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REGISTERED NUMBER: 08811587 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ATLANTIC SCREEN SCORES LTD

ATLANTIC SCREEN SCORES LTD (REGISTERED NUMBER: 08811587)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ATLANTIC SCREEN SCORES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: S P Fawcett





REGISTERED OFFICE: 23 High Street
Pewsey
Wiltshire
SN9 5AF





REGISTERED NUMBER: 08811587 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

ATLANTIC SCREEN SCORES LTD (REGISTERED NUMBER: 08811587)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,643,918 2,070,354

CURRENT ASSETS
Debtors 5 162,928 65,298
Cash at bank 157 120
163,085 65,418
CREDITORS
Amounts falling due within one year 6 195,876 591,704
NET CURRENT LIABILITIES (32,791 ) (526,286 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,611,127 1,544,068

CREDITORS
Amounts falling due after more than one year 7 26,305 32,262
NET ASSETS 1,584,822 1,511,806

CAPITAL AND RESERVES
Called up share capital 1,582,776 1,582,776
Retained earnings 2,046 (70,970 )
SHAREHOLDERS' FUNDS 1,584,822 1,511,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 30 June 2025 and were signed by:





S P Fawcett - Director


ATLANTIC SCREEN SCORES LTD (REGISTERED NUMBER: 08811587)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Atlantic Screen Scores 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.

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.

Going concern:
The financial statements have been prepared on a going concern basis not withstanding the company's net current liabilities position as at the year end. The connected company has provided with an undertaking that they will continue to support financially for the foreseeable future and that they will not seek repayment of the amounts currently owing to them in the twelve months from the date of signing the financial statements.

Turnover
Turnover represents royalties received from music copyrights during the year.

Revenue recognition
Royalties from music copyrights is recognised by the company in the accounting period in which they relate to.

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.

Music copyrights and film investments are amortised evenly over their estimated useful life of 20 years.

Financial instruments
Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Loans and borrowings
Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ATLANTIC SCREEN SCORES LTD (REGISTERED NUMBER: 08811587)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Music Film
copyrights investments Totals
£    £    £   
COST
At 1 January 2024 2,709,477 45,648 2,755,125
Additions 248,186 - 248,186
Disposals (856,073 ) - (856,073 )
At 31 December 2024 2,101,590 45,648 2,147,238
AMORTISATION
At 1 January 2024 680,207 4,564 684,771
Amortisation for year 115,665 2,283 117,948
Eliminated on disposal (299,399 ) - (299,399 )
At 31 December 2024 496,473 6,847 503,320
NET BOOK VALUE
At 31 December 2024 1,605,117 38,801 1,643,918
At 31 December 2023 2,029,270 41,084 2,070,354

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related companies 99,306 -
Other debtors 63,622 65,298
162,928 65,298

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,956 5,956
Trade creditors 6,878 -
Amounts owed to related companies - 517,866
Taxation and social security 11,821 23,878
Other creditors 171,221 44,004
195,876 591,704

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 26,305 32,262

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due after more than
5 years 2,481 8,438
2,481 8,438

ATLANTIC SCREEN SCORES LTD (REGISTERED NUMBER: 08811587)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. RELATED PARTY DISCLOSURES

Included within debtors as at the year end is £99,306 (2023: £517,866 owed to), an amount owed from Copyright Administration Services Limited, the company where Mr. Simon Fawcett is also the director. The amount owed is unsecured and there are no specific terms to the repayment of this amount.