1 October 2023 false No description of principal activity Taxfiler 2024.6 SC486912business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC4869122023-09-30 SC4869122023-10-012024-09-30 SC486912business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 SC486912business:FilletedAccounts2023-10-012024-09-30 SC4869122024-09-30 SC486912business:Director12023-10-012024-09-30 SC486912business:RegisteredOffice2023-10-012024-09-30 SC4869122023-09-30 SC486912core:WithinOneYear2024-09-30 SC486912core:WithinOneYear2023-09-30 SC486912core:AfterOneYear2024-09-30 SC486912core:AfterOneYear2023-09-30 SC486912core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC486912core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC486912core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC486912core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC486912core:PreviouslyStatedAmount2024-09-30 SC486912core:PreviouslyStatedAmount2023-09-30 SC486912business:SmallEntities2023-10-012024-09-30 SC486912countries:Scotland2023-10-012024-09-30 SC486912core:LandBuildings2023-10-012024-09-30 SC486912core:PlantMachinery2023-10-012024-09-30 SC486912core:LandBuildings2023-09-30 SC486912core:PlantMachinery2023-09-30 SC486912core:LandBuildings2024-09-30 SC486912core:PlantMachinery2024-09-30 SC4869122022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC486912 (Scotland)
Music Base Limited Unaudited accounts for the year ended 30 September 2024
Music Base Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Music Base Limited Company Information for the year ended 30 September 2024
Director
David Douglas Whitmey
Company Number
SC486912 (Scotland)
Registered Office
125 Great Junction Street Edinburgh EH6 5JB Scotland
- 3 -
Music Base Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
30,124 
28,779 
Current assets
Debtors
5
46,903 
40,130 
Cash at bank and in hand
1,108 
4,213 
48,011 
44,343 
Creditors: amounts falling due within one year
6
(44,125)
(26,498)
Net current assets
3,886 
17,845 
Total assets less current liabilities
34,010 
46,624 
Creditors: amounts falling due after more than one year
7
(43,676)
(44,743)
Net (liabilities)/assets
(9,666)
1,881 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(9,670)
1,877 
Shareholders' funds
(9,666)
1,881 
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2025 and were signed on its behalf by
David Douglas Whitmey Director Company Registration No. SC486912
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Music Base Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Music Base Limited is a private company, limited by shares, registered in Scotland, registration number SC486912. The registered office is 125 Great Junction Street, Edinburgh, EH6 5JB, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Straight line
Plant & machinery
25% Straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
27,786 
70,235 
98,021 
Additions
- 
15,319 
15,319 
At 30 September 2024
27,786 
85,554 
113,340 
Depreciation
At 1 October 2023
27,786 
41,456 
69,242 
Charge for the year
- 
13,974 
13,974 
At 30 September 2024
27,786 
55,430 
83,216 
Net book value
At 30 September 2024
- 
30,124 
30,124 
At 30 September 2023
- 
28,779 
28,779 
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Music Base Limited Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
310 
574 
Accrued income and prepayments
6,292 
6,292 
Other debtors
40,301 
33,264 
46,903 
40,130 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,360 
8,708 
Trade creditors
16 
122 
Taxes and social security
(193)
497 
Other creditors
29,037 
12,769 
Loans from directors
1,413 
- 
Accruals
4,492 
4,402 
44,125 
26,498 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
43,676 
44,743 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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