Company registration number 03090200 (England and Wales)
MUSIC GIFTS CO. POOLE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
MUSIC GIFTS CO. POOLE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
11,928
16,492
Current assets
72,249
81,295
Prepayments and accrued income
152
389
Creditors: amounts falling due within one year
(76,388)
(88,355)
Net current liabilities
(3,987)
(6,671)
Total assets less current liabilities
7,941
9,821
Creditors: amounts falling due after more than one year
(7,094)
(16,790)
Net assets/(liabilities)
847
(6,969)
Capital and reserves
847
(6,969)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
2
3
2
Operating lease commitments
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellation operating of £5,449 (2024: £7,896)
MUSIC GIFTS CO. POOLE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
Music Gifts Co. Poole Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Dalkeith Road, Branksome Park, Poole, Dorset, BH13 6LQ.
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In previous years the financial statements have been prepared under Section 1A of FRS102. During the current financial year, the company transitioned to FRS105 reporting, including restating comparatives in accordance (including removing deferred tax not allowed under FRS105). Reserves at 31 March 2024 under Section 1A of FRS102 were (£7,678). Reserves at 31 March 2024 under FRS105 have been restated to (£7,169).
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 27 August 2025 and are signed on its behalf by:
Mr D M Gee
Director
Company registration number 03090200 (England and Wales)