REGISTERED NUMBER: 00511994 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

A.I.R.-EDEL RECORDING STUDIOS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R C B Cope

M J Rodford

REGISTERED OFFICE:

18 Rodmarton Street

London

W1U 8BJ

REGISTERED NUMBER:

00511994 (England and Wales)

ACCOUNTANTS:

MDG Business Associates Limited

Room 73

Wrest House

Wrest Park

Silsoe

Bedfordshire

MK45 4HR

FIXED ASSETS

Tangible assets

5

35,132

36,416

CURRENT ASSETS

Debtors

6

259,164

94,370

Cash at bank

87,710

370,978

346,874

465,348

CREDITORS

Amounts falling due within one year

7

100,539

248,335

NET CURRENT ASSETS

246,335

217,013

TOTAL ASSETS LESS CURRENT LIABILITIES

281,467

253,429

PROVISIONS FOR LIABILITIES

9

8,783

10,087

NET ASSETS

272,684

243,342

CAPITAL AND RESERVES

Called up share capital

10

5,001

5,001

Share premium

249,999

249,999

Retained earnings

17,684

(11,658

)

SHAREHOLDERS' FUNDS

272,684

243,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

M J Rodford - Director

1.	STATUTORY INFORMATION

A.I.R.-Edel Recording Studios 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

After making enquiries, the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the goods supplied and services rendered, stated net of discounts and Value Added Tax.

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

-

20% on reducing balance

Fixtures, fittings and equipment

-

20% on reducing balance

Computer equipment

-

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Plant and

and

Computer

machinery

equipment

equipment

Totals

£

£

£

£

Cost

At 1 July 2024

517,355

203,684

3,799

724,838

Additions

-

-

6,183

6,183

At 30 June 2025

517,355

203,684

9,982

731,021

Depreciation

At 1 July 2024

503,630

181,721

3,071

688,422

Charge for year

2,743

4,394

330

7,467

At 30 June 2025

506,373

186,115

3,401

695,889

Net book value

At 30 June 2025

10,982

17,569

6,581

35,132

At 30 June 2024

13,725

21,963

728

36,416

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,444

58,712

Amounts owed by group undertakings

168,495

-

Prepayments and accrued income

36,225

35,658

259,164

94,370

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

57,200

47,924

Amounts owed to group undertakings

-

187,657

Corporation tax

8,878

-

VAT

14,172

9,754

Accruals and deferred income

20,289

3,000

100,539

248,335

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

100,000

100,000

Between one and five years

540,000

640,000

640,000

740,000

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

8,783

10,087

Deferred

tax

£

Balance at 1 July 2024

10,087

Capital allowances in excess

of depreciation

(1,304

)

Balance at 30 June 2025

8,783

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,501

Ordinary A

£1

2,501

2,501

2,500

Ordinary B

£1

2,500

2,500

5,001

5,001

All share classes rank pari passu in all respects.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclosure related party transactions with fellow group companies.