Barking Green Music Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 02716664

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,495		1,528

			2,495		1,528
CURRENT ASSETS
Debtors	6	262		2,865
Cash at bank and in hand		107,271		98,983

		107,533		101,848
Creditors: Amounts Falling Due Within One Year	7	(107,442 )		(102,732 )

NET CURRENT ASSETS (LIABILITIES)			91		(884 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,586		644

NET ASSETS			2,586		644

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			2,584		642

SHAREHOLDERS' FUNDS			2,586		644

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Barking Green Music Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P J Stretton

Director

09/12/2025

The notes on pages 4 to 6 form part of these financial statements.

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Barking Green Music Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Barking Green Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02716664 . The registered office is 19 Ashford Carbonell, Ludlow, Shropshire, SY8 4DB.

2. Statement of Compliance

The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

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

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

3.2. Significant judgements and estimations

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.

3.3. Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

3.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Fixtures & Fittings	15% reducing balance
Office Equipment	20% reducing balance

3.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3.6. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 reporting period.

Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Barking Green Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3.7.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

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.

4. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Office Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	11,730	19,225	1,512	32,467
Additions	-	-	1,582	1,582

As at 31 March 2025	11,730	19,225	3,094	34,049

Depreciation
As at 1 April 2024	11,643	18,974	322	30,939
Provided during the period	22	38	555	615

As at 31 March 2025	11,665	19,012	877	31,554

Net Book Value
As at 31 March 2025	65	213	2,217	2,495

As at 1 April 2024	87	251	1,190	1,528

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Barking Green Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	180	2,706
Prepayments and accrued income	82	159

	262	2,865

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	36,898	34,410
Other creditors	59,205	59,838
Taxation and social security	11,339	8,484

	107,442	102,732

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

9. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	20,000	18,500

10. Related Party Disclosures

Directors balance

Included in other creditors is a balance due to Mr P Stretton £41,811 (2024 : £42,400)

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Director	Mr P J Stretton

Company Number	02716664

Registered Office	19 Ashford Carbonell
	Ludlow
	Shropshire
	SY8 4DB

Accountants	Ripe LLP
	Chartered Accountants
	9a Burroughs Gardens
	London
	NW4 4AU