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Company Registration No. 11270569 (England and Wales)
Music Maestro Group Ltd Unaudited accounts for the year ended 31 December 2024
Music Maestro Group Ltd Unaudited accounts Contents
Page
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Music Maestro Group Ltd Company Information for the year ended 31 December 2024
Directors
Craig R Dormer Daniel L Fisk
Company Number
11270569 (England and Wales)
Registered Office
143 High Street Chalfont St Peter Gerrards Cross Buckinghamshire SL9 9QL United Kingdom
Accountants
A D Pottie & Co Ltd Denmark House, 143 High St, Chalfont St Peter, Gerrards Cross Buckinghamshire SL9 9QL
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Music Maestro Group Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,916 
21,891 
Current assets
Debtors
30,880 
56,176 
Cash at bank and in hand
9,173 
19,967 
40,053 
76,143 
Creditors: amounts falling due within one year
(42,912)
(68,382)
Net current (liabilities)/assets
(2,859)
7,761 
Total assets less current liabilities
13,057 
29,652 
Creditors: amounts falling due after more than one year
(12,176)
(28,524)
Net assets
881 
1,128 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
879 
1,126 
Shareholders' funds
881 
1,128 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Craig R Dormer Director Company Registration No. 11270569
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Music Maestro Group Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Music Maestro Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11270569. The registered office is 143 High Street, Chalfont St Peter, Gerrards Cross, Buckinghamshire, SL9 9QL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% per annum of cost
Fixtures & fittings
20% per annum of cost
Computer equipment
20% per annum of cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Music Maestro Group Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
24,789 
6,257 
31,046 
Additions
- 
125 
125 
At 31 December 2024
24,789 
6,382 
31,171 
Depreciation
At 1 January 2024
4,958 
4,197 
9,155 
Charge for the year
4,958 
1,142 
6,100 
At 31 December 2024
9,916 
5,339 
15,255 
Net book value
At 31 December 2024
14,873 
1,043 
15,916 
At 31 December 2023
19,831 
2,060 
21,891 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,533 
56,176 
Other debtors
2,347 
- 
30,880 
56,176 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,648 
15,648 
VAT
3,543 
10,610 
Trade creditors
18,234 
19,488 
Taxes and social security
8,558 
6,210 
Other creditors
- 
2,597 
Loans from directors
- 
11,541 
Accruals
1,929 
2,288 
42,912 
68,382 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,176 
28,524 
8
Loans to directors
At 31 December 2024, the directors' owed the company £2,347 (2023, the company owed the directors £11,541).
9
Average number of employees
During the year the average number of employees was 6 (2023: 3).
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