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Registered number: 06638459
Peter Doyle Music Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Radford & Sergeant Limited
9 Greyfriars Road
Reading
Berkshire
RG1 1NU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06638459
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,240 11,899
Tangible Assets 5 4,995 3,525
14,235 15,424
CURRENT ASSETS
Debtors 6 618 419
Cash at bank and in hand - 2,455
618 2,874
Creditors: Amounts Falling Due Within One Year 7 (10,501 ) (10,077 )
NET CURRENT ASSETS (LIABILITIES) (9,883 ) (7,203 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,352 8,221
Creditors: Amounts Falling Due After More Than One Year 8 (6,611 ) (7,130 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (670 )
NET (LIABILITIES)/ASSETS (2,259 ) 421
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (2,260 ) 420
SHAREHOLDERS' FUNDS (2,259) 421
Page 1
Page 2
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 member has 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.
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 Peter Doyle
Director
21 October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Peter Doyle Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06638459 . The registered office is Work.Life The White Building, 33 Kings Road, Reading, Berkshire, RG1 3AR.
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 rendering of services.

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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software. It is amortised to profit and loss account over its estimated economic life at 10% on cost.
2.4. 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 25% reducing balance
Fixtures & Fittings 20% straight line basis
Computer Equipment 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 26,590
As at 31 March 2025 26,590
Amortisation
As at 1 April 2024 14,691
Provided during the period 2,659
As at 31 March 2025 17,350
Net Book Value
As at 31 March 2025 9,240
As at 1 April 2024 11,899
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 3,040 695 3,672 7,407
Additions 2,677 - - 2,677
As at 31 March 2025 5,717 695 3,672 10,084
Depreciation
As at 1 April 2024 184 549 3,149 3,882
Provided during the period 1,042 35 130 1,207
As at 31 March 2025 1,226 584 3,279 5,089
Net Book Value
As at 31 March 2025 4,491 111 393 4,995
As at 1 April 2024 2,856 146 523 3,525
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 200 -
Other taxes and social security 418 419
618 419
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 3,247 2,913
Corporation tax - (187 )
VAT 262 409
Accruals and deferred income 1,080 1,030
Director's loan account 5,912 5,912
10,501 10,077
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 6,611 7,130
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid - 2,500
The above dividends were paid to the director.
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