for the Period Ended 28 February 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 February 2025
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
29 February 2024
to
28 February 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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| Gross profit(or loss): |
( |
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| Distribution costs: |
(
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(
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
( |
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| Profit(or loss) before tax: |
( |
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| Profit(or loss) for the financial year: |
( |
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As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: | 3 |
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| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2025
Basis of measurement and preparation
for the Period Ended 28 February 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 28 February 2025
| Goodwill | Other | Total | |
|---|---|---|---|
| Cost | £ | £ | £ |
| At 29 February 2024 |
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| Additions | |||
| Disposals | |||
| Revaluations | |||
| Transfers | |||
| At 28 February 2025 |
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| Amortisation | |||
| At 29 February 2024 |
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| Charge for year | |||
| On disposals | |||
| Other adjustments |
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| At 28 February 2025 |
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| Net book value | |||
| At 28 February 2025 |
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| At 28 February 2024 |
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for the Period Ended 28 February 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 29 February 2024 |
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| Additions | ||||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 28 February 2025 |
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| Depreciation | ||||||
| At 29 February 2024 |
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| Charge for year | ||||||
| On disposals | ||||||
| Other adjustments |
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| At 28 February 2025 |
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| Net book value | ||||||
| At 28 February 2025 |
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| At 28 February 2024 |
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The company has continued to support musicians to record, release and perform their music. This has included public live shows and the releasing of artist's albums on vinyl. We have had one-to-one catch ups with artists signed to the label to discuss their future plans and desires for their music and their relationship with the CIC. This included Andy Skellam, The All Night Chemist, Apple of my Eye and Benji Tranter
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 November 2025
And signed on behalf of the board by:
Name: Jimmy Grayburn
Status: Director