Registration number: 06650810

Mobbs Music Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Mobbs Music Ltd

Company Information

Director

A N P Mobbs

Registered office

68 Bartholomew Road London NW5 2AL

Accountants

Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Mobbs Music Ltd

(Registration number: 06650810)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,876	1,761
Current assets
Cash at bank and in hand		14,651	10,892
Creditors: Amounts falling due within one year	5	(8,196)	(8,259)
Net current assets		6,455	2,633
Total assets less current liabilities		8,331	4,394
Provisions for liabilities		(357)	(361)
Net assets		7,974	4,033
Capital and reserves
Called up share capital		100	100
Retained earnings		7,874	3,933
Shareholders' funds		7,974	4,033

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 July 2025
 

A N P Mobbs Director

Mobbs Music Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
68 Bartholomew Road
London
NW5 2AL
London

These financial statements were authorised for issue by the director on 19 July 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency of the financial statements is Pound Sterling (GBP), rounded to the nearest Pound.

Going concern

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods
have been delivered to customers such that risks and rewards of ownership have transferred to them.

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.

Tax

Tax on profit represents the sum of the tax currently payable and deferred tax.

Mobbs Music Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

The tax currently payable is based on taxable profit for the year. Taxable profit differs from the profit as
reported in the profit and loss account 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 year.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities and
the corresponding tax bases used to compute taxable profit. Deferred tax liabilities are generally recognised
for all taxable timing differences. Deferred tax assets are generally recognised for temporary differences to
the extent that it is probable that taxable profits will be available to utilise the timing difference.

Deferred tax liabilities and assets are measured at tax rates that are expected to apply in the period the
liability is settled or the asset realised. The measurement of deferred tax liabilities and assets reflects the
tax consequences in which the company expects to recover or settle the underlying amount of its assets and
liabilities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors 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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Mobbs Music Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
 Recognition and measurement
Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.
 

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Mobbs Music Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	8,416	2,401	10,817
Additions	-	855	855
Disposals	-	(2,401)	(2,401)
At 31 March 2025	8,416	855	9,271
Depreciation
At 1 April 2024	6,832	2,224	9,056
Charge for the year	396	344	740
Eliminated on disposal	-	(2,401)	(2,401)
At 31 March 2025	7,228	167	7,395
Carrying amount
At 31 March 2025	1,188	688	1,876
At 31 March 2024	1,584	177	1,761

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	8,193	8,256
Other creditors	3	3
	8,196	8,259