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REGISTERED NUMBER: 10450513 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Foster & Foster Music Ltd

Foster & Foster Music Ltd (Registered number: 10450513)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Foster & Foster Music Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S J Foster
T Foster





SECRETARIES: S J Foster
T Foster





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 10450513 (England and Wales)





ACCOUNTANTS: Myers & Co Accountants Limited
Suite 204A, East Wing
Sterling House
Langston Road
Loughton
Essex
IG10 3TS

Foster & Foster Music Ltd (Registered number: 10450513)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,424 16,038

CURRENT ASSETS
Debtors 5 29,250 8,300
Cash at bank 33,966 74,107
63,216 82,407
CREDITORS
Amounts falling due within one year 6 38,344 50,453
NET CURRENT ASSETS 24,872 31,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,296

47,992

CREDITORS
Amounts falling due after more than one
year

7

1,450

10,664
NET ASSETS 38,846 37,328

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 38,844 37,326
38,846 37,328

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Foster & Foster Music Ltd (Registered number: 10450513)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:




T Foster - Director



S J Foster - Director


Foster & Foster Music Ltd (Registered number: 10450513)

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

1. STATUTORY INFORMATION

Foster & Foster Music Ltd 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Foster & Foster Music Ltd (Registered number: 10450513)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 15,078 1,256 3,293 10,748 30,375
Additions - - - 2,716 2,716
At 31 March 2025 15,078 1,256 3,293 13,464 33,091
DEPRECIATION
At 1 April 2024 4,221 648 2,242 7,226 14,337
Charge for year 1,357 152 262 1,559 3,330
At 31 March 2025 5,578 800 2,504 8,785 17,667
NET BOOK VALUE
At 31 March 2025 9,500 456 789 4,679 15,424
At 31 March 2024 10,857 608 1,051 3,522 16,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 6,300 6,300
Other debtors 22,950 2,000
29,250 8,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 9,383 9,142
Taxation and social security 27,656 38,923
Other creditors 1,305 2,388
38,344 50,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,450 10,664