Earth Music Agency Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08969357

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,244		10,464

			10,244		10,464
CURRENT ASSETS
Debtors	5	77,711		74,520
Cash at bank and in hand		229,748		217,326

		307,459		291,846
Creditors: Amounts Falling Due Within One Year	6	(121,972 )		(111,252 )

NET CURRENT ASSETS (LIABILITIES)			185,487		180,594

TOTAL ASSETS LESS CURRENT LIABILITIES			195,731		191,058

Creditors: Amounts Falling Due After More Than One Year	7		(45,000 )		(75,000 )

NET ASSETS			150,731		116,058

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			150,631		115,958

SHAREHOLDERS' FUNDS			150,731		116,058

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Earth Music Agency Limited

Balance Sheet (continued)

As At 31 December 2024

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Luke Williamson

Director

10th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Earth Music Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08969357 . The registered office is S72, Somerset House, South Wing, Strand, London, WC2R 1LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	33.33% - Straight line
Computer Equipment	33.33% - Straight line

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2023: 15)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	7,257	19,449	26,706
Additions	1,076	5,758	6,834
Disposals	(415 )	-	(415 )

As at 31 December 2024	7,918	25,207	33,125

...CONTINUED

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Earth Music Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	6,978	9,264	16,242
Provided during the period	266	6,788	7,054
Disposals	(415 )	-	(415 )

As at 31 December 2024	6,829	16,052	22,881

Net Book Value
As at 31 December 2024	1,089	9,155	10,244

As at 1 January 2024	279	10,185	10,464

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	77,711	74,520

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	49,113	33,950
Bank loans and overdrafts	30,000	30,000
Other creditors	8,780	7,691
Taxation and social security	34,079	39,611

	121,972	111,252

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	45,000	75,000

8. Secured Creditors

Bank loans are secured by fixed and floating charges covering all the property or undertaking of the company and contain negative pledge.

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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Earth Music Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Related Party Transactions

During the year, dividends totalling £nil (2023 - £3,310) were paid to the director. Additionally, a further £nil (2023- £12,454) of dividends were paid to other shareholders of the company.

Included within cost of sales is an amount of £34,190 (2023: £34,640) invoiced by a shareholder holding 21% of the company’s issued share capital for services provided during the year. The transactions were conducted on normal commercial terms.

11. Controlling Party

The company has no ultimate controlling party.

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