REGISTERED NUMBER: 04917167 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Rick Wentworth Music Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Wentworth

REGISTERED OFFICE:

14 Amherst Avenue

London

W13 8NQ

REGISTERED NUMBER:

04917167 (England and Wales)

ACCOUNTANTS:

Shaw Accounting Services Limited

14 Amherst Avenue

London

W13 8NQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

905

1

905

1

CURRENT ASSETS

Debtors

6

18,607

16,989

Cash at bank

86

84

18,693

17,073

CREDITORS

Amounts falling due within one year

7

31,689

27,533

NET CURRENT LIABILITIES

(12,996

)

(10,460

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,091

)

(10,459

)

PROVISIONS FOR LIABILITIES

160

-

NET LIABILITIES

(12,251

)

(10,459

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(12,252

)

(10,460

)

SHAREHOLDERS' FUNDS

(12,251

)

(10,459

)

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 director acknowledges his 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 director and authorised for issue on 19 November 2025 and were signed by:

R Wentworth - Director

1.	STATUTORY INFORMATION

Rick Wentworth Music Limited 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 preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

and 31 March 2025

100,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

17,409

Additions

1,356

At 31 March 2025

18,765

DEPRECIATION

At 1 April 2024

17,408

Charge for year

452

At 31 March 2025

17,860

NET BOOK VALUE

At 31 March 2025

905

At 31 March 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

9,631

6,043

Other debtors

8,976

10,946

18,607

16,989

The other debtor is represented by an overdrawn director's account.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

28,448

21,914

Taxation and social security

2,241

4,619

Other creditors

1,000

1,000

31,689

27,533

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

28,448

21,914

The bank overdraft is secured by a fixed and floating charge over the company's assets.