Twentysomethings Music Limited

Twentysomethings Music Limited
Director's Report
For the Period 01 December 2023 to 31 March 2025

Director's report and financial statements

The director presents their annual report and the financial statements for the period ended 31 March 2025

Director

The director who served the company throughout the period was as follows:

Daniel Houghton (from 26/11/2015)

Statement of director's responsibilities

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the board.

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Daniel Houghton
Director

Date approved: 17 July 2025

Registered Number: 09891051 Twentysomethings Music Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2023 £
Fixed assets
Tangible fixed assets	3	725	1,086
		725	1,086
Current assets
Debtors	4	54	3,676
Cash at bank and in hand		44,060	13,385
		44,114	17,061
Creditors: amount falling due within one year	5	(19,302)	(20,854)
Net current assets		24,812	(3,793)

Total assets less current liabilities		25,537	(2,707)
Net assets		25,537	(2,707)

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		25,437	(2,807)
Shareholders' funds		25,537	(2,707)

For the period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 17 July 2025 and were signed by:

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Daniel Houghton
Director

Twentysomethings Music Limited
Notes to the Financial Statements
For the Period 01 December 2023 to 31 March 2025

General Information

Twentysomethings Music Limited is a private company, limited by shares, registered in England and Wales, registration number 09891051, registration address 15 Raybourne Ave, Poulton le Fylde, Lancashire, FY6 7RT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The director confirms his ongoing support for the company for the foreseeable future, therefore the accounts have been prepared on a going concern basis.

Turnover

Turnover represents the value of services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Corporation tax payable is provided on taxable profits at the current rates.

Provision is made for material deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Equipment

25% Reducing Balance

2.	Average number of employees Average number of employees during the period was 0 (2023 : 0).

Tangible fixed assets

Cost or valuation	Equipment	Total
	£	£
At 01 December 2023	4,553	4,553
Additions	-	-
Disposals	-	-
At 31 March 2025	4,553	4,553
Depreciation
At 01 December 2023	3,467	3,467
Charge for period	361	361
On disposals	-	-
At 31 March 2025	3,828	3,828
Net book values
Closing balance as at 31 March 2025	725	725
Opening balance as at 01 December 2023	1,086	1,086

Debtors: amounts falling due within one year

	2025 £	2023 £
Prepayments & Accrued Income	54	-
Corporation Tax	-	3,676
	54	3,676

Creditors: amount falling due within one year

	2025 £	2023 £
Taxation and Social Security	8,563	-
Other Creditors	10,739	20,854
	19,302	20,854

Share Capital

Allotted, called up and fully paid	2025 £		2023 £
100 Ordinary shares of £1.00 each	100		100
	100		100

7.	Controlling Party In the opinion of the directors the ultimate controlling party is Mr Daniel Houghton by virtue of his majority shareholding.

Registered Number: 09891051
England and Wales
TWENTYSOMETHINGS MUSIC LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 December 2023 End date: 31 March 2025