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REGISTERED NUMBER: 03017449 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2025

for

The Musical Times Publications Limited

The Musical Times Publications Limited (Registered number: 03017449)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

The Musical Times Publications Limited

Company Information
for the Year Ended 31st March 2025







DIRECTOR: P S Phillips





SECRETARY:





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 03017449 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

The Musical Times Publications Limited (Registered number: 03017449)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,250

CURRENT ASSETS
Stocks 5 - 8,468
Debtors 6 11,207 33,397
Cash at bank 14,103 1,140
25,310 43,005
CREDITORS
Amounts falling due within one year 7 2,081 19,613
NET CURRENT ASSETS 23,229 23,392
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,229

24,642

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,129 24,542
SHAREHOLDERS' FUNDS 23,229 24,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14th May 2025 and were signed by:





P S Phillips - Director


The Musical Times Publications Limited (Registered number: 03017449)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

The Musical Times Publications 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Turnover comprises circulation, subscription and advertising income receivable in respect of magazines published during the year, together with internet income derived from the company's archive receivable during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

The Musical Times Publications Limited (Registered number: 03017449)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024 1,667
Disposals (1,667 )
At 31st March 2025 -
DEPRECIATION
At 1st April 2024 417
Charge for year 417
Eliminated on disposal (834 )
At 31st March 2025 -
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 1,250

5. STOCKS
31.3.25 31.3.24
£    £   
Work in progress - 8,468

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 11,168 32,996
Other debtors 39 401
11,207 33,397

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 31 479
Taxation and social security 50 324
Other creditors 2,000 18,810
2,081 19,613

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
The Musical Times Publications Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Musical Times Publications Limited for the year ended 31st March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of The Musical Times Publications Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Musical Times Publications Limited and state those matters that we have agreed to state to the director of The Musical Times Publications Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Musical Times Publications Limited and its director for our work or for this report.

It is your duty to ensure that The Musical Times Publications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Musical Times Publications Limited. You consider that The Musical Times Publications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Musical Times Publications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


15th May 2025