2023-04-012024-03-312024-03-31false04656296P. DEAN MUSIC LIMITED2024-10-17iso4217:GBPxbrli:pure046562962023-04-01046562962024-03-31046562962023-04-012024-03-31046562962022-04-01046562962023-03-31046562962022-04-012023-03-3104656296bus:SmallEntities2023-04-012024-03-3104656296bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3104656296bus:FullAccounts2023-04-012024-03-3104656296bus:PrivateLimitedCompanyLtd2023-04-012024-03-3104656296core:WithinOneYear2024-03-3104656296core:AfterOneYear2024-03-3104656296core:WithinOneYear2023-03-3104656296core:AfterOneYear2023-03-3104656296core:ShareCapital2024-03-3104656296core:SharePremium2024-03-3104656296core:RevaluationReserve2024-03-3104656296core:OtherReservesSubtotal2024-03-3104656296core:RetainedEarningsAccumulatedLosses2024-03-3104656296core:ShareCapital2023-03-3104656296core:SharePremium2023-03-3104656296core:RevaluationReserve2023-03-3104656296core:OtherReservesSubtotal2023-03-3104656296core:RetainedEarningsAccumulatedLosses2023-03-3104656296core:LandBuildings2024-03-3104656296core:PlantMachinery2024-03-3104656296core:Vehicles2024-03-3104656296core:FurnitureFittings2024-03-3104656296core:OfficeEquipment2024-03-3104656296core:NetGoodwill2024-03-3104656296core:IntangibleAssetsOtherThanGoodwill2024-03-3104656296core:ListedExchangeTraded2024-03-3104656296core:UnlistedNon-exchangeTraded2024-03-3104656296core:LandBuildings2023-03-3104656296core:PlantMachinery2023-03-3104656296core:Vehicles2023-03-3104656296core:FurnitureFittings2023-03-3104656296core:OfficeEquipment2023-03-3104656296core:NetGoodwill2023-03-3104656296core:IntangibleAssetsOtherThanGoodwill2023-03-3104656296core:ListedExchangeTraded2023-03-3104656296core:UnlistedNon-exchangeTraded2023-03-3104656296core:LandBuildings2023-04-012024-03-3104656296core:PlantMachinery2023-04-012024-03-3104656296core:Vehicles2023-04-012024-03-3104656296core:FurnitureFittings2023-04-012024-03-3104656296core:OfficeEquipment2023-04-012024-03-3104656296core:NetGoodwill2023-04-012024-03-3104656296core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104656296core:ListedExchangeTraded2023-04-012024-03-3104656296core:UnlistedNon-exchangeTraded2023-04-012024-03-3104656296core:MoreThanFiveYears2023-04-012024-03-3104656296core:Non-currentFinancialInstruments2024-03-3104656296core:Non-currentFinancialInstruments2023-03-3104656296dpl:CostSales2023-04-012024-03-3104656296dpl:DistributionCosts2023-04-012024-03-3104656296core:LandBuildings2023-04-012024-03-3104656296core:PlantMachinery2023-04-012024-03-3104656296core:Vehicles2023-04-012024-03-3104656296core:FurnitureFittings2023-04-012024-03-3104656296core:OfficeEquipment2023-04-012024-03-3104656296dpl:AdministrativeExpenses2023-04-012024-03-3104656296core:NetGoodwill2023-04-012024-03-3104656296core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104656296dpl:GroupUndertakings2023-04-012024-03-3104656296dpl:ParticipatingInterests2023-04-012024-03-3104656296dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3104656296core:ListedExchangeTraded2023-04-012024-03-3104656296dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3104656296core:UnlistedNon-exchangeTraded2023-04-012024-03-3104656296dpl:CostSales2022-04-012023-03-3104656296dpl:DistributionCosts2022-04-012023-03-3104656296core:LandBuildings2022-04-012023-03-3104656296core:PlantMachinery2022-04-012023-03-3104656296core:Vehicles2022-04-012023-03-3104656296core:FurnitureFittings2022-04-012023-03-3104656296core:OfficeEquipment2022-04-012023-03-3104656296dpl:AdministrativeExpenses2022-04-012023-03-3104656296core:NetGoodwill2022-04-012023-03-3104656296core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104656296dpl:GroupUndertakings2022-04-012023-03-3104656296dpl:ParticipatingInterests2022-04-012023-03-3104656296dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3104656296core:ListedExchangeTraded2022-04-012023-03-3104656296dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3104656296core:UnlistedNon-exchangeTraded2022-04-012023-03-3104656296core:NetGoodwill2024-03-3104656296core:IntangibleAssetsOtherThanGoodwill2024-03-3104656296core:LandBuildings2024-03-3104656296core:PlantMachinery2024-03-3104656296core:Vehicles2024-03-3104656296core:FurnitureFittings2024-03-3104656296core:OfficeEquipment2024-03-3104656296core:AfterOneYear2024-03-3104656296core:WithinOneYear2024-03-3104656296core:ListedExchangeTraded2024-03-3104656296core:UnlistedNon-exchangeTraded2024-03-3104656296core:ShareCapital2024-03-3104656296core:SharePremium2024-03-3104656296core:RevaluationReserve2024-03-3104656296core:OtherReservesSubtotal2024-03-3104656296core:RetainedEarningsAccumulatedLosses2024-03-3104656296core:NetGoodwill2023-03-3104656296core:IntangibleAssetsOtherThanGoodwill2023-03-3104656296core:LandBuildings2023-03-3104656296core:PlantMachinery2023-03-3104656296core:Vehicles2023-03-3104656296core:FurnitureFittings2023-03-3104656296core:OfficeEquipment2023-03-3104656296core:AfterOneYear2023-03-3104656296core:WithinOneYear2023-03-3104656296core:ListedExch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P. DEAN MUSIC LIMITED

Registered Number
04656296
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

P. DEAN MUSIC LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Michelle Dean
Paul Gareth Dean

Company Secretary

Paul Gareth Dean

Registered Address

2 Stanley Road
Benfleet
Essex
SS7 3EL

Registered Number

04656296 (England and Wales)
P. DEAN MUSIC LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3625449
625449
Current assets
Cash at bank and on hand15,15315,131
15,15315,131
Creditors amounts falling due within one year4(12,302)(12,024)
Net current assets (liabilities)2,8513,107
Total assets less current liabilities3,4763,556
Provisions for liabilities5(119)(85)
Net assets3,3573,471
Capital and reserves
Called up share capital100100
Profit and loss account3,2573,371
Shareholders' funds3,3573,471
The financial statements were approved and authorised for issue by the Board of Directors on 17 October 2024, and are signed on its behalf by:
Paul Gareth Dean
Director
Registered Company No. 04656296
P. DEAN MUSIC LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery10
Fixtures and fittings25
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 April 238,4591,0809,539
Additions-259259
At 31 March 248,4591,3399,798
Depreciation and impairment
At 01 April 238,0241,0669,090
Charge for year74983
At 31 March 248,0981,0759,173
Net book value
At 31 March 24361264625
At 31 March 2343514449
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables5851
Taxation and social security2,0632,204
Other creditors8,9888,635
Accrued liabilities and deferred income1,1931,134
Total12,30212,024
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)11985
Total11985