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REGISTERED NUMBER: 08709703 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Cumbrian Punk Limited

Cumbrian Punk Limited (Registered number: 08709703)






Contents of the Financial Statements
for the Year Ended 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cumbrian Punk Limited

Company Information
for the Year Ended 30 SEPTEMBER 2024







DIRECTOR: B Higgins





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 08709703 (England and Wales)





ACCOUNTANTS: BBK Partnership Limited
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Cumbrian Punk Limited (Registered number: 08709703)

Balance Sheet
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,128 10,836
Investments 5 100,001 100,001
Investment property 6 1,966,164 1,966,164
2,074,293 2,077,001

CURRENT ASSETS
Debtors 7 444,263 343,408
Cash at bank 225,880 412,609
670,143 756,017
CREDITORS
Amounts falling due within one year 8 54,621 80,552
NET CURRENT ASSETS 615,522 675,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,689,815

2,752,466

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 2,689,615 2,752,266
SHAREHOLDERS' FUNDS 2,689,815 2,752,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Cumbrian Punk Limited (Registered number: 08709703)

Balance Sheet - continued
30 SEPTEMBER 2024


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 25 June 2025 and were signed by:





B Higgins - Director


Cumbrian Punk Limited (Registered number: 08709703)

Notes to the Financial Statements
for the Year Ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Cumbrian Punk 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 represents fees received, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 (2023 - 1 ) .

Cumbrian Punk Limited (Registered number: 08709703)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 24,092 2,843 26,935
DEPRECIATION
At 1 October 2023 14,746 1,353 16,099
Charge for year 2,336 372 2,708
At 30 September 2024 17,082 1,725 18,807
NET BOOK VALUE
At 30 September 2024 7,010 1,118 8,128
At 30 September 2023 9,346 1,490 10,836

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 100,001
NET BOOK VALUE
At 30 September 2024 100,001
At 30 September 2023 100,001

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,966,164
NET BOOK VALUE
At 30 September 2024 1,966,164
At 30 September 2023 1,966,164

Cumbrian Punk Limited (Registered number: 08709703)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed by group undertakings 288,544 202,888
Other debtors 153,328 139,939
VAT 2,391 581
444,263 343,408

Other debtors include amounts owed from Xenosongs Three Ltd of £98,742, Xenomania US Ltd of £25,148, Xenosongs Too Ltd of £2,162 and Xenomania Songs Ltd of £18,175, companies of which B Higgins is a director and shareholder.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 1,953 12,969
Social security and other taxes 11,030 469
Other creditors 36,638 59,614
Accrued expenses 5,000 7,500
54,621 80,552

Other creditors relates to amounts owed to Xenomania Productions Ltd of £34,938 and Stripe Music Ltd of £1,700, companies of which B Higgins is a director and shareholder.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary 1 200 200

10. ULTIMATE CONTROLLING PARTY

The controlling party is B Higgins.