TAFFIA INTERNATIONAL LIMITED

1. TAFFIA INTERNATIONAL LIMITED 2008-05-22 → present
2. NEWINCCO 822 LIMITED 2008-04-05 → 2008-05-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ecovis Wingrave Yeats LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors considered the operating nature of the entity where all transactions are conducted with related parties. The directors also assessed the outstanding inter-company payables for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds through funding from its ultimate parent Warner Music Group Corp to meet its liabilities as they fall due for that period. Warner Music Group Corp. has indicated its intention to continue to make available such funds as are needed by the company, and that it does not intend to seek repayment of the amounts due at the balance sheet date, for the period covered by the forecasts. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. The Company operates as a music exploitation entity for a single contract. This contract expired in the prior year and, as a result, the Company intends to wind down its operations and will be closed down solvently. The directors are satisfied that the Company has sufficient resources to meet its liabilities as they fall due.”

Significant events

• “The Company operates as a music exploitation entity for a single contract. This contract expired in the prior year and, as a result, the Company intends to wind down its operations and will be closed down solvently.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -59.4%

  £18,123 → £7,353

• Cash

  —

  Not reported

• Net assets

  +0.1%

  -£4,348,154 → -£4,344,338

• Employees

  —

  Not reported

• Profit before tax

  -97.2%

  £137,731 → £3,816

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers