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REGISTERED NUMBER: 10115429 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Syd Barrett Music Limited

Syd Barrett Music Limited (Registered number: 10115429)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Syd Barrett Music Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Peter Barrett
Mark Barrett
Paul James Breen
Timothy Brown





REGISTERED OFFICE: 70-72 Kirkgate
Silsden
West Yorkshire
BD20 0PA





REGISTERED NUMBER: 10115429 (England and Wales)





ACCOUNTANTS: Marshall Krysko Limited
70-72 Kirkgate
Silsden
West Yorkshire
BD20 0PA

Syd Barrett Music Limited (Registered number: 10115429)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,508 107,868

CURRENT ASSETS
Debtors 5 52,721 90,919
Cash at bank and in hand 134,876 96,048
187,597 186,967
CREDITORS
Amounts falling due within one year 6 68,250 74,103
NET CURRENT ASSETS 119,347 112,864
TOTAL ASSETS LESS CURRENT LIABILITIES 194,855 220,732

CAPITAL AND RESERVES
Called up share capital 96 96
Retained earnings 194,759 220,636
194,855 220,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





Peter Barrett - Director


Syd Barrett Music Limited (Registered number: 10115429)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Syd Barrett Music Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Royalty rights are being amortised evenly over their estimated useful life of ten years.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

Syd Barrett Music Limited (Registered number: 10115429)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 323,605
AMORTISATION
At 1 July 2023 215,737
Charge for year 32,360
At 30 June 2024 248,097
NET BOOK VALUE
At 30 June 2024 75,508
At 30 June 2023 107,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 52,721 90,919

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 43,517 47,646
Other creditors 24,733 26,457
68,250 74,103