Company registration number SC144027 (Scotland)
MARTIN TAYLOR (MUSIC) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
MARTIN TAYLOR (MUSIC) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
21,391
22,860
Current assets
21,541
15,679
Prepayments and accrued income
1,168
314
Creditors: amounts falling due within one year
(15,999)
(14,367)
Net current assets
6,710
1,626
Total assets less current liabilities
28,101
24,486
Creditors: amounts falling due after more than one year
(811)
(4,520)
Accruals and deferred income
(16,460)
(15,982)
Net assets
10,830
3,984
Capital and reserves
10,830
3,984
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the year end, the directors were due to receive £854 from the company (2024 - £791) which is shown in Creditors: Amounts falling due within one year. This loan does not attract interest and has no agreed payment terms.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2025
2024
Number
Number
Employees
2
2

Martin Taylor (Music) Limited is a private company limited by shares incorporated in Scotland. The registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, United Kingdom, DD5 1NB.

 

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

MARTIN TAYLOR (MUSIC) LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 November 2025 and are signed on its behalf by:
Mrs Elizabeth Taylor
Director
Company registration number SC144027 (Scotland)
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