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REGISTERED NUMBER: 07231408 (England and Wales)















Financial Statements for the Year Ended 30 April 2025

for

D K Music Management Limited

D K Music Management Limited (Registered number: 07231408)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D K Music Management Limited

Company Information
for the Year Ended 30 April 2025







DIRECTOR: R D Keyes





REGISTERED OFFICE: Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA





REGISTERED NUMBER: 07231408 (England and Wales)





ACCOUNTANTS: Atkinsons
Chartered Accountants
Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA

D K Music Management Limited (Registered number: 07231408)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,526 18,893
Tangible assets 5 524 2,789
16,050 21,682

CURRENT ASSETS
Debtors 6 - 649,694
Cash at bank 360 8,190
360 657,884
CREDITORS
Amounts falling due within one year 7 877 104,212
NET CURRENT (LIABILITIES)/ASSETS (517 ) 553,672
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,533

575,354

CREDITORS
Amounts falling due after more than one
year

8

-

(10,983

)

PROVISIONS FOR LIABILITIES (99 ) (530 )
NET ASSETS 15,434 563,841

CAPITAL AND RESERVES
Called up share capital 100 100
Capital contribution reserve 321,854 321,854
Retained earnings (306,520 ) 241,887
SHAREHOLDERS' FUNDS 15,434 563,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

D K Music Management Limited (Registered number: 07231408)

Balance Sheet - continued
30 April 2025


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 6 June 2025 and were signed by:





R D Keyes - Director


D K Music Management Limited (Registered number: 07231408)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of nine years.

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.

Website cost is being amortised evenly over its estimated useful life of nine years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 25% on cost
Music equipment - 25% on cost
Computer equipment - 33% on cost

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.


D K Music Management Limited (Registered number: 07231408)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Website
Goodwill cost Totals
£    £    £   
COST
At 1 May 2024
and 30 April 2025 11,925 37,309 49,234
AMORTISATION
At 1 May 2024 11,925 18,416 30,341
Amortisation for year - 3,367 3,367
At 30 April 2025 11,925 21,783 33,708
NET BOOK VALUE
At 30 April 2025 - 15,526 15,526
At 30 April 2024 - 18,893 18,893

D K Music Management Limited (Registered number: 07231408)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

5. TANGIBLE FIXED ASSETS
Leasehold Music Computer
improvements equipment equipment Totals
£    £    £    £   
COST
At 1 May 2024
and 30 April 2025 16,996 72,579 31,031 120,606
DEPRECIATION
At 1 May 2024 16,996 70,443 30,378 117,817
Charge for year - 1,612 653 2,265
At 30 April 2025 16,996 72,055 31,031 120,082
NET BOOK VALUE
At 30 April 2025 - 524 - 524
At 30 April 2024 - 2,136 653 2,789

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Other debtors - 649,694

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Bank loans and overdrafts - 10,648
Trade creditors 864 8,214
Taxation and social security 13 1,599
Other creditors - 83,751
877 104,212

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.25 30.4.24
£    £   
Bank loans - 10,983

9. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.