03457707falsethe licensing of songs, as agent for Greenheart Music (Antigua) Limited2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-12-012024-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director12023-12-012024-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-11-30http://www.companieshouse.gov.uk/cd:Director22023-12-012024-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-12-012024-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-12-012024-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FRS1022023-12-012024-11-30http://www.companieshouse.gov.uk/2024-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-12-012024-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-12-012024-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03457707

Greenheart Music Limited

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

Prepared By:
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Greenheart Music Limited

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
DIRECTORS
E M Grant
P A Grant
SECRETARY
C Prince
REGISTERED OFFICE
1341 High Road
Whetstone
London
N20 9HR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03457707
ACCOUNTANTS
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Greenheart Music Limited

ACCOUNTS
FOR THEYEARENDED30 NOVEMBER 2024
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-

Greenheart Music Limited

BALANCE SHEET AT 30 November 2024
20242023
Notes££
FIXED ASSETS
Tangible assets23,9165,222
CURRENT ASSETS
Debtors3272,767265,133
Cash at bank and in hand338,734449,729
611,501714,862
CREDITORS: Amounts falling due within one year4232,025262,577
NET CURRENT ASSETS379,476452,285
TOTAL ASSETS LESS CURRENT LIABILITIES383,392457,507
CAPITAL AND RESERVES
Called up share capital622
Profit and loss account383,390457,505
SHAREHOLDERS' FUNDS383,392457,507
For the year ending 30 November 2024 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 27 March 2025 and signed on their behalf by
.............................
E M Grant
Director

Greenheart Music Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
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 - 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%
1c. 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.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 December 202321,05321,053
At 30 November 202421,05321,053
Depreciation
At 1 December 202315,83115,831
For the year1,3061,306
At 30 November 202417,13717,137
Net Book Amounts
At 30 November 20243,9163,916
At 30 November 20235,2225,222

Greenheart Music Limited

3. DEBTORS 20242023
££
Amounts falling due within one year
VAT-562
Other debtors272,767264,571
272,767265,133
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT1,228-
PAYE control9801,138
Salaries and wages control313313
Other creditors221,954253,776
Accruals7,5507,350
232,025262,577
5. EMPLOYEES
20242023
No.No.
Average number of employees22
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
7. RELATED PARTY TRANSACTIONS
At the balance sheet date the company was owed the following amounts by companies and entities controlled by the directors: - Gatecroft Properties Limited £13,466 (2023: £12,770); Ice Records Limited £16,949 (2023: £16,949); Libra Property Company Limited £126,057 (2023: £118,557); and Ringbang Music Limited £73,910 (2023: £73,410) . These amounts are included within other debtors.
At the balance sheet date the company owed the following amounts to companies and entities controlled by the directors: - Grant Music Limited £34,548 (2023: £34,920); Greenheart Antigua £123,236 (2023: £154,312) and Ice Music (International) Limited £64,170 (2023: £64,543). These amounts are included within other creditors.
In all cases it has been agreed that the creditors will not press for repayment.