IRIS Accounts Production v25.2.0.378 09485643 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09485643 2024-03-31 09485643 2025-03-31 09485643 2024-04-01 2025-03-31 09485643 2023-03-31 09485643 2023-04-01 2024-03-31 09485643 2024-03-31 09485643 ns15:EnglandWales 2024-04-01 2025-03-31 09485643 ns14:PoundSterling 2024-04-01 2025-03-31 09485643 ns10:Director1 2024-04-01 2025-03-31 09485643 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09485643 ns10:SmallEntities 2024-04-01 2025-03-31 09485643 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09485643 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09485643 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09485643 ns10:FullAccounts 2024-04-01 2025-03-31 09485643 ns10:Director2 2024-04-01 2025-03-31 09485643 ns10:Director3 2024-04-01 2025-03-31 09485643 ns10:RegisteredOffice 2024-04-01 2025-03-31 09485643 ns5:CurrentFinancialInstruments 2025-03-31 09485643 ns5:CurrentFinancialInstruments 2024-03-31 09485643 ns5:ShareCapital 2025-03-31 09485643 ns5:ShareCapital 2024-03-31 09485643 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09485643 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09485643 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09485643 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: 09485643 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHARING CROSS RECORDS LTD

CHARING CROSS RECORDS LTD (REGISTERED NUMBER: 09485643)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

CHARING CROSS RECORDS LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Ms G Nannini

| T&W Directors Ltd

| Ms D Guerra

| REGISTERED OFFICE: | 38 Craven Street

| London

| WC2N 5NG

| REGISTERED NUMBER: | 09485643 (England and Wales)

| ACCOUNTANTS: | B&P Tax Legal Finance LLP

| 38 Craven Street

| London

| WC2N 5NG

CHARING CROSS RECORDS LTD (REGISTERED NUMBER: 09485643)

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 4,760 |  | 9,393 |  |

Cash at bank and in hand | 26,804 |  | 3,325 |  |

31,564 |  | 12,718 |  |

CREDITORS

Amounts falling due within one year | 5 | (129,991 | ) | (102,556 | ) |

NET CURRENT LIABILITIES | (98,427 | ) | (89,838 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (98,427 | ) | (89,838 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (98,527 | ) | (89,938 | ) |

(98,427 | ) | (89,838 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

Ms D Guerra - Director

CHARING CROSS RECORDS LTD (REGISTERED NUMBER: 09485643)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Charing Cross Records Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparation

| Going concern

| These financial statements have been prepared on a going concern basis.The Shareholder has confirmed that it will continue to provide the financial resources necessary for the Company to meet its financial commitments as they fall due for at least twelve months from the date of approval of these financial .

| Based on the confirmed shareholder support, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements.

| Turnover

| Turnover comprises the royalty income earned from licensing agreements. Royalty income is recognised on an accruals basis in accordance with the terms of the licensing agreements, which generally specify payments based on sales or usage by third parties. Revenue is recognised when the amount can be reliably measured and it is probable that economic benefits will flow to the company.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Financial assets

| The company's financial assets comprise basic financial instruments, being trade and other receivables, amountsowed by group undertakings, cash and bank balances.

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of no more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Trade, other receivable and amounts owed by group undertakings are measured at transaction price less any impairment. Any impairment loss is recognised in the Profit and Loss.

| Financial assets are derecognised when contractual rights to the cash flows from the financial asset expires or are settled, or when substantially all the risks and rewards of ownership have been transferred.

CHARING CROSS RECORDS LTD (REGISTERED NUMBER: 09485643)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Financial liabilities

| The company's financial liabilities comprise of basic financial liabilities, including trade and other payables.

| These are initially recognised at transaction price.

| Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled, or expires.

| Deferred tax

| The Company has assessed the deferred tax implications as at the reporting date. As there are no material timing differences, no deferred tax asset or liability has been recognised.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 3,876 |  | 661 |  |

| Other debtors | 884 |  | 8,732 |  |

4,760 |  | 9,393 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 46 |  | - |  |

| Taxation and social security | 1,338 |  | 1,349 |  |

| Other creditors | 128,607 |  | 101,207 |  |

129,991 |  | 102,556 |  |

6. | RELATED PARTY DISCLOSURES

| At the end of the reporting year the company owed to the director an amount of £124,857 (2024: £95,875). The loan bears no interest and is repayable on demand.

7. | ULTIMATE CONTROLLING PARTY

| The company's ultimate beneficial owner is Ms G Nannini.