Village Music Limited in Strathclyde, G74 4JW

Description

Data updated on: 01-11-2023

Located in 33 Kittoch Street, East Kilbride, Strathclyde G74 4JW Village Music Limited is a Private Limited Company registered under the SC294468 Companies House Reg No. It has been started 19 years ago. The enterprise's principal business activity number is 47591 which means Retail sale of musical instruments and scores. Village Music Ltd filed its account information for the period that ended on 2023-01-31. The business most recent annual confirmation statement was released on 2022-12-14.

This company has a single director currently managing this company, specifically Jamie F. who's been executing the director's assignments for 19 years. The company had been governed by Colin F. until 2017. In order to support the directors in their duties, the company has been utilizing the expertise of Colin F. as a secretary since 2005.

Jamie F. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-01-31	2017-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	6 849	3 632	4 247	17 658	26 508	23 022
Current Assets	77 558	69 837	48 703	70 549	82 276	81 517
Debtors	1 520	1 589	316		1 110	561
Net Assets Liabilities	212	674	-20 298	-3 257	166	5 105
Other Debtors	1 520	1 589	316		1 110	561
Property Plant Equipment	11 388	9 522	6 238	6 491	6 260	6 021
Total Inventories	69 189	64 616	44 140	52 891	54 658	57 934

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		8 000		8 000	8 000	8 000
Accumulated Depreciation Impairment Property Plant Equipment	15 770	18 752	25 527	27 339	29 046	30 658
Additions Other Than Through Business Combinations Property Plant Equipment		1 116		2 065	1 476	1 373
Amortisation Rate Used For Intangible Assets		20		20	20	20
Average Number Employees During Period	3	3	3	2	2	2
Bank Borrowings Overdrafts				731	4 000	4 000
Corporation Tax Payable	1 781	3 182		78	2 281	3 789
Creditors	88 734	78 685	75 239	59 063	73 514	71 622
Depreciation Rate Used For Property Plant Equipment		20		20	20	20
Increase From Depreciation Charge For Year Property Plant Equipment		2 982		1 812	1 707	1 612
Intangible Assets Gross Cost		8 000		8 000	8 000	8 000
Net Current Assets Liabilities	-11 176	-8 848	-26 536	11 486	8 762	9 895
Other Creditors	51 885	57 584	44 237	32 394	21 828	11 066
Other Taxation Social Security Payable	1 784	3 267	579	2 576	1 176	428
Property Plant Equipment Gross Cost	27 158	28 274	31 765	33 830	35 306	36 679
Taxation Including Deferred Taxation Balance Sheet Subtotal				1 234	1 189	1 144
Total Assets Less Current Liabilities	212	674	-20 298	17 977	15 022	15 916
Trade Creditors Trade Payables	33 284	14 652	30 423	23 284	44 229	52 339