	2023-11-30
Currency
Net Worth	120 728	314 953	624 717	775 052

Balance Sheet
Cash Bank In Hand	84 519	353 145	541 894	699 024
Cash Bank On Hand				699 024	1 370 333	1 627 271	1 495 934	1 589 225	1 422 622	1 403 665	1 443 582
Current Assets	148 180	354 476	735 913	897 129	1 557 406	1 766 948	1 702 629	1 668 733	1 495 097	1 512 434	1 560 750
Debtors	63 661	1 331	6 362	6 300	4 900	11 038	26 830	2 825	2 580	22 200	5 864
Intangible Fixed Assets	12 000	9 000	6 000	3 000
Net Assets Liabilities				775 052	1 392 936	1 700 123	1 906 731	1 927 145	1 744 442	1 788 197	1 813 410
Other Debtors					1 000	1 000	1 000
Property Plant Equipment				42 051	38 393	35 152	29 897	46 329	35 572	70 424	58 902
Tangible Fixed Assets	14 310	21 541	23 476	42 051

Capital & Reserves
Called Up Share Capital	100	100	100	100
Profit Loss Account Reserve	120 628	314 853	624 617	774 952
Shareholder Funds	120 728	314 953	624 717	775 052

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				12 000	15 000	15 000	15 000	15 000	15 000	15 000
Accumulated Depreciation Impairment Property Plant Equipment				47 799	65 469	85 402	97 308	86 719	94 063	110 129	123 805
Additions Other Than Through Business Combinations Investment Property Fair Value Model							272 452
Average Number Employees During Period					2	2	2	2	2	2	2
Creditors				167 128	195 568	95 298	92 269	51 566	54 506	57 596	72 471
Creditors Due Within One Year	53 762	70 064	140 672	167 128
Disposals Decrease In Depreciation Impairment Property Plant Equipment							405	26 032	4 513	7 404	5 958
Disposals Property Plant Equipment							1 620	27 315	6 612	10 307	7 220
Fixed Assets	26 310	30 541	29 476	45 051	38 393	35 152	302 349	318 781	310 610	346 739	336 322
Increase From Amortisation Charge For Year Intangible Assets					3 000
Increase From Depreciation Charge For Year Property Plant Equipment					17 670	19 933	12 311	15 443	11 857	23 470	19 634
Intangible Assets				3 000
Intangible Assets Gross Cost				15 000	15 000	15 000	15 000	15 000	15 000	15 000
Intangible Fixed Assets Additions	15 000
Intangible Fixed Assets Aggregate Amortisation Impairment	3 000	6 000	9 000	12 000
Intangible Fixed Assets Amortisation Charged In Period	3 000	3 000	3 000	3 000
Intangible Fixed Assets Cost Or Valuation	15 000	15 000	15 000
Investment Property							272 452	272 452	272 452	272 452	272 452
Investment Property Fair Value Model							272 452	272 452	272 452	272 452
Investments Fixed Assets									2 586	3 863	4 968
Net Current Assets Liabilities	94 418	284 412	595 241	730 001	1 361 838	1 671 650	1 610 360	1 617 167	1 440 591	1 454 838	1 488 279
Number Shares Allotted	100	100	100	100
Other Creditors				6 031	8 761	6 406	6 777	5 796	4 773	5 271	2 600
Other Investments Other Than Loans									2 586	3 863	4 968
Other Taxation Social Security Payable				158 672	185 473	87 671	84 951	44 978	48 464	46 110	69 506
Par Value Share	1	1	1	1
Prepayments Accrued Income Current Asset			187 657	191 805
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				191 805	182 173	128 639	179 865	76 683	69 895	86 569	111 304
Property Plant Equipment Gross Cost				89 850	103 862	120 554	127 205	133 048	129 635	180 553	182 707
Provisions For Liabilities Balance Sheet Subtotal					7 295	6 679	5 978	8 803	6 759	13 380	11 191
Share Capital Allotted Called Up Paid	100	100	100	100
Tangible Fixed Assets Additions	19 847	16 811	15 611	37 581
Tangible Fixed Assets Cost Or Valuation	19 847	36 658	52 269	89 850
Tangible Fixed Assets Depreciation	5 537	15 117	28 793	47 799
Tangible Fixed Assets Depreciation Charged In Period	5 537	9 580	13 676	19 006
Total Additions Including From Business Combinations Property Plant Equipment					14 012	16 692	8 271	33 158	3 199	61 225	9 375
Total Assets Less Current Liabilities	120 728	314 953	624 717	775 052	1 400 231	1 706 802	1 912 709	1 935 948	1 751 201	1 801 577	1 824 601
Trade Creditors Trade Payables				2 425	1 334	1 221	541	792	1 269	6 215	365
Trade Debtors Trade Receivables				6 300	3 900	10 038	25 830	2 825	2 580	22 200	5 864
Advances Credits Directors	24 557
Advances Credits Made In Period Directors	40 000
Advances Credits Repaid In Period Directors	15 443

Company staff

Iain A.

Role: Director

Appointed: 15 November 2012

Latest update: 9 January 2024

Miriam A.

Role: Director

Appointed: 15 November 2012

Latest update: 9 January 2024

People with significant control

Iain A.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Miriam A.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	29 November 2023
Confirmation statement last made up date	15 November 2022

Annual Accounts 1 July 2014
Start Date For Period Covered By Report	15 November 2012
End Date For Period Covered By Report	30 November 2013
Date Approval Accounts	1 July 2014
Annual Accounts 13 January 2015
Start Date For Period Covered By Report	01 December 2013
End Date For Period Covered By Report	30 November 2014
Date Approval Accounts	13 January 2015
Annual Accounts 22 February 2016
Start Date For Period Covered By Report	01 December 2014
End Date For Period Covered By Report	30 November 2015
Date Approval Accounts	22 February 2016
Annual Accounts 2 August 2017
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Date Approval Accounts	2 August 2017
Annual Accounts
Start Date For Period Covered By Report	01 December 2016
End Date For Period Covered By Report	30 November 2017
Annual Accounts
Start Date For Period Covered By Report	01 December 2017
End Date For Period Covered By Report	30 November 2018
Annual Accounts
Start Date For Period Covered By Report	01 December 2018
End Date For Period Covered By Report	30 November 2019
Annual Accounts
Start Date For Period Covered By Report	01 December 2019
End Date For Period Covered By Report	30 November 2020
Annual Accounts
Start Date For Period Covered By Report	01 December 2020
End Date For Period Covered By Report	30 November 2021
Annual Accounts
Start Date For Period Covered By Report	01 December 2021
End Date For Period Covered By Report	30 November 2022
Annual Accounts
Start Date For Period Covered By Report	01 December 2022
End Date For Period Covered By Report	30 November 2023

Magnetic North Music Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Iain A.

Miriam A.

People with significant control

Iain A.

Miriam A.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

Accountant/Auditor,
2015 - 2016

Name:

Address:

Post code:

City / Town:

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Services (by SIC Code)

Company Age

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Magnetic North Music Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Iain A.

Miriam A.

People with significant control

Iain A.

Miriam A.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

Accountant/Auditor, 2015 - 2016

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

HQ address,
2013

HQ address,
2014

Accountant/Auditor,
2015 - 2016