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REGISTERED NUMBER: 08456714 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

NPB Music Limited

NPB Music Limited (Registered number: 08456714)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NPB Music Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: N Pinchbeck





REGISTERED OFFICE: 168 Dukes Road
London
W3 0SL





REGISTERED NUMBER: 08456714 (England and Wales)






NPB Music Limited (Registered number: 08456714)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,678 39,596

CURRENT ASSETS
Debtors 5 86,157 24,013
Cash at bank and in hand 60,343 75,928
146,500 99,941
CREDITORS
Amounts falling due within one year 6 66,516 54,626
NET CURRENT ASSETS 79,984 45,315
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,662

84,911

CREDITORS
Amounts falling due after more than one
year

7

(38,945

)

(46,279

)

PROVISIONS FOR LIABILITIES 8 (5,981 ) (8,719 )
NET ASSETS 61,736 29,913

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 61,735 29,912
SHAREHOLDERS' FUNDS 61,736 29,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 27 August 2025 and were signed by:





N Pinchbeck - Director


NPB Music Limited (Registered number: 08456714)

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

1. STATUTORY INFORMATION

NPB Music 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and Equipment - 20% on reducing balance
Motor vehicles - 20% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2024 - 1 ) .

NPB Music Limited (Registered number: 08456714)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 April 2024 53,451 50,940 104,391
Additions 1,392 - 1,392
At 31 March 2025 54,843 50,940 105,783
DEPRECIATION
At 1 April 2024 34,231 30,564 64,795
Charge for year 4,122 10,188 14,310
At 31 March 2025 38,353 40,752 79,105
NET BOOK VALUE
At 31 March 2025 16,490 10,188 26,678
At 31 March 2024 19,220 20,376 39,596

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 50,940
DEPRECIATION
At 1 April 2024 30,564
Charge for year 10,188
At 31 March 2025 40,752
NET BOOK VALUE
At 31 March 2025 10,188
At 31 March 2024 20,376

5. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 9,391 22,287
Other debtors 1,726 1,726
11,117 24,013

Amounts falling due after more than one year:
Other debtors 75,040 -

Aggregate amounts 86,157 24,013

NPB Music Limited (Registered number: 08456714)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 5,250 5,250
Hire purchase contracts 4,152 6,674
Trade creditors 13,254 -
Taxation and social security 34,295 36,858
Other creditors 9,565 5,844
66,516 54,626

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 22,337 27,591
Hire purchase contracts 16,608 18,688
38,945 46,279

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,337 6,591

8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 5,981 8,719

Deferred
tax
£   
Balance at 1 April 2024 8,719
Credit to Income Statement during year (2,738 )
Balance at 31 March 2025 5,981

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 April 2024 29,912
Profit for the year 61,173
Dividends (29,350 )
At 31 March 2025 61,735

11. RELATED PARTY DISCLOSURES

Included in long term debtors is a loan of £75,040 (2024 - £Nil) made to NPB Property Limited, in which Mr N Pinchbeck is the sole director and shareholder. The loan has no fixed date of repayment and is interest free.

NPB Music Limited (Registered number: 08456714)

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

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Pinchbeck.