04959979falsethat of a retail music shop and related services2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FRS1022024-02-012025-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-012025-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04959979

Express Music MLC Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025

Prepared By:
Taylor & Taylor Accountants Ltd
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Express Music MLC Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
DIRECTORS
P.Graham
REGISTERED OFFICE
Unit B2 & B3 Quarry Park
Old Milverton Lane
Leamington Spa
CV32 6RW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04959979
ACCOUNTANTS
Taylor & Taylor Accountants Ltd
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Express Music MLC Ltd

ACCOUNTS
FOR THEYEARENDED31/01/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Express Music MLC Ltd

BALANCE SHEET AT 31/01/2025
20252024
Notes££
FIXED ASSETS
Tangible assets38,56110,085
CURRENT ASSETS
Stock69,66866,162
Debtors51,3311,155
Cash at bank and in hand43,63453,972
114,633121,289
CREDITORS: Amounts falling due within one year6108,807105,895
NET CURRENT ASSETS5,82615,394
TOTAL ASSETS LESS CURRENT LIABILITIES14,38725,479
PROVISIONS FOR LIABILITIES AND CHARGES71,6261,917
NET ASSETS12,76123,562
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account12,66123,462
SHAREHOLDERS' FUNDS12,76123,562
For the year ending 31/01/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/03/2025 and signed on their behalf by
.............................
P.Graham
Director

Express Music MLC Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees33

Express Music MLC Ltd

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/02/20247,7998,94910,21539,46266,425
Additions--1,510-1,510
Disposals---(1,089)(1,089)
At 31/01/20257,7998,94911,72538,37366,846
Depreciation
At 01/02/20247,2797,8894,46936,70356,340
Disposals---(944)(944)
For the year1302651,8406542,889
At 31/01/20257,4098,1546,30936,41358,285
Net Book Amounts
At 31/01/20253907955,4161,9608,561
At 31/01/20245201,0605,7462,75910,085
4. STOCK 20252024
££
Stock comprises:
Stock69,66866,162
69,66866,162
5. DEBTORS 20252024
££
Amounts falling due within one year
Prepayments1,3311,155
1,3311,155

Express Music MLC Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax7,8802,836
VAT5,52912,566
PAYE control442473
Directors current account PG & HG77,56777,528
Trade creditors14,72910,116
Other creditors760125
Accruals1,9002,251
108,807105,895
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation1,6261,917
1,6261,917
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100