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REGISTERED NUMBER: 02119694 (England and Wales)















Financial Statements for the Year Ended 31st March 2025

for

YOUTH MUSIC

YOUTH MUSIC (REGISTERED NUMBER: 02119694)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YOUTH MUSIC

Company Information
for the Year Ended 31st March 2025







DIRECTORS: Martin Edward Gunson, PGDip,BFP,FCA,FRSA
Rodger Martin Boyes
Anthony Nickson
Edward Aidan John Gunson, MEng





SECRETARY: Caroline Margaret Gunson, BSc





REGISTERED OFFICE: 1, School Lane,
Lytham,
Lytham St.Anne's,
LANCASHIRE,
FY8 5NL.





REGISTERED NUMBER: 02119694 (England and Wales)





ACCOUNTANTS: Martin Edward Gunson
Chartered Accountant
Bank House,
9, Dicconson Terrace,
Lytham, Lytham St.Anne's,
Lancashire, FY8 5JY.

YOUTH MUSIC (REGISTERED NUMBER: 02119694)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,076 1,132

CURRENT ASSETS
Debtors 5 45 45
Cash at bank and in hand 6,716 7,154
6,761 7,199
CREDITORS
Amounts falling due within one year 6 318 326
NET CURRENT ASSETS 6,443 6,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,519

8,005

RESERVES
Income and expenditure account 7,519 8,005
7,519 8,005

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 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 surplus or deficit 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.

YOUTH MUSIC (REGISTERED NUMBER: 02119694)

Balance Sheet - continued
31st 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 18th June 2025 and were signed on its behalf by:





Martin Edward Gunson, PGDip,BFP,FCA,FRSA - Director


YOUTH MUSIC (REGISTERED NUMBER: 02119694)

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

1. STATUTORY INFORMATION

YOUTH MUSIC is a private company, limited by guarantee , 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 concert and other performance receipts together with net invoiced sales of goods and services, 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.
Plant and machinery etc - 5% 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.

YOUTH MUSIC (REGISTERED NUMBER: 02119694)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024
and 31st March 2025 3,202
DEPRECIATION
At 1st April 2024 2,070
Charge for year 56
At 31st March 2025 2,126
NET BOOK VALUE
At 31st March 2025 1,076
At 31st March 2024 1,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 45 45

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 213 11
Other creditors 105 315
318 326

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in the cost of sales is the reimbursement of travel expenses incurred by the director, Martin E. Gunson, amounting to Nil (2023 - Nil) .

Accountancy services are provided at no cost to the Charity by Martin Edward Gunson - Chartered Accountant, whose principal is the director, Martin E. Gunson.