Music Bros Limited in Shrewsbury, SY1 1PN

Description

Data updated on: 01-11-2023

Music Bros is a firm registered at SY1 1PN Shrewsbury at 12 Rouse Hill Bank. This firm was formed in 2009 and is registered as reg. no. 06788870. This firm has existed on the UK market for 15 years now and the last known state is active. This enterprise's declared SIC number is 47591 which means Retail sale of musical instruments and scores. Music Bros Ltd filed its account information for the financial period up to 2022-05-31. The company's most recent confirmation statement was filed on 2023-01-12.

Clive B. is the firm's individual managing director, that was designated to this position 15 years ago. Since 2010-06-17 Steven Y., had been fulfilling assigned duties for this specific business till the resignation in 2011. Furthermore another director, namely George D. resigned fourteen years ago.

Clive B. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	2 503	2 077	4 748	9 251

Balance Sheet
Cash Bank In Hand	4	121	8 210
Cash Bank On Hand					5 332			8 537	41 013	14 002	11 308
Current Assets	104 030	84 305	97 575	99 065	127 972	139 450	184 615	172 126	163 463	173 892	201 448
Intangible Fixed Assets	27 648	25 920	23 760	22 032
Net Assets Liabilities					11 708	14 016	16 181	27 143	50 535	76 224	94 230
Net Assets Liabilities Including Pension Asset Liability	2 503	2 077
Property Plant Equipment				1 295	1 826	1 328	996	747	2 336	3 157	2 993
Stocks Inventory	104 026	84 184	89 365	99 065
Tangible Fixed Assets	1 552	1 164	873	1 295
Total Inventories				99 065	122 640	139 450	184 615	160 550	122 450	159 890	190 140
Debtors								3 039
Other Debtors								3 039

Capital & Reserves
Called Up Share Capital	2	2	2	2
Profit Loss Account Reserve	2 501	2 075	4 746	9 249
Shareholder Funds	2 503	2 077	4 748	9 251

Other Financial Data
Accrued Liabilities Deferred Income				990	990	990	2 907	2 907	2 907	2 907	2 925
Accumulated Amortisation Impairment Intangible Assets				12 528	14 256	15 984	17 712	19 440	21 168	22 896	24 624
Accumulated Depreciation Impairment Property Plant Equipment				3 479	3 953	4 218	4 550	4 799	5 578	6 630	7 627
Average Number Employees During Period					5	4	4	4	4	5	4
Bank Borrowings Overdrafts				8 537		8 485	24 931
Corporation Tax Payable				7 604	13 375	5 643	5 158	13 679	11 355	13 067	10 929
Creditors				113 141	138 394	3 688	186 278	71 667	56 111	40 556	33 333
Creditors Due After One Year	1 368
Creditors Due Within One Year	129 359	109 312	117 460	113 141
Disposals Decrease In Depreciation Impairment Property Plant Equipment					135	178
Disposals Property Plant Equipment					177	233
Dividends Paid					19 427	19 761	17 750	23 000	25 000	29 000	26 000
Fixed Assets	29 200	27 084	24 633	23 327	22 130	19 904	17 844	15 867	15 728	14 821	12 929
Increase From Amortisation Charge For Year Intangible Assets					1 728	1 728	1 728	1 728	1 728	1 728	1 728
Increase From Depreciation Charge For Year Property Plant Equipment					609	443	332	249	779	1 052	997
Intangible Assets				22 032	20 304	18 576	16 848	15 120	13 392	11 664	9 936
Intangible Assets Gross Cost				34 560	34 560	34 560	34 560	34 560	34 560	34 560
Intangible Fixed Assets Aggregate Amortisation Impairment	6 912	8 640	10 800	12 528
Intangible Fixed Assets Amortisation Charged In Period		1 728	2 160	1 728
Intangible Fixed Assets Cost Or Valuation	34 560	34 560	34 560
Net Current Assets Liabilities	-25 329	-25 007	-19 885	-14 076	-10 422	-2 200	-1 663	82 943	90 918	101 959	114 634
Number Shares Allotted		2	2	2
Number Shares Issued Fully Paid					2	2	2	2	2	2	2
Other Creditors				49 932	61 174	70 036	62 193	32 940	177	1 713	412
Other Remaining Borrowings						3 688	4 375	71 667	56 111	40 556	33 333
Other Taxation Social Security Payable				301	326	332	440	442	456	645	810
Par Value Share		1	1	1	1	1	1	1	1	1	1
Profit Loss					21 884	22 069	19 915	33 962	48 392	54 689	44 006
Property Plant Equipment Gross Cost				4 774	5 779	5 546	5 546	5 546	7 914	9 787	10 620
Share Capital Allotted Called Up Paid	2	2	2	2
Tangible Fixed Assets Additions				854
Tangible Fixed Assets Cost Or Valuation	3 920	3 920	3 920	4 774
Tangible Fixed Assets Depreciation	2 368	2 756	3 047	3 479
Tangible Fixed Assets Depreciation Charged In Period		388	291	432
Total Additions Including From Business Combinations Property Plant Equipment					1 182				2 368	1 873	833
Total Assets Less Current Liabilities	3 871	2 077	4 748	9 251	11 708	17 704	16 181	98 810	106 646	116 780	127 563
Trade Creditors Trade Payables				33 635	47 400	34 339	67 968	3 712	14 860	20 707	50 465

Company staff

Clive B.

Role: Director

Appointed: 12 January 2009

Latest update: 31 March 2024

People with significant control

Clive B.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	26 January 2024
Confirmation statement last made up date	12 January 2023

Annual Accounts 26 February 2015
Start Date For Period Covered By Report	01 June 2013
End Date For Period Covered By Report	31 May 2014
Date Approval Accounts	26 February 2015
Annual Accounts 22 February 2016
Start Date For Period Covered By Report	01 June 2014
End Date For Period Covered By Report	31 May 2015
Date Approval Accounts	22 February 2016
Annual Accounts 27 February 2017
Start Date For Period Covered By Report	01 June 2015
End Date For Period Covered By Report	31 May 2016
Date Approval Accounts	27 February 2017
Annual Accounts
Start Date For Period Covered By Report	01 June 2016
End Date For Period Covered By Report	31 May 2017
Annual Accounts
Start Date For Period Covered By Report	01 June 2017
End Date For Period Covered By Report	31 May 2018
Annual Accounts
Start Date For Period Covered By Report	01 June 2018
End Date For Period Covered By Report	31 May 2019
Annual Accounts
Start Date For Period Covered By Report	01 June 2019
End Date For Period Covered By Report	31 May 2020
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2021
End Date For Period Covered By Report	31 May 2022
Annual Accounts
Start Date For Period Covered By Report	01 June 2022
End Date For Period Covered By Report	31 May 2023

Music Bros Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Clive B.

Steven Y.

George D.

People with significant control

Clive B.

Accounts Documents

Company filings

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