64 Million Artists Ltd

	Page
Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3—4

Report of the Accountant to the directors of 64 Million Artists Ltd

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Counterculture LLP

16th September 2025

Clarke + Wells

Ground Floor

66 High Street

Lewes

East Sussex

BN7 1XG

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64 Million Artists Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 09078048

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,286		4,767

			4,286		4,767
CURRENT ASSETS
Debtors	5	93,405		77,753
Cash at bank and in hand		25,968		83,373

		119,373		161,126
Creditors: Amounts Falling Due Within One Year	6	(118,840 )		(161,120 )

NET CURRENT ASSETS (LIABILITIES)			533		6

TOTAL ASSETS LESS CURRENT LIABILITIES			4,819		4,773

NET ASSETS			4,819		4,773

Income and Expenditure Account			4,819		4,773

MEMBERS' FUNDS			4,819		4,773

For the year ending 31 March 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 Income and Expenditure Account.

On behalf of the board

Ms Josephine Hunter

Director

11th July 2025

The notes on pages 3 to 4 form part of these financial statements.

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64 Million Artists Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

64 Million Artists Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 09078048 . The registered office is 3 Castlemead Road, Stroud, GL5 3SF.

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:

Computer Equipment

25% Straight Line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 10)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	12,995
Additions	2,057
Disposals	(4,898 )

As at 31 March 2025	10,154

Depreciation
As at 1 April 2024	8,228
Provided during the period	2,538
Disposals	(4,898 )

As at 31 March 2025	5,868

Net Book Value
As at 31 March 2025	4,286

As at 1 April 2024	4,767

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64 Million Artists Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	88,273	68,721
Other debtors	5,132	9,032

	93,405	77,753

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,416	15,682
Bank loans and overdrafts	10,468	18,617
Other creditors	59,549	86,578
Taxation and social security	38,407	40,243

	118,840	161,120

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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