Music Man Ltd

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

Registered number: 12488313

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		35,615		15,291

			35,615		15,291
CURRENT ASSETS
Cash at bank and in hand		11,618		10,707

		11,618		10,707
Creditors: Amounts Falling Due Within One Year	6	(12,156 )		(11,363 )

NET CURRENT ASSETS (LIABILITIES)			(538 )		(656 )

TOTAL ASSETS LESS CURRENT LIABILITIES			35,077		14,635

NET ASSETS			35,077		14,635

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			34,977		14,535

SHAREHOLDERS' FUNDS			35,077		14,635

For the year ending 28 February 2025 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

Mr Paul Copestake

Director

5 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Music Man Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12488313 . The registered office is 10 Gardner Road, Prestwich, Manchester, M25 3HS.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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:

Plant & Machinery	33% Straight line
Fixtures & Fittings	20% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 March 2024	32,982	1,255	34,237
Additions	33,030	300	33,330

As at 28 February 2025	66,012	1,555	67,567

Depreciation
As at 1 March 2024	18,503	443	18,946
Provided during the period	12,787	219	13,006

As at 28 February 2025	31,290	662	31,952

Net Book Value
As at 28 February 2025	34,722	893	35,615

As at 1 March 2024	14,479	812	15,291

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Music Man Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Debtors

	2025	2024
	£	£
Due within one year

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	12,156	11,363

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
50 Ordinary Shares of £ 1.00 each	50	50
50 Ordinary A shares of £ 1.00 each	50	50

	100	100

8. Related Party Transactions

The total of remuneration and dividends paid to directors is considered to be a normal market rate for the work that they do for the company and the profits that this work generates.

For a small limited company it is considered normal market practice for directors who are also shareholders to take their income from the company as a mixture of remuneration and dividends.

It is therefore not considered necessary to disclose these transactions in the financial statements as Related Party Transactions, on the basis that they have been concluded under normal market conditions.

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